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Saudi transport plans in focus as Talgo deal scrappedSpanish trainmaker Talgo said Saudi Arabia has cancelled a contract for six high-speed trains, suggesting the Gulf state is scaling back some infrastructure projects in a climate of low oil prices. Talgo had won the $201 million c More… |
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Saudi cancels $201m train deal with TalgoTalgo said on Wednesday that Saudi Arabia had cancelled a $201 million contract for six high-speed trains it awarded to the Spanish train maker in February. The company gave no reason for the cancellation and said it would not mat More… |
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Alstom, Talgo bid for Saudi railway dealFrance's Alstom and its national railway operator SNCF along with Spanish firm Talgo are among the bidders for a 450 kilometre railway in Saudi Arabia, the Saudi Railways Organization (SRO) said on Saturday. 'SRO has announced that More… |
