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FINANCIAL NEWS
Siemens, HLG win Qatar tram project
02 Aug 2012
(MENAFN) Qatar Foundation (QF) has awarded a USD412 million contract to Habtoor Leighton Group (HLG) and Siemens to help build a tram system in Education City, Arabian Business reported.
The People Mover System project comprise of a battery-powered tram linking various sections of the Doha complex.
HLG will be responsible for the design and construction of track-work, plus tram stops, and a depot facility. HLG’s component of the project is worth USD124 million.
The project represents the start of a USD35 billion investment in rail infrastructure in preparation for 2022 FIFA World Cup.
More News
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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