Saudi Railways-SRO merger to complete in Q1-19 – Minister

Riyadh – Mubasher: The merger of state-owned Saudi Railways Organization (SRO) and Saudi Railways Company (SAR) is expected to be completed by the end of the first quarter of 2019, transport minister Nabil Al-Amoudi said on Tuesday.

The kingdom is currently adjusting partnership contracts with the private sector to develop ports, Al-Amoudi added in an interview with CNBC Arabia.

Al-Amoudi further noted that the ministry is holding discussions about airports privatisation.

Mubasher Contribution Time: 27-Nov-2018 09:48 (GMT)
Mubasher Last Update Time: 27-Nov-2018 09:55 (GMT)