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Saudi Railways Organisation warns train deal under threat over mishaps

The Saudi Railways Organisation (SRO) has warned Spanish company CAF its train purchase deal is under threat if the incidents of malfunctioning continue unresolved, Saudi Gazette has reported. "SRO's financial rights will be protected either through obtaining compensation for the damage caused or revoking the purchase deal altogether if the technical glitch continues even after undertaking repair works," SRO president, Abdul Aziz Al-Hugail, told the daily. "SRO has so far neither taken delivery of the trains formally nor paid the amount in full. We paid only 55% of the value of the purchase deal," he said.