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FINANCIAL NEWS
Riyadh Metro to be completed by 2019 at USD 23bn
10 Mar 2016
(MENAFN) The USD 23bn Riyadh Metro will be finished by 2019 and its budget is protected, while the project could be scaled back or delayed.
Furthermore, the 176-km Riyadh Metro is unaffected and the oil price drop won’t affect the metro, whereas all six lines and 85 stations would be operational.
Additionally, these will be served by electric, driverless trains, and the metro is being paid for directly from ring-fenced government funds.
However, the metro budget is unchanged, but as a design-and-build project some aspects have to be decided like the interiors of the stations.
More News
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BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
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HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
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
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