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'rail link'
Saudi Arabia, Qatar sign agreement for high-speed electric rail link
SUMMARY
Saudi Arabia and Qatar have signed an agreement to build a high-speed electric rail link between Riyadh and Doha. This was announced during a meeting of the Qatari-Saudi Coordination Council in Riyadh, attended by Qatar’s Emir and Saudi Crown Prince.
The rail link aims to enhance trade, tourism, and mobility, reflecting both countries' 2030 development visions. Bilateral trade has significantly increased, reaching $930.3 million in 2024, a 634% rise since 2021.
The agreement is part of a broader strategy to diversify trade and strengthen economic ties. Other agreements were also signed covering areas such as transportation, investment, and food security.
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