The introduction of a new shipping service by the Mediterranean Shipping Co. (MSC) is set to enhance trade connections between Saudi Arabia and key East Asian ports, thereby reinforcing the Kingdom's global logistics framework. According to Saudi Ports Authority, known as Mawani, MSC will launch the "Clanga" line at Jubail Commercial Port. This initiative aims to elevate Saudi Arabia's investment...
PSA Ventures, part of PSA International, has teamed up with Saudi Arabia's National Industrial Development and Logistics Program (NIDLP) to boost innovation in port automation and sustainable supply chains. This alliance aims to support promising start-ups and develop Minimum Viable Products (MVPs) that are ready for market launch. Eddy Ng, Group Head of Operations and Sustainability at PSA International, emphasized...
Gulf Warehousing Company (GWC), a prominent logistics group, has revealed a new venture through its subsidiary, GWC Energy Services. They have partnered with Saudi Offshore Fabrication Company (OFC) to establish 100,000 sq m of top-tier logistics facilities at Ras Al Khair Industrial Port. The agreement focuses on enhancing OFC's storage and logistics capabilities. GWC Energy Services will utilize its logistics...
The Saudi Railway Company (SAR) is set to introduce a program aimed at localizing the railway industry. Having achieved over 50% local spending in 2023, SAR plans to reach 60% by 2025 through strategic partnerships. SAR's CEO, Dr. Bashar Al Malik, announced that the program will be launched at the Saudi International Railway Conference in Riyadh on November 20–21. This...
Jeddah: King Abdulaziz International Airport in Jeddah has achieved a remarkable milestone, setting a new record for passenger traffic by handling over 161,000 passengers in a single day. This accomplishment underscores the airport's critical role as a major hub, especially for pilgrims visiting Mecca and Medina during Hajj and Umrah seasons. On that day, the airport efficiently managed over 132,000...
GFH Financial Group, a major player in the financial sector, has formed a strategic partnership with Gulf Warehousing Company (GWC), a leading logistics provider in the GCC. This collaboration aims to enhance GWC's expansion efforts by developing 200,000 square meters of premium logistics facilities in Saudi Arabia's key cities: Riyadh, Jeddah, and Dammam. As per the agreement, GFH will finance...
The Roads General Authority (RGA) of Saudi Arabia has unveiled significant progress in the development of the Riyadh region's road network. Currently, projects valued at SAR3 billion ($798 million) are underway. These projects cover an extensive 15,000 km, focusing on new road construction and thorough maintenance across all regional governorates. To date, the RGA has successfully completed 23 projects. This...
The Saudi Intermobility Expo 2024 is set to offer a comprehensive look into the future of transportation in the Middle East. Scheduled from November 11-13 at the Jeddah International Exhibition & Convention Center, the event will focus on road, rail, smart and urban mobility, electric vehicles, and metro development. RGA CEO Eng. Badr Abdullah Al-Dulami highlighted the Expo's role in...
Saudi Logistics Services (SAL) has appointed Omar Hariri as its new CEO, starting November 1, 2024, following board approval. Hariri, a prominent figure in the Saudi transport and logistics industry, brings over 20 years of experience. He previously served as President of the Saudi Ports Authority (Mawani) until October 2024, where he significantly advanced the sector by implementing strategic initiatives...
The Saudi Intermobility Expo 2024 is set to explore the future of transportation in the Middle East. Scheduled from November 11-13 at the Jeddah International Exhibition & Convention Center, it will feature discussions on topics such as road, rail, smart mobility, electric vehicles, and metro development. Organized by Informa, with ITS International as the media partner, the event has previously...