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Business
Riyadh Metro to add 94 trains in SR5.5 billion expansion, boosting capacity by 60%
Riyadh Metro will add 94 Siemens and Alstom trains under SR5.5 billion contracts, expanding its fleet to 277 and increasing passenger capacity by 60% ahead of Expo 2030.
Business
IMF raises Saudi Arabia's growth forecast to 7.9% in 2027
The International Monetary Fund (IMF) has raised its forecast for Saudi Arabia's economic growth in 2027 to 7.9 percent, up from its previous projection of 5.5 percent issued last July, marking an increase of 2.4 percentage points, according to its October 2026 World Economic Outlook report.
Business
Aramco to launch up to seven gas facilities by 2027, targets 80% sales growth by 2030
Saudi Aramco plans to launch six to seven gas and liquefied gas facilities between 2025 and 2027 as it targets an 80% increase in gas sales by 2030.