Companies
Saudi Arabia Railways (SAR)
Saudi Arabia · Rail & transport · State-owned · Founded 2006
Saudi Arabia Railways appears in the Public Investment Fund's portfolio as the Saudi Railway Company, a PIF rail transport portfolio company established in 2006; the page traces Saudi rail work back to 1947 and the opening of the Riyadh–Dammam line to 1951, and states no ownership percentage. A Saudi Press Agency report carried by Al Riyadh Daily on 6 February 2026 says SAR transported over 14 million passengers and 30 million tons of freight in 2025. An Argaam report of 20 January 2026 names Bashar Al-Malik as chief executive and says SAR plans to privatise viable activities and list subsidiaries.
Audited financial statements: INXEN has not verified a published source for this entity as of 23 October 2026.
Verified · updated 25 Oct 2026
Key facts
over 14 million
Rail passengers (annual, as stated)
Al Riyadh Daily (SPA report) — SAR 2025 passengers and freight (6 Feb 2026)· Tier 2 · reputable press·2025·source dated 6 Feb 2026·updated 25 Oct 2026·About this indicator
Ownership and relationships
- portfolio company of:Public Investment FundPublic Investment Fund — portfolio page, Saudi Railway Company (SAR) · read on 23 Oct 2026 ↗
- Chief Executive Officer:Bashar Al-MalikArgaam · Tier 2 · reputable press · source dated 20 Jan 2026 ↗
Key people
- Bashar Al-Malik · Chief Executive Officer, Saudi Arabia Railways (SAR)
Related news
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Sources
- Al Riyadh Daily (SPA report) — SAR 2025 passengers and freight (6 Feb 2026) · alriyadhdaily.com · Tier 2 · reputable press