G20 holds infratech meeting under Saudi presidency
Updated 11 June 2020
Arab News
RIYADH: A G20 taskforce on Wednesday held a virtual meeting under the international forum’s Saudi 2020 presidency to discuss infrastructure technology (infratech).
The group also discussed a draft report by the G20 and the Organisation for Economic Co-operation and Development on collaboration with institutional investors and asset managers.
The report will be presented at the next Finance Ministers and Central Bank Governors meeting in July.
Rakan bin Dohaish, head of the Saudi IWG, said it aims to cooperate with partners and private sector investors to close infrastructure financing gaps.
“Over 100 investors with more than $20 trillion of assets under management across a wide geographical coverage have participated in the G20 collaboration with the private sector and delivered input and feedback for the report, which reflects an extensive outreach effort and a high level of investor interest,” he added.
Saudi Arabia Railways breaks records in 2025: 14 million passengers and 30 million tonnes of freight
Transporting 30 million tons of freight via rail in 2025 meant 2 million truck journeys removed from Kingdom’s highways and 139 million liters of fuel saved
It also meant a reduction of carbon emissions by 364,000 tons, contributing directly to the Saudi Green Initiative
Updated 15 min 13 sec ago
Arab News
RIYADH: Saudi Arabia Railways (SAR) has announced record-breaking operational milestones for the year 2025, solidifying its position as a cornerstone of the Kingdom’s logistics and tourism sectors.
SAR transported over 14 million passengers, representing a significant leap from the 11.2 million passengers recorded in 2023, highlighting the increasing adoption of rail travel for both commuting and pilgrimage, the Saudi Press Agency reported.
Similarly, freight operations have expanded robustly from approximately 24 million tonnes in 2023 to the current 30 million tonnes, driven by increased industrial demand and mining logistics.
By transporting 30 million tonnes of freight via rail in 2025, the network successfully removed two million truck journeys from the Kingdom’s highways, resulting in 139 million liters of fuel saved.
It also meant a reduction of carbon emissions by 364,000 tonnes, contributing directly to the Saudi Green Initiative, the report said.
These figures underscore SAR’s pivotal role in realizing the National Transport and Logistics Strategy (NTLS) and Saudi Vision 2030, delivering a network that is not only efficient but also environmentally sustainable.
“Dream of the Desert”
A standout achievement of 2025 was the official launch of the Dream of the Desert, the first luxury train service in the Middle East and North Africa.
Minister of Transport and Logistic Services and SAR Chairman Saleh Al-Jasser unveiled the first “Dream of the Desert” carriage last October as one of the FII9 highlights. (SPA file photo)
Developed in partnership with the Italian luxury hospitality company Arsenale Group, this service has redefined rail tourism. The train features 40 custom-designed luxury cabins, offering a “rail cruise” experience inspired by the classic Orient Express but with a distinct Saudi Arabian identity. The route traverses the Kingdom from Riyadh to Al Qurayyat, stopping at key cultural heritage sites including Ha’il and Al-Jouf, effectively turning the journey itself into a destination.
In a major move to capitalize on Transit-Oriented Development (TOD), SAR announced the establishment of a SAR6 billion real estate fund focused on Makkah.
This fund is dedicated to developing prime lands adjacent to the Haramain High Speed Railway station in Makkah. The initiative aims to enhance the pilgrim experience by constructing high-capacity hotels, commercial centers, and residential units directly linked to the station. This development not only diversifies SAR’s revenue streams but also supports the government’s goal of hosting 30 million Umrah pilgrims annually by seamlessly integrating transport and accommodation.
Global Recognition
Internationally, SAR’s commitment to excellence was recognized on the global stage. SAR became the first company to win the prestigious International Union of Railways (UIC) award for long-distance tourist trains.
The ceremony was held at the union’s headquarters in Paris, France, with broad participation from major railway companies worldwide.
The UIC, known as the worldwide railway organization, presented the award in recognition of SAR’s innovation in integrating luxury tourism with heavy rail infrastructure.
This accolade cements SAR’s reputation for service quality and places the Kingdom on the map as a premier destination for railway enthusiasts and luxury travelers alike.