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TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

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ADNOC Drilling secures $1.15bn contract

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SAR passenger numbers rise

The cargo transported by the railway company’s freight trains also recorded a 24 percent increase.
By TRENDS Desk
August 10, 2022 2:07 pm
  • The company said that the freight service also contributed to the removal of more than 871,000 trucks from the roads
  • Saudi Railways CEO said results are reflective of the high-quality service and emergence of Saudi railways as a reliable transportation option

More than 2.3 million passengers used Saudi Railways during the first half of 2022, a 121-percent increase as compared to the same period last year.

The cargo transported by the railway company’s freight trains also recorded a 24 percent increase as compared to the first half of the previous year to reach more than 6.7 million tons, the company said in a statement on Tuesday.

The freight service also contributed to the removal of more than 871,000 trucks from the roads.

Bashar Al-Malik, the CEO of the company, said the first half results are reflective of the high-quality service and emergence of Saudi railways as a reliable transportation option.

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