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Saudi Arabia is reportedly studying the implementation of a sea taxi service, Corniche Tram, and Obhur Suspension Bridge – planned as one of the...
JEDDAH: The first international flights will take off from Jeddah’s new King Abdul Aziz International Airport to three destinations in the Gulf. The Saudi Arabian...
Work on the Riyadh Metro project is moving at a steady pace with three of the key network lines on track for opening by the end of 2018 or early 2019, said a report, citing the contractor.
Saudi Arabia is in the midst of rapid economic expansion as it looks to develop its non-oil sector. Infrastructure projects include Riyadh Metro, Makkah Metro, Jeddah Airport, Riyadh Airport, apart from power and water and healthcare projects to the tune of $400 billion.
The $23 billion Riyadh Metro will be completed on schedule in 2019 and its budget is ring-fenced, a senior official said on Wednesday, quashing speculation the project could be scaled back or delayed following a slump in Saudi Arabia's oil revenues.
Four international consortia have prequalified for a contract to build a metro network in Riyadh, the High Commission for the Development of Arriyadh announced on August 1. Bids were submitted by a total of 38 consortia.