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- Oman's economy grows 2% in Q3 as bank credit expands
- Fitch reaffirms Saudi Arabia at A+ on fiscal, external strength
- UAE firms step up sustainability investment, outpace global peers: HSBC
- Mashreq launches fully digital home loan pre-approval for UAE buyers
- France eyes win-win partnerships with Kuwait as bilateral ties grow
- QSE sees advent of Qatar's first sustainability-compliant banking bond
- Real estate activity hits QR1.99bn across 456 deals in December
- European stocks open higher
- Geopolitical concerns drag QSE down 143 points; M-cap erodes QR7.66bn
- Continued strength and stability of the Omani economy: IMF
02/05/2014 06:25 AST
Saudi Public Transport Co ( Saptco ) said on Thursday that its alliance with France's RATP Dev has jointly secured a 7.855 billion Saudi riyal ($2.09 billion) contract to operate and maintain buses in the kingdom's capital Riyadh.
The 10-year deal will be linked to the city's railway project - known as the King Abdulaziz Project for Public Transport - and will handle the procurement, operation and maintenance of the buses, Saptco said in a statement.
Saptco had previously said that it has teamed up with France's Regie Autonome des Transports Parisiens (RATP) to bid for public transport projects in Saudi.
The Saudi government had awarded $22.5 billion in contracts to three foreign-led consortia in July last year for the design and construction of the first metro rail system in Riyadh.
(Reporting by Reem Shamseddine and Marwa Rashad; Writing by Praveen Menon; Editing by David Goodman)
Reuters
23/05/2017
Public Transport Company (PTC), the joint venture between RATP Dev and Saptco, has signed major agreements with Mercedes-Benz and MAN to acquire around 1,000 buses for the future Riyadh bus network.
Trade Arabia
19/01/2014
Further to the announcement published on Tadawul's website on 19-01-2014 related to the interim financial results for the period ending on 31-12-2013 (twelve months) where the announcement mention th
Tadawul
16/04/2013
Saudi Public Transport Co. (SAPTCO) announces the interim financial results for the period ended March 31, 2013(Three Months ) as follows:
1. The net profit for the quarter ended March 3
Tadawul
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16/01/2026
Mashreq has launched an instant, fully digital home loan pre-approval service aimed at speeding up and simplifying the mortgage process for homebuyers in the UAE. The new offering allows eligible exp
Gulfnews
16/01/2026
The National Shipping Company of Saudi Arabia (Bahri) and the Saudi Iron & Steel Company (Hadeed) have signed a Letter of Intent (LOI) to explore potential cooperation in maritime transport to meet H
Trade Arabia
16/01/2026
IHC, a global investment company focused on building dynamic value networks, has announced a strategic framework with the US International Development Finance Corporation (DFC) to mobilise transforma
Trade Arabia
16/01/2026
stc group enabled a seamless digital experience for more than 12 million Riyadh Season visitors through smart networks, high-speed connectivity, and real-time performance monitoring
Advanc
Saudi Gazette
15/01/2026
Qatar Islamic Bank (QIB) reported a net profit of QR4.83bn in the fiscal year ended December 31, 2025, registering a 5% year-on-year (y-o-y) increase from QR4.60bn.
Basic earnings per share
Gulf Times
Financial Information Co.
Saudi Arabia