Aircraft engine maker Rolls-Royce has announced two new contracts worth US$2.2bn with Saudi Arabian carrier Saudia for the provision of Trent 700 engines
Logistics
Haramain rail network given electrical connectivity
Saudi Arabia?s Haramain High-Speed Railway network has been given power connectivity through overhead electrical lines, following which a train has also been tested on the line
Volvo Trucks? five new features for enhanced productivity
Volvo Trucks has launched new features in their trucks, including the Volvo Dynamic Steering for dual front axles as well as increased front axle loads, for better mobility during construction-related activities
Tunnelling work begins on Riyadh Metro project
Tunneling has begun on Line 1 of Riyadh Metro, touted to be the country?s first underground rail system and one of the largest in the world
Middle East freight and passenger traffic growth favourable
The International Air Transport Association (IATA)?s global passenger traffic and freight traffic reports have revealed that the Middle East market has fared well, compared to other markets