Saudi Arabia, Qatar sign agreement for high-speed electric rail link – Middle East Monitor

Saudi Arabia and Qatar and introduced a landmark settlement on Monday to construct a high-speed electrical rail hyperlink connecting Riyadh and Doha, Anadolu stories.

The announcement got here throughout a gathering of the Qatari-Saudi Coordination Council in Riyadh attended by Qatar’s Emir Tamim bin Hamad Al Thani and Saudi Crown Prince Mohammed bin Salman.

In a joint assertion revealed by the official Saudi information company SPA, each side praised the energy of their financial ties and famous a pointy rise in bilateral commerce, which reached $930.3 million in 2024, marking a 634% development in comparison with 2021 (excluding re-exported items).

The 2 nations pressured the significance of increasing and diversifying commerce flows, eradicating obstacles to business motion, and capitalizing on priority-sector alternatives beneath Saudi Imaginative and prescient 2030 and Qatar Nationwide Imaginative and prescient 2030.

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Based on SPA, each side reaffirmed their dedication to strengthening protection cooperation to assist regional and worldwide stability.

The central announcement of the go to was the signing of the high-speed electrical rail hyperlink settlement, connecting Riyadh and Doha through Dammam and Al-Hofuf.

The 2 sides described the venture as a serious strategic initiative, aligned with nationwide visions of 2030 and meant to facilitate tourism, commerce, and mobility between the 2 peoples.

In addition they welcomed a number of different agreements and memoranda of understanding signed in the course of the go to in rail transport, funding facilitation, meals safety, media cooperation and the non-profit sector.

After the assembly, the Qatari emir left Saudi Arabia, concluding a couple of hours’ go to to the dominion.

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