17 Hrs
Source:
الاقتصادية
Sa'ar Saudi Arabia funds 10 new trains
Saudi Railways (SAR) has signed a financing agreement to purchase 10 new passenger trains from the Swiss company Stadler. The goal is to meet the growing demand for transportation services and increase seating capacity. The deal includes funding from the SERV agency, as well as KFW IPEX Bank, Commerzbank, and UBS Switzerland. This initiative is part of SAR’s plan to upgrade its fleet and enhance service quality. The signing coincided with the InnoTrans 2026 exhibition in Berlin. The new trains, each composed of 5 carriages and capable of seating 302 passengers, feature modern specifications designed to improve the passenger experience and support national strategies for sustainable transportation and economic development, aligned with Saudi Vision 2030.
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