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Global currencies’ exchange rate do vary from time to time due to various economic indicators. Saudi Arabia Riyal (SAR) is not an exception to these indicators. SAR is pegged to the US dollar at a constant exchange rate. In 2003, SAR was officially pegged to the US dollar at the…
The idea of ​​establishing a railway in the Saudi Kingdom was launched in the mid-1940s when the need arose at that time to establish a commercial port on the Gulf coast to transport imported goods on their way to the warehouses of the Arabian American Oil Company (Aramco).  The…
A couple of days ago, Saudi Railways Company “SAR” won the International Safety Award for the year 2020 for the second time in a row, presented by the British Safety Council. The Board granted the award to “SAR” for its application of the highest standards and strategies of safety in…