Saudi Global Ports – the newest kid on the IPO block
More pros than cons
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AMZN: 'AI EDGE'HD: HERE IS HOW IT LOOKSAMZN: REG RISKMAERSK: MOST HARMED KNIN: GO GREENDSV: CHANGING OF THE GUARD CHRW: OVERVALUEDGM: NEW BIZFDX: GROWING CAUTIOUSDHL: DOUBLE UPGRADEDSV: STOCK MARKET REACTION XOM: OIL INVENTORY WARNINGWTC: EBL DEAL DETAILS
Saudi Arabia looks set to revitalise a plan which will see a new railway linking the Red Sea and Persian Gulf. It has asked for bids to build the 1,000-mile land bridge, which would cut three days off the five-day journey by sea.
The plan has been on hold since 2008, but building could start as early as this year, and improve links to Riyadh and Jeddah.
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