Logistics

CEVA Logistics has partnered with Almajdouie Logistics to form a joint venture in Saudi Arabia, named CEVA Almajdouie Logistics. This venture aims to address the rising demand for integrated logistics solutions in the region, with CEVA holding a majority stake. Mohammed Almajdouie, chairman of the new venture, emphasized the alignment with Saudi Arabia's Vision 2030, stating that the partnership will...

Saudi Arabia is set to open the management of four airports to the private sector by 2025, as announced by Minister of Investment Khalid Al Falih during the Global Logistics Forum in Riyadh. This move aligns with the Kingdom's strategy to bolster its logistics sector and reinforce its status as a leader in green energy. Strategic Location and Regional Integration...

CEVA Logistics and Almajdouie Logistics have formally established a joint venture in Saudi Arabia, announced at the Global Logistics Forum in Riyadh. This collaboration aims to enhance logistics solutions within the Kingdom. Initially revealed in July 2024 and approved by Saudi authorities, the CEVA Almajdouie Logistics joint venture merges the strengths of both companies to cater to the rising demand...

CEVA Logistics and Almajdouie Logistics have officially formed a joint venture in Saudi Arabia, named CEVA Almajdouie Logistics. This partnership was finalized at the first Global Logistics Forum in Riyadh. The venture aims to enhance integrated logistics solutions in the Kingdom, aligning with its growing economic demands. CEVA holds a majority stake in this collaboration. CEVA, active in Saudi Arabia...

CEVA Logistics and Almajdouie Logistics have finalized a joint venture agreement in Saudi Arabia, announced at the Global Logistics Forum in Riyadh. This partnership, named CEVA Almajdouie Logistics, aims to enhance logistics solutions in the region by utilizing the strengths of both companies. First revealed in July 2024, the venture has received approval from Saudi authorities. CEVA Logistics holds a...

The Global Logistics Forum 2024 commenced with significant agreements aimed at advancing Saudi Arabia's Vision 2030. Industry leaders gathered in Riyadh to forge partnerships that will support the Kingdom's goal of becoming a global logistics hub. Key agreements focused on digital innovations and infrastructure expansion, enhancing connectivity and sustainability in the region. Here are ten transformative deals poised to redefine...

A new logistics special economic zone (SEZ) is set to emerge at King Salman International Airport in Riyadh. This initiative results from a collaboration between ewpartners, a pioneering international private equity firm, and the King Salman International Airport Development Company (KSIADC). The SEZ, named the "KSA-Sino Logistics Special Economic Zone," aims to enhance logistics growth in Saudi Arabia, transforming it...

A new logistics special economic zone (SEZ) is set to be developed at King Salman International Airport in Riyadh, thanks to a collaboration between ewpartners and King Salman International Airport Development Company (KSIADC). This initiative aims to transform Saudi Arabia into a global logistics hub, enhancing trade connections with China and Asia. Announced at the Global Logistics Forum 2024, the...

Saudi Arabia's significant investments in the transport and logistics sector have propelled the nation forward in global rankings. The Minister of Transport and Logistics, Eng. Saleh Al-Jasser, highlighted these advancements during the Global Logistics Forum in Riyadh. The Kingdom's National Strategy for Transport and Logistics, initiated in 2021 by Crown Prince Mohammed bin Salman, plans to invest over SR1 trillion...

Saudi Arabia's national postal service, Saudi Post, is preparing to unveil the region's largest super sorting center early next year, as part of an ambitious transformation strategy. This initiative was discussed by Anef Abanomai, president of Saudi Post, during the Global Logistics Forum in Riyadh. The new facility is expected to greatly enhance the supply chain, reduce delivery times, and...