The Saudi Railway Company (SAR) has completed the construction of a 1,392-km-long railway line from Northern Border Province to Ras Al-Zour Seaport on the Gulf.
SAR completes part of Saudi railway line
Logistics
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A Saudi-Spanish consortium has emerged as a frontrunner among bidders to win an US$8 billion contract to build a high-speed rail network linking Makkah, Jeddah and Madinah.
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Topaz Energy and Marine recently signed long-term vessel support contracts with various clients totaling US$160mn.
GE Lighting opens distribution centre in Middle East
GE Lighting opens its first full-fledged distribution centre in the Middle East in Jebel Ali Free Zone, Dubai recently.
Etihad Rail awards sleeper contract to PCM Strescon
Etihad Rail awarded Indian-based PCM Strescon Overseas Ventures Limited (PCM Strescon) the contract for the provision of railway sleepers.
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