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Saudi Arabia 'may provide rail financing'

Financing for a $7bn cross-country railway may be provided by Saudi Arabia after groups bidding on the project were unable to get funds for the line, London-based Arabic daily Alhayat has reported. Financing difficulties will force completion of the Saudi Land Bridge project to be delayed until 2015, from an initial date this year, the newspaper said. The line will link ports on the Red Sea and Gulf coasts with Riyadh.

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