Move to get private sector on board for Jeddah transport projects

This file photo shows Saudi Ministry of Transport Pavilion at GITEX-Dubai 2016. (SPA)
Updated 18 September 2017

Move to get private sector on board for Jeddah transport projects

JEDDAH: A consulting company is being appointed to study private sector involvement in three public transport projects in the Jeddah area.
King Salman approved the contract, which will be formed with the public transport operator.
It centers on three projects: The Jeddah Corniche Tram, a sea taxi service and the Obhor Bridge.
The possible involvement of the private sector in some public transport projects is in line with aims of the Saudi Vision 2030 reform plan.
The planned sea taxi project will have 20 stations and a capacity estimated at 29,000 passengers per hour.


Saudi Arabia among top 10 in UN’s e-commerce index

Updated 09 December 2019

Saudi Arabia among top 10 in UN’s e-commerce index

  • The index ranked the Kingdom 49th in the global ranking

RIYADH: The UN e-commerce index ranked Saudi Arabia among the top 10 countries in the e-commerce sector. 

The index, issued by the UN Conference on Trade and Development, ranked the Kingdom 49th in the global ranking, rising three places in the general index.

The report indicated that the improvement achieved by the Kingdom came from two criteria: The proportion of Internet use — which has risen to 93 percent — and the rising postal reliability standard.

Saudi Minister of Communications and Information Technology Abdullah bin Amer Al-Sawaha said that this achievement came as a result of unlimited support from the leadership.

He added that the ministry works with partners to develop the Kingdom’s digital capabilities to invest in the growth of future projects in order to achieve the Kingdom’s Vision 2030 reform plans.