Stadler wins SAR order for 10 more intercity trains, deal tops CHF 300 million

Bitget2026/10/09 08:14

Saudi Arabia Railways exercised a 2024 contract option to order 10 additional intercity trains from Stadler Rail. Order lifts the bespoke desert-train fleet to 20 units; contract volume exceeds CHF 300 million. Maintenance agreement extended to cover the additional trains; production largely in Switzerland with car bodies from Valencia. Commercial passenger service expected to start in H2 2029 on SAR’s East-West line linking Riyadh with Dammam. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Stadler Rail AG published the original content used to generate this news brief on October 09, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

UK funds significantly reduced their holdings in SpaceX last week and had fully exited Tesla as of April.

格隆汇•2026/11/09 05:55

Swiss Franc weakens as Fed hawkish outlook lifts USD/CHF

FXStreet•2026/11/09 05:45

Sun Machinery CEO Park Kyung-hee Raises Stake to 8.40% From 8.31%

Bitget•2026/11/09 05:37

The central bank has increased its gold reserves for 24 consecutive months, with October’s increase hitting a record high for the period.

新浪财经•2026/11/09 05:37