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The Transport General Authority (TGA) reported that Saudi bus passengers reached 30.65 million in Q1 2026, with Riyadh accounting for 63.78% of the total (19.55 million). Makkah and Madinah followed with 15.89% and 11.09% shares respectively. Jeddah and Dammam-Qatif regions contributed smaller percentages. This data highlights Saudi Arabia's growing urbanization and reliance on public transport infrastructure.
The surge in bus usage reflects broader trends in Saudi Arabia's Vision 2030, which emphasizes sustainable urban development and reduced car dependency. For traders, this signals potential growth in infrastructure-related sectors like construction, public transit, and smart city technologies. Increased ridership may also drive demand for energy and transportation services.
Investors should monitor upcoming government announcements on public transport projects and urban planning initiatives. The data could influence equity valuations in construction and logistics firms. Additionally, rising public transport usage may impact oil demand dynamics, indirectly affecting energy markets.
