Tag: riyadh metro

A $22.5 billion urban rail and bus system for the congested Saudi Arabian capital is on track, Riyadh's governor said Wednesday, as other projects in the kingdom are delayed.

Dubai Investments (DI), a leading, diversified investments conglomerate listed on the Dubai Financial Market, said one of its subsidiaries, Emirates Building Systems has been awarded a contract to provide steel structures for the second phase of the Riyadh Metro Project.

These problems are due to the ongoing work on the Riyadh Metro Project.

Saudi Arabians are anticipating with hope, doubt and worry the release this week of a government plan to liberate the kingdom from its reliance on oil, which could solve deep-rooted problems but bring economic pain.

Ground Breaking Ceremony of the Riyadh Metro tunnel

As well as catering for hotel guests and airport users, Hadid has designed the King Abdullah Financial District Metro Station in Riyadh, Saudi Arabia

In late February, several hundred Saudi officials, company executives and foreign consultants gathered in a luxury Riyadh hotel to discuss how Saudi Arabia's economy could survive an era of cheap oil.

In recent years, the Gulf Cooperation Council countries were considered some of the most promising markets for the international rail industry.

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 High Commission for the Development of Arriyadh has participated with a pavilion in the exhibition accompanying the Saudi Travel and Tourism Investment Market (STTIM 2016), organized by the Saudi Commission for Tourism and National Heritage at Riyadh International Convention and Exhibition Center from March 27 to April 01 2016.