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...
GFH Financial Group has partnered with Gulf Warehousing Company to develop 200,000 square meters of advanced logistics facilities in Saudi Arabia's key trade hubs: Riyadh, Jeddah, and Dammam. This collaboration aims to bolster Saudi Arabia's Vision 2030 by creating state-of-the-art logistics centers. Advancing Vision 2030 The project will see GFH financing and managing the construction of these facilities, which will...
Riyadh, Saudi Arabia – GFH Financial Group (GFH) has entered into a partnership with Gulf Warehousing Company (GWC), a prominent logistics provider in the GCC. This collaboration aims to develop 200,000 square meters of top-tier logistics facilities in key Saudi cities such as Riyadh, Jeddah, and Dammam. GFH will finance and manage the creation of these advanced logistics spaces, which...
GFH Financial Group, a prominent financial institution in Bahrain, has entered into a strategic agreement with Gulf Warehousing Company (GWC), a leading logistics provider in the region. This partnership aims to support GWC's expansion by creating 200,000 square meters of Grade 'A' logistics facilities in key Saudi Arabian cities: Riyadh, Jeddah, and Dammam. GFH will finance and manage the development,...
Folk Maritime, supported by the Public Investment Fund, has introduced the India Gulf Service, a new liner route linking Saudi Arabia’s Dammam port with Umm Qasr in Iraq and India's ports, Nhava Sheva and Mundra. This makes Folk Maritime the first Saudi company to offer extensive connectivity across key Arabian Gulf ports. Aligning with Vision 2030 The India Gulf Service...