The Russian Direct Investment Fund (RDIF), Russian Railways and the Saudi Railway Company have inked a joint agreement for the expansion of Saudi Arabia’s railway network. The agreement was sealed as part of a visit to Riyadh by Russian President Vladimir Putin on Monday. It “aims to jointly expand the SAR (Saudi Railway Company) network and projects related to the ‘Vision 2030’ program, as well as the supply of components for SAR,” according to an RDIF press release. The two sides will consider the “potential supply of Russian systems to strengthen safety, as well as fostering transfer of knowledge from Russian railways to Saudi Railw
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