Saudi Arabia Signs Contracts in Transport with French Groups Alstom and CMA CGM
4 Articles
4 Articles
Saudi Arabia has concluded major agreements with the French companies Alstom and CMA CGM for the development of its port and rail infrastructure.
The first provides for the creation of a new terminal at the port of Djedda on the Red Sea, while the second is dedicated to the provision of additional trains for the metro lines of the Saudi capital.
The petromonarchy intends to strengthen its position as a global "hub" of trade and logistics by relying on tricolored know-how.
Paris (France), 24 August 2026 (AFP) – On Monday, on the occasion of a visit to Paris by Crown Prince Mohammed bin Salmane, Saudi Arabia signed contracts in the field of public and maritime transport with the French groups Alstom and CMA CGM, for a total amount of almost one billion euros, announced the Elysée. [...] The article L-Saudi Arabia signs contracts in the transports with two French groups appeared first on MARINE & OCÉANS.
Coverage Details
Bias Distribution
- 34% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
