Saudi Arabia to raise $36b for transportation investment

Saudi Arabia plans to raise 135 billion riyals ($36 billion, Dh132.1 billion) for transportation-infrastructure projects over the next 11 years, as part of a sweeping plan to overhaul the economy of the world’s top oil-exporting nation, Transport Minister Nabeel Al Amudi said. The transport investments, funded by a mix of government and private spending, would […]