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الاقتصادية

2026-09-22T14:22:41.825Z

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Saudi stocks tick up 0.11 percent

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23 Hrs2026-09-22T07:41:59.968Z
Saudi stocks tick up 0.11 percent
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Saudi SAR and Alstom to boost North Train efficiency

Saudi SAR and Alstom to boost North Train efficiency

Saudi Railways "SAR" signed a contract worth 22 million euros with the French company Alstom for five years to support the operations of the North Line freight train on the North-South corridor. This corridor is one of the most important freight routes in the Kingdom, transporting approximately 13.5 million tons annually. The agreement will focus on providing advanced maintenance services for the vital train systems, aiming to enhance reliability and service performance through system upgrades and the development of digital maintenance tools. It will also promote local expertise through training programs and knowledge transfer. The collaboration seeks to increase fleet readiness, reduce downtime, and support the growth of the Saudi logistics sector in line with Vision 2030.

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