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FINANCIAL NEWS
Saudi resumes Haramain Rail project
25 Feb 2014
(MENAFN) Saudi Arabia has resumed work on Haramain High Speed Rail project from King Abdullah Economic City, Rabigh to holy city of Madinah, according to Arab News.
Saudi Railway Organization (SRO) Chairman Mohammed Khaled Al-Suwaiket said that the second phase has been started by installing train truck.
He added that the 450-kilometer high speed electrified train with a maximum speed of 300 km per hour is a challenging task.
Al-Suwaiket said: “SRO is experiencing some obstacles in the Makkah-Jeddah sector, thus delaying the project in this particular stretch, however from King Abdullah Economic City in Rabigh to Madinah there are no problems and work is progressing satisfactorily.”
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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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