ExchangeDEX+
Buy CryptoMarketsSpotFuturesGOLDEarnEvent Center
More
Commodity Zero-Fee Gala
Saudi Arabia Railways has ordered 20 high-speed trains from Spain’s Talgo for a rail line connecting the cities of Mecca, Medina and Jeddah. The is worth €1.33 Saudi Arabia Railways has ordered 20 high-speed trains from Spain’s Talgo for a rail line connecting the cities of Mecca, Medina and Jeddah. The is worth €1.33

Riyadh to buy 20 high-speed trains from Spain’s Talgo

Author: Agbi
Source: Agbi
2026/02/09 15:54
2 min read
Ucan fix life in1day
1$0.0004564+0.06%
Railgun
RAIL$1.361-2.85%

Saudi Arabia Railways has ordered 20 high-speed trains from Spain’s Talgo for a rail line connecting the cities of Mecca, Medina and Jeddah.

The is worth €1.33 billion ($1.6 billion), Talgo said in a statement.

The new trains will join the 35 already supplied by the company in 2018.

Each train consists of two power cars (locomotives) and 13 coaches, with a total of 417 seats in two classes.

The acquisition is part of the kingdom’s plans to continue expanding its passenger services to meet growing demand. 

Meanwhile, the operation and maintenance contract for phase II of the 450km Haramain High-Speed Railway project with a Spanish consortium, which includes Talgo, has been extended, the statement said.

Talgo will be responsible for maintaining all trains that make up the expanded fleet until 2033, with the possibility of extending the deal until 2038. 

Further reading:

  • Billion-dollar fund created for real estate by Mecca train line
  • Saudi railway network to reach 8,000km, says minister
  • High-speed rail to connect Riyadh to Doha in two hours

The company operates two maintenance facilities in Saudi Arabia, employing more than 270 people, the company said.

In October Saudi Arabia Railways (SAR) announced plans to establish a SAR6 billion ($1.6 billion) real estate fund to develop a mixed-use project based on the transit-orientated development model in Mecca.

Saleh Al Jasser, minister of transport and SAR chairman, said in November 2024 that the kingdom is looking to expand its railway network by around 45 percent to over 8,000kms.

The programme is expected to generate investment opportunities worth SAR15 billion ($4 billion) by 2030, increase domestic goods, services and production in SAR’s operations to 60 percent by 2025, and create more than 3,000 jobs. 

Market Opportunity
Ucan fix life in1day Logo
Ucan fix life in1day Price(1)
$0.0004564
$0.0004564$0.0004564
-8.81%
USD
Ucan fix life in1day (1) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Husky Inu (HINU) Completes Move To $0.00020688

Husky Inu (HINU) Completes Move To $0.00020688

Husky Inu (HINU) has completed its latest price jump, rising from $0.00020628 to $0.00020688. The price jump is part of the project’s pre-launch phase, which began on April 1, 2025.
Share
Cryptodaily2025/09/18 01:10
XAU/USD stalls at $5,000 with the bullish trend in play

XAU/USD stalls at $5,000 with the bullish trend in play

The post XAU/USD stalls at $5,000 with the bullish trend in play appeared on BitcoinEthereumNews.com. Gold (XAU/USD) appreciates for the second consecutive month
Share
BitcoinEthereumNews2026/02/09 21:43
SOL Rockets 30%, ADA Holds $0.90, BlockDAG Dominates With $407M Presale

SOL Rockets 30%, ADA Holds $0.90, BlockDAG Dominates With $407M Presale

The post SOL Rockets 30%, ADA Holds $0.90, BlockDAG Dominates With $407M Presale appeared on BitcoinEthereumNews.com. The recent Solana (SOL) price surge has impressed traders, but questions remain about whether it can hold support after such a sharp climb. Meanwhile, the Cardano (ADA) market trend shows steady growth, yet its gains feel slower compared to rivals, leaving many wondering if ADA can really break past resistance. So where should investors look when both face their own hurdles? That’s where BlockDAG comes in. While others rely on speculation, BlockDAG is showing proof that rewards are already flowing. Social platforms are filled with photos and unboxing clips of the X10 miner, with users setting up devices and sharing payouts. This isn’t just talk; it’s miners at home already getting paid. For anyone searching for the best crypto to invest in now, BlockDAG stands out by combining real hardware delivery with immediate earning potential. BlockDAG: Proof in the Boxes, Proof in the Rewards BlockDAG’s biggest flex right now isn’t just numbers on a dashboard; it’s the boxes arriving at people’s doors. Across social media, users are posting photos, clips, and setup videos of the X10 miner. You can see them unboxing, plugging in, and instantly starting to mine BDAG. That kind of visibility shows BlockDAG isn’t selling hype; it’s already putting real mining gear into the hands of its backers. The community is not waiting for mainnet to find out if this works; they’re already mining and sharing payouts from home. While other coins are still tied up in speculation, here you’ve got thousands of miners being delivered worldwide. That’s why people are calling it the best crypto to invest in now, because it’s showing action, not just promises. The presale itself is backing up the momentum. BlockDAG has already raised over $407 million, with $40 million pouring in just last month. More than 312,000 holders are locked in,…
Share
BitcoinEthereumNews2025/09/18 08:52