Saudi Railways signs financing deal to buy 10 new Stadler trains
Saudi Railway Company inks financing agreement with Swiss banks and Stadler to acquire 10 modern passenger trains as part of fleet expansion plans.
The Saudi Railway Company has secured financing from Swiss banks and Stadler to purchase ten new passenger trains, as part of its strategy to expand its fleet and improve service quality. The financing agreement, signed in Berlin during SAR's attendance at the InnoTrans 2026 international transport technology exhibition, was facilitated by Swiss Export Risk Insurance (SERV), KfW IPEX-Bank, Commerzbank, and UBS Switzerland.
This move aligns with SAR's broader objectives to boost passenger train capacity, enhance operational efficiency, and support the railway sector's contribution to economic development, in line with Saudi Vision 2030.
Written by urgent.news from Ajel English's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
