Logistics

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...

Bahrain's GFH Financial Group, a prominent financial entity in the asset management and real estate sectors, has entered into a strategic partnership with Panattoni's Saudi division. Panattoni, a global developer of industrial real estate, is based in California, USA. This partnership aims to establish 500,000 sq m of advanced logistics facilities in Saudi Arabia, focusing on key cities like Riyadh,...

Saudi Arabia has achieved a 40% reduction in road maintenance time, attributed to the adoption of modern technologies, according to the Minister of Transport and Logistics Services. Speaking at the Road Safety and Sustainability Conference in Riyadh, Minister Saleh Al-Jasser emphasized that these innovations have also contributed to lowering carbon emissions. This progress supports the Roads General Authority's mission to...

GFH Financial Group has partnered with Gulf Warehousing Company (GWC) to boost logistics infrastructure in Saudi Arabia. This collaboration involves the development of 200,000 square meters of advanced logistics facilities across Riyadh, Jeddah, and Dammam. GFH will finance and manage the creation of these facilities, specifically designed to meet GWC's operational needs. GWC will contribute its logistics expertise and will...

GFH Financial Group, a prominent financial institution in the logistics sector, has partnered with Gulf Warehousing Company (GWC) to enhance logistics infrastructure in Saudi Arabia. This collaboration involves developing 200,000 square meters of advanced logistics facilities in key cities such as Riyadh, Jeddah, and Dammam. Under the agreement, GFH will finance and manage the construction of these facilities, designed to...