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Saudi Round-Up: Riyadh Metro Transforms Urban Mobility
This week's roundup features updates from Riyadh's newly launched metro, the official bid for FIFA 2034 World Cup and more.
Our Saudi Round-Up captures the Kingdom's significant economic milestones this week, from the announcement of the 2025 budget to record-breaking FDI figures and major industrial partnerships. The news reflects Saudi Arabia's robust economic planning, with developments spanning sports tourism, real estate innovation, and technological advancement, showing continued progress in economic diversification.
General Business and Economy
Riyadh Metro Welcomes Passengers as First Phase Launches
On Sunday, the Riyadh Metro welcomed its first passengers in the inaugural launch that included the commencement of three lines, marking a key milestone in the country’s economic transformation plan, Vision 2030.
As part of the initial launch phase, Line 1, the Al Olaya-Al Batha route (Blue Line), alongside Line 4, King Khalid International Airport Road (Yellow Line), and Line 6, stretching across Abdulrahman bin Auf Road and Sheikh Hassan bin Hussein bin Ali Road (Purple Line), all went into effect.
S&P Forecasts 4.7% Saudi GDP Growth for 2025
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