Riyadh Metro Begins Operation on Sunday to Ease Traffic in Saudi Capital

The media was given a tour of the new Riyadh Metro ahead of its official opening on Sunday. (Asharq Al-Awsat)
The media was given a tour of the new Riyadh Metro ahead of its official opening on Sunday. (Asharq Al-Awsat)
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Riyadh Metro Begins Operation on Sunday to Ease Traffic in Saudi Capital

The media was given a tour of the new Riyadh Metro ahead of its official opening on Sunday. (Asharq Al-Awsat)
The media was given a tour of the new Riyadh Metro ahead of its official opening on Sunday. (Asharq Al-Awsat)

The Riyadh Metro, the backbone of the capital’s public transport network, will begin operation on Sunday.

The Riyadh Metro project is the largest in the Middle East and boasts the world’s longest driverless metro line in the world.

The metro will help ease 30 percent of traffic in Riyadh, said the Royal Commission for Riyadh City (RCRC) during a media tour of the project on Friday.

Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud had on Wednesday inaugurated the Riyadh Metro.

The network spans 176 kilometers across six lines and 85 stations, including four main ones. It will offer 10 million trips daily and has the capacity for over 3 million passengers. It has already been integrated into the existing bus network.

The Darb app was launched on Thursday to help improve the transport experience in Riyadh.

Maher Shira, Director General of the Smart City Department at the RCRC, told Asharq Al-Awsat during the media tour that the app brings together bus, ticket and metro networks all in one platform.

The app has four main features: the first introduces users to the metro network, including stations, schedules, routes and tickets. The second offers users the option to best plan their trip through suggesting the best routes through the various transportation modes available.

The third offers users the option to purchase tickets, including a pass that covers all modes of transportation in the network. The fourth feature is the customer service option.

Shira said the metro network can be expanded to take in Riyadh’s growing population.

The first phase of the network will open on Sunday. (Asharq Al-Awsat)

The metro project was launched as part of Riyadh’s efforts to bolster sustainable transport and ease traffic, reflecting the Kingdom’s commitment to developing smart transport infrastructure, he added.

Sunday will witness the launch of the blue, yellow and purple lines of the metro network. The blue line spans Olaya Street to Al-Bathaa. The yellow line spans the King Khalid International Airport road and the purple line covers the Abdul Rahman Ibn Awf Road and the Al-Sheikh Hasan Ibn Hussein Ibn Ali Road.

The red and green lines of the metro will be launched by December 15 and the orange line by January 5.

Tickets are available on the Darb app and prices range from 4 to 140 riyals. A two-hour trip costs 4 riyals, a three-day pass is priced at 20 riyals, a one-week pass costs 40 riyals and the 30-day pass costs 140 riyals.



Gold Prices Hold Steady as Investors Await US Fed Policy Cues

A participant shows gold bars during the 21st edition of the international gold and jewelry exhibition at the Kuwait International Fairgrounds in Kuwait City on May 23, 2024. (Photo by Yasser AL ZAYYAT / AFP)
A participant shows gold bars during the 21st edition of the international gold and jewelry exhibition at the Kuwait International Fairgrounds in Kuwait City on May 23, 2024. (Photo by Yasser AL ZAYYAT / AFP)
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Gold Prices Hold Steady as Investors Await US Fed Policy Cues

A participant shows gold bars during the 21st edition of the international gold and jewelry exhibition at the Kuwait International Fairgrounds in Kuwait City on May 23, 2024. (Photo by Yasser AL ZAYYAT / AFP)
A participant shows gold bars during the 21st edition of the international gold and jewelry exhibition at the Kuwait International Fairgrounds in Kuwait City on May 23, 2024. (Photo by Yasser AL ZAYYAT / AFP)

Gold prices remained steady on Wednesday, as investors awaited the US Federal Reserve's decision on interest rates due later in the day, while also focusing on US President Donald Trump's trade policies following his tariff threats.

Spot gold eased 0.2% to $2,758.49 per ounce by 09:55 a.m. ET (1455 GMT), while US gold futures rose 0.3% to $2,775.60, widening the premium over spot gold rates.

The Fed is scheduled to release its latest policy decision and statement at 2 p.m. EST (1900 GMT), with Fed Chair Jerome Powell due to hold a press conference half an hour later to elaborate on the meeting.

The US central bank is widely expected to hold interest rates steady as it awaits further inflation and jobs data and more clarity on the economic impact of Trump's policies before deciding whether to cut borrowing costs again.

"However, the Fed's commentary in regards to the potential for an interest rate cut in the March meeting is going to be in focus," said David Meger, director of metals trading at High Ridge Futures.

Gold prices neared all-time highs last week after Trump called for lower interest rates. Bullion tends to thrive in a low-interest-rate environment as it yields no interest.

Prices, however, retreated sharply on Monday as a sell-off in technology stocks, driven by Chinese AI model DeepSeek, sparked a rush to liquidate bullion to counter losses, according to Reuters.

The sell-off in the stock market seen on Monday may not be over and the unpredictability of Trump's policies is contributing to an increased demand for gold as a safe-haven, said Jim Wyckoff, a senior market analyst at Kitco Metals.

Trump still plans to make good on his promise to issue tariffs on Canada and Mexico, and his policies are widely seen as inflationary.

Elsewhere, spot silver gained 1.7% to $30.92 per ounce, platinum also added 0.5% to $946.45. Palladium was up 0.8% to $962.50.