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Saudi gives early nod to four consortia for Riyadh metro

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Saudi Arabia gave an early nod to four consortia on Monday, including ones led by Canada's Bombardier Inc. (BBDb.TO) and French firm Vinci (SGEF.PA), to build a new metro system in Riyadh to ease congestion on the capital's gridlocked streets.

Riyadh's metro progress looks promising

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Riyadh authorities have shortlisted 38 groups as qualified initial bidders for a a metro project that will link major parts of the capital city, according to Bloomberg.

Saudi Arabia/Transport: Saudi Arabia to start new Riyadh metro project

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Saudi Arabia on Tuesday launched a tender process to build a new metro system in the capital o fRiyadhin an effort to ease congestion on the city’s gridlocked roads.

Tunnelling: Contractors see increase in work

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Rail schemes are the main reason for the surge in regional tunnelling activity, but water and road projects are also keeping firms busy.

Saudi Binladin Group wins Mecca rail contract, Eqtisadiah says

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The Saudi Binladin Group won a contract to build a rail line linking the Haramain train route with a metro in Mecca

GCC countries to spend over $100bn on rail networks

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Governments in the GCC have instigated plans for multi-billion dollar transport and networking projects that will help further the region's clout as a magnet for international logistics and engineering service providers. The countries of the GCC are set to spend over $100bn on setting up modern rail networks connecting all countries of the Arabian Peninsula.