11 June 2024

Systra to update studies for Mecca Metro

Middle East & Africa

Saudi Arabia has restarted the feasibility study for the $8 billion first phase of the Mecca Metro, according to MEED sources familiar with the matter.The scheme’s ownership has been transferred from Mecca Mass Rail Transit Company (MMRTC) and the National Centre for Privatisation (NCP) to the...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading


Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like

14 June 2024

ChemOne: Navigating a difficult path to financial close

ChemOne is approaching financial close for its flagship Malaysia petrochemicals facility after enduring years of pandemic-related strictures. Its journey has taken in a few...

20 June 2024

Brightline keeps on track

Brightline's recapitalisation has involved raising debt for refinancing at the opco, parentco and holdco levels. Complex? Yes. Does it work? Investors seem convinced. Is it...