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FINANCIAL NEWS
Saudi Transport Minister signs contracts worth USD1.5 b for new-road projects
16 Sep 2013
(MENAFN) Saudi Transport Ministry plans a project worth about USD1.5 billion to pave 68 new roads in the Kingdom, according to Arab News.
The Transport Minister, Jabara Al-Seraisry, said: “These new projects have been approved by the current fiscal budget.”
Al-Seraisry added: “We had invited tenders from national companies soon after the declaration of the budget in order to implement the projects this year.”
Other road projects were signed by the minister during the last few months worth about USD0.65 billion, while USD2.14 billion was the total of the road contracts which were signed during the current year.
More News
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BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
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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