Saudi bus market valued at over $13bn
RIYADH: A 2020 December business report has revealed new details surrounding the Saudi bus market, as well as its projected growth, as the highly-anticipated new form of public transport continues to develop in the Kingdom. According to the report, published by international tech company ReportLinker, Saudi Arabia’s bus market was valued around $13.51 billion in 2019, and is projected to grow at a compound annual rate of 8.52 percent over the next five years. The report states that this can be attributed to a growing inclination of the population towards public transportation. Additionally,...