Moody’s upgrades Saudi Arabia’s rating on economic diversification
Global credit ratings agency Moody’s upgraded Saudi Arabia’s rating to “Aa3” from “A1” on Friday, citing the country’s efforts to diversify beyond its oil economy. The world’s leading oil exporter is investing billions of dollars to achieve its Vision 2030 plan, which focuses on reducing its reliance on oil and spending more on infrastructure to […]
Riyadh Metro to kick off first phase on Nov 27, includes 3 lines
On November 27, Saudi Arabia will mark a significant milestone in its urban transformation with the launch of the first phase of the Riyadh Metro. The metro features six routes in total, spanning 176km and 84 stations. The first phase will see operations kick off on its first three lines, with the remaining expected to […]
Riyadh Metro: 5 ways it will boost transport in Saudi’s biggest city
On November 27, 2024, Riyadh will witness a significant milestone with the inauguration of the first phase of its metro system. This initial launch will see three of the six planned lines become operational, connecting key areas such as Al Orouba to Batha, King Khalid International Airport Road, and the intersection of Abdulrahman Bin Auf […]