Skip to content Skip to Search
Skip navigation

Saudi Arabia signs $690m passenger train order

Saudi Arabia Railways selected Stadler as the preferred bidder last year for its new passenger trains SPA
Saudi Arabia Railways selected Stadler as the preferred bidder last year for its new passenger trains

Saudi Arabia Railways (SAR) has signed a $690.16 million contract with Stadler, a Swiss rail infrastructure and train manufacturer, for 10 “next-generation” passenger trains for its growing railway network.

The state-owned rail network operator can order an additional 10 units in the future, state-run SPA news agency reported. 

Trains will be 175 metres long, self-propelled with two independent diesel-electric power heads meeting the latest European emission standards stage V and have a passenger capacity of 320.  

The contract provides full maintenance support and spare parts for 10 years with an option to be extended to an additional 10 trainsets for 10 years.

Transport minister and chairman of SAR Saleh Al-Jasser said that the trains will double the annual capacity of the eastern network to over 3.8 million passengers annually and provide a direct express service between Riyadh and Dammam to meet the growing demand for trips between the two main cities.

The GCC market is expected to outperform other railway markets in terms of travel experience and passenger growth, said Peter Spuhler, executive chairman of Stadler Rail.

Latest articles

Tuna fishermen in the Madlives. The Islamic Development Bank will contribute more than $64 million to the country's fishing industry

Islamic Development Bank approves $3bn for projects

The Islamic Development Bank has approved financing worth more than $3 billion for 20 social and economic development projects in 17 of its member states. The money will be used to boost social and economic development in critical sectors such as transportation, energy, agriculture, water resources, food security, health and social development. In an announcement, […]

Ewec says the Al Sila wind project will generate clean electricity to power 36,000 homes

Abu Dhabi seeks developer for new wind power project

Abu Dhabi’s Emirates Water and Electricity Company (Ewec) has invited expressions of interest (EoIs) for the development of a wind farm in the Al Sila region. On completion, the 140 megawatt (MW) greenfield renewable energy independent power project will more than double the existing wind generation capacity in the UAE. The Al Sila wind project will […]

Output at Egypt's Zohr field fell to 1.9 Bcf/d by early 2024 due to foreign oil companies’ hesitance to invest

Egypt to ramp up gas output from major concessions

Egypt is planning to increase natural gas output from major concessions, including its largest field Zohr, petroleum minister Karim Badawi has said. The government intends to increase production at Zohr by drilling new wells starting in the first quarter of 2025, the ministry said in a statement. Average production from the field remained at two […]

Founded in 2012, Odeabank is Turkey’s 13th largest private bank by total gross loans and customer deposits

ADQ buys 96% of Bank Audi’s Turkish unit

The Abu Dhabi sovereign wealth fund ADQ has signed an agreement to acquire 96 percent of Lebanon-based Bank Audi’s Turkish subsidiary, Odeabank. The transaction is subject to regulatory approvals, including from Turkey’s banking regulation and supervision authority and the competition authority. As part of the deal, Bank Audi and other investors such as the International Finance […]