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FINANCIAL NEWS
Riyadh metro tender launched
16 May 2012
(MENAFN) Saudi Arabia placed a tender for a new metro transit system project in the capital Riyadh to tackle traffic jams in the cirty, Arabian Business reported.
Arriyadh Development Authority’s website invited international consortiums to make their bids to provide infrastructure including rolling stock and telecommunications, as well as tunnelling, civil, mechanical and electrical works.
The prequalification application bids will be accepted until June 20 2012, the authority said on its website.
The Ministry of Transport had approved the development of light rail networks in both Riyadh and Jeddah, the Saudi Gazette reported in February.
The report added that the authorities were also planning to launch public transport projects in Hail, Abha, Khamis Mushayt and Uhud Rufaidah.
More News
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BBK discloses its financial results for the half year ended 30th June 2025
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CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
16 Jun 2025
BBK and CrediMax Offer Exclusive 20% Discount on Turkish Airlines Flights for Cardholders
25 May 2025
BBK strengthens commitment to sports development through strategic partnership with Bahrain Basketball Association
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