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Saudi Arabia monitoring oil markets closely, prepared for additional measures

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RIYADH: The Saudi Cabinet said it is continuing to closely monitor the oil market conditions and is prepared to take any additional measures in partnership...

Retail stores turn Metro stations into shopping destinations

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Rising number of retail stores, services kiosks and art installations have made Doha Metro stations more than just transit hubs. With facilities like banking, money...

Over 50,000 Hajj pilgrims use Haramain High Speed Railway

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Saudi Arabia’s Haramain High Speed Railway has transported over 50,000 Hajj pilgrims since it began operating for the first time during the Hajj season,...

Project update: Riyadh Metro’s KAFD station in Saudi Arabia

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King Abdullah Financial District (KAFD) station is one of the four main stations of Riyadh Metro, an infrastructure megaproject set to transform the way people...

Riyadh Metro airport extension contract awarded

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Arriyadh Development Authority (ADA) awarded Fast Consortium the contract on the extension of Riyadh Metro Line 4 to King Khalid International Airport (KKIA). The extension...

Second O&M contract awarded for Saudi’s $23bn Riyadh Metro

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An operations and maintenance (O&M) contract has been awarded for Lines 3-6 of Saudi Arabia’s $23bn (SAR86.3bn) Riyadh Metro to the Flow Consortium, comprising Alstom, Ansaldo, and Ferrovie...

KSA in line for multibillion-dollar infrastructure dividend

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LONDON: Saudi Arabia stands to collect an “infrastructure dividend” worth billions as it pushes ahead with its diversification drive, powered by a localization program...

Bahrain to launch international bid for metro project

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Bahrain plans to issue an international tender for its first metro project in the fourth quarter of 2019, seeking private partners to finance a scheme that...

Zamil unit wins Riyadh Rapid Bus Transit System deal

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Saudi-based Zamil Steel Construction Company (ZSCC) said it has secured a supply contract worth SR13.9 million ($3.7 million) from Saudi Constructioneers for its Riyadh...