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FINANCIAL NEWS
Jeddah to construct $5.6b light rail system
06 Oct 2010
(MENAFN) Governor of the Mecca province which includes Jeddah, Prince Khalid Al Faisal said that the traffic-congested Red Sea city of Jeddah will build an elevated light rail system worth of $5.6 billion, Trade Arabia reported.
The main transportation hub for nearby Mecca, Jeddah?s population enlarges by hundreds of thousands during the peak periods of the Haj and Umrah pilgrimages.
The new light rail will complement a high speed railway currently being planned to link Mecca, Jeddah and Medina.
The government is expected to choose between French and Spanish consortiums who bid for that project before the end of the year.
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BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
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24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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