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The Saudi Railways Organisation awarded 9.38 billion Saudi riyals (US$2.5 billion) in contracts to two consortiums, which include Germanys Deutsche Bahn and Italys Astaldi, to build four railway stations in the kingdom, it said recently.

The Iraqi government plans to float a tender for building a multibillion-dollar port south of Basra by the end of this year, Hadi al-Amiri, the transportation minister said.

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