High-speed rail takes minister on first Madinah-Makkah journey

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Saudi Transport Minister Nabeel Al-Amoudi and Spanish Ambassador Alvaro Iranzo sit in the Haramain high-speed train that links the holy cities of Makkah and Madinah on Sunday. (SPA)
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Updated 01 January 2018
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High-speed rail takes minister on first Madinah-Makkah journey

RIYADH: Dr. Nabil Al-Amoudi, minister of transport and chairman of Saudi Railway Organization and Saudi Railways Company (SAR), on Sunday took the first 450km full journey of the high-speed Haramain train.
The non-stop journey went from Madinah station to Makkah station to examine the readiness of the project before commercial operation of the service.
The head of the public transport authority, President-designate of the Saudi Railway Organization Dr. Rumaih Al-Rumaih, Spanish Ambassador Alvaro Iranzo, the chief executive of SAR, Dr. Bashar Al-Malik, and several national leaders working on the project, in addition to experts from the consortium entrusted with the operation of the Holy Mosques high-speed rail, also went on the journey.
Al-Amoudi said that this project is of strategic importance and has attracted global attention, as it is one of the mega public transportation projects linking the two Holy Mosques of Makkah and Madinah.
“In addition to the great benefit of transporting Umrah and Hajj pilgrims and visitors, the project facilitates transportation of citizens and residents in the Kingdom via the Holy Mosques high-speed rail through five stations and at high speed throughout the year,” he added.
Al-Rumaih confirmed that the pilot service journeys for Holy Mosques high-speed rail would start in the coming months.
He also explained that during these pilot service journeys, some passengers would be invited to try the service.
“These journeys will increase gradually until the full commercial operation,” he said, noting that “work is underway to determine the ticket prices to be appropriate and reflect the size of service provided in this project.”
Al-Rumaih added: “The consortium charged with the implementation of the project will run it for the next 12 years.”


Finance officials meet to map out Saudi Arabia’s budget plans

Updated 19 April 2019
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Finance officials meet to map out Saudi Arabia’s budget plans

  • Finance representatives of 150 government bodies meet for the Budget Forum 2020

RIYADH: Saudi finance chiefs have kicked off a major conference in the capital aimed at mapping out the Kingdom’s budget requirements.
Around 300 specialists representing 150 government bodies met at the InterContinental hotel in Riyadh for the Budget Forum 2020.
Minister of Finance Mohammed Al-Jadaan welcomed delegates to the second edition of the gathering organized by the Saudi Finance Ministry under the slogan “Partnership and Empowerment.”
Al-Jadaan said the ministry was focused on “partnership and commitment,” and sought to share the challenge of developing an effective budget to achieve the Kingdom’s ambitious goals.
“We are also committed to empowering financial leaderships to learn about the ministry’s programs and projects and provide training and qualification opportunities to the best international standards,” he added.
The finance chief said the budget planning process required the collaboration of multiple authorities and a clear strategy based on transparency. 
Items up for discussion at the forum included financial planning in governmental bodies, automation, and the promotion of revenues and efficient spending.
Finance Ministry steering committee chairman, Abdul Aziz bin Saleh Al-Freih, stressed the importance of the forum in getting the ball rolling at an early stage on formulating a general state budget.
Workshops were held on the sidelines of the conference focused on empowering government organizations, and a training program on financial planning and income estimations was also staged.