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2026-09-23T08:12:08.410Z

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Trump's speech tests power and dealmaking

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Saar Signs 30-Year Rail Pact

Saar Signs 30-Year Rail Pact

The Saudi Railways "SAR" has signed three contracts to support freight transportation and expand its fleet of freight trains as part of the Northern Line Expansion Project "Phosphate 3." The contracts include an agreement with Alstom valued at 22 million euros for maintenance services over five years, focusing on improving the performance of vital systems, managing speed, and developing local capabilities through training programs. Additionally, a contract was signed with Greenbrier to manufacture and supply more than 780 railcars, and an agreement with Progress Rail to purchase 33 new locomotives. These initiatives aim to enhance phosphate transportation, which currently amounts to approximately 13.5 million tons annually, connecting mining sites to export facilities and supporting Saudi Arabia’s industrial and logistics sectors.

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