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. The company does not publish audited financial statements that INXEN has found.
Key facts
No verified figure held yet.
Ownership and relationships
- portfolio company: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 · 20 Jan 2026 ↗
Key people
- Bashar Al-Malik · Chief Executive Officer, Saudi Arabia Railways (SAR)