Saudi Arabia's Special Integrated Logistics Zone Company (SILZ) has forged significant partnerships by signing three Memoranda of Understanding (MoUs) at the Global Logistics Forum. These agreements aim to enhance "Riyadh Integrated," the country's first special logistics zone, promoting industrial growth, economic diversification, and job creation. Global Retail Collaboration: SILZ partners with SHEIN to establish a custom facility, boosting Saudi Arabia's...
Saudi Arabia is ambitiously aiming to become a global logistics hub by the end of the decade, planning to invest approximately $267 billion into its logistics sector. This move comes as the nation attracts prominent industry players. Following the inaugural Global Logistics Forum, Ceva has partnered with Saudi's Almajdouie Logistics to create Ceva Almajdouie Logistics. This joint venture intends to...
LogiPoint, a leading logistics infrastructure developer in Saudi Arabia, has formed a strategic partnership with the UK-based Unipart Group to transform the logistics sector in the Kingdom. This collaboration was sealed with a Memorandum of Understanding (MoU) during the Global Logistics Forum 2024 in Riyadh. Strategic Alliance for Advanced Logistics The partnership aims to develop cutting-edge logistics facilities and innovative...
Agility and SAR Collaborate on Logistics Infrastructure Near Riyadh Agility, a leader in supply chain services and infrastructure, has partnered with the Saudi Railway Company (SAR) to assess the need for new logistics facilities in Sudair City for Industry and Businesses and near King Khalid International Airport. This initiative aligns with Saudi Arabia's Vision 2030, which aims to transform the...
The recent Logistics Leaders Saudi 2024 event in Riyadh, organized by Logistics Middle East, focused on the future of Saudi Arabia's logistics and supply chain sector. It brought together industry experts to discuss advancements and future directions. One of the highlights was a keynote by Michael Stockdale from Red Sea Global, who spoke on supply chain management within Saudi’s tourism...
Saudi Arabia is set to enhance its role as a global logistics hub by collaborating with China to establish a logistics special economic zone. This initiative, discussed at the Global Logistics Forum 2024 in Riyadh, is part of Saudi Arabia's Vision 2030 to diversify its economy beyond oil. The KSA-Sino Logistics Special Economic Zone will be located at King Salman...
The King Salman International Airport Development Company (KSIADC) has formed strategic partnerships with the Special Integrated Logistics Zone (SILZ) and FedEx. These collaborations aim to advance Saudi Arabia's logistics and air cargo sector, positioning Riyadh as a significant player in the global logistics arena. Enhancing Saudi Arabia's Infrastructure The partnership with SILZ, the country's first special economic zone, focuses on...
Saudi Arabia plans to invest over $267 billion in its logistics sector, aiming to become a global hub by 2030. At the Global Logistics Forum 2024 in Riyadh, Transport Minister Saleh bin Nasser Al-Jasser announced that $53 billion has already been allocated for this initiative. Al-Jasser highlighted Saudi Arabia's improved global rankings, noting a rise of 17 places in the...
Saudi Arabia's Special Integrated Logistics Zone Company (SILZ) is making strides to enhance the nation's logistics capabilities, aligning with Vision 2030. At the inaugural Global Logistics Forum, SILZ signed three significant Memoranda of Understanding (MoUs) with global and regional leaders to advance the "Riyadh Integrated," the first special logistics zone in Saudi Arabia. The agreements aim to boost industrial growth,...
Saudi Arabia has successfully conducted the first test run of a hydrogen train in the Middle East, according to Dr. Bashar Al-Malik, CEO of the Saudi Railway Company. This achievement aligns with the Kingdom's commitment to environmentally friendly technologies. Dr. Al-Malik shared these insights during the Global Logistics Forum 2024 in Riyadh. Previously, Saudi Energy Minister Prince Abdulaziz bin Salman...