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- CBB Long Term Ijara Murabaha Sukuk Issue No.2 oversubscribed by 140%
- Arla Foods supports 160 of its Bahraini employees through Tamkeen
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- Riyadh Metro hits 100m rider milestone in nine months
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27/08/2025 05:34 AST
The Riyadh Metro, overseen by the Royal Commission for Riyadh City (RCRC), officially welcomed its 100 millionth passenger, less than nine months after the launch of the network in early December 2024.
According to RCRC, the Riyadh Metro's Blue Line, which runs along the Olaya-Batha axis, has seen the highest ridership, with around 46.5 million passengers to date followed by the Red Line along King Abdullah Road with 17 million riders.
The Orange Line on Al Madinah Al Munawwarah road recorded a total of 12 million riders, while the remaining three lines have collectively served around 24.5 million passengers, it stated.
RCRC said that since operations began, the metro has maintained a 99.78% on-time performance rate.
Some of the network's busiest stations included Qasr Al Hokm, KAFD, stc, and the National Museum interchange stations, collectively accounting for over 29% of total ridership.
The Riyadh Metro is seamlessly integrated with an extensive bus network, including on-demand bus services and public transport parking facilities, offering a smooth and accessible journey for commuters from the moment they leave their homes to their final destinations, said the RCRC in its statement.
The integrated system enhances mobility within the capital and provides diverse options for both residents and visitors alike, further reinforcing the role of public transport as a modern, urban, and sustainable choice, it added.
Trade Arabia
| Ticker | Price | Volume |
|---|
27/08/2025
The Central Bank of Bahrain (CBB) announces that the second issue of Long Term Ijara Murabaha Sukuk has been oversubscribed by 140%.
The size of the issuance is BD 200 million for a maturity
BNA
27/08/2025
Arla foods have benefited from the Enterprise Training Support Program offered by the Labour Fund (Tamkeen), contributing to the career growth of 160 of its Bahraini employees. This initiative aligns
BNA
27/08/2025
Lunate, an Abu Dhabi-based global alternative investment manager with $110 billion in assets under management (AUM), and Brevan Howard, one of the world's most successful hedge fund managers with AUM
Trade Arabia
27/08/2025
Oman is looking for a 'reset' of its Golden Visa programme, with the Gulf state now offering more property investment options for foreign investors than was the case before.
It also comes at
Gulfnews
27/08/2025
Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef held on Tuesday a series of meetings with leaders of major American industrial and mining companies during his official visit to the
Asharq Al Awsat
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