Saudi Arabia is making a significant move to transform its logistics sector with an investment exceeding SR1 trillion ($267 billion), aiming to establish itself as a global logistics hub by 2030. According to Saudi Minister of Transport and Logistics Services, Saleh bin Nasser Al-Jasser, SR200 billion of this investment has already been utilized. The country has made impressive strides, improving...
Saudi Arabia Invests $267 Billion in Logistics Saudi Arabia plans to invest over SR1 trillion ($267 billion) in logistics by 2030 to establish itself as a global hub, according to Transport Minister Saleh bin Nasser Al-Jasser. Already, SR200 billion has been allocated, significantly boosting the Kingdom's logistics sector. At the Global Logistics Forum 2024, Al-Jasser highlighted the Kingdom's rise in...
Saudi Arabia's Ambitious Logistics Investment Saudi Arabia plans to invest over $267 billion in its logistics sector by 2030, aiming to become a global logistics hub. This initiative, part of the Vision 2030 program, was highlighted by Transport Minister Saleh bin Nasser Al-Jasser at the Global Logistics Forum 2024 in Riyadh. Al-Jasser noted that $53 billion has already been invested,...
Saudi Arabia Plans $267 Billion Logistics Investment to Become Global Hub by 2030 Saudi Arabia is committing over $267 billion to its logistics sector with the goal of establishing itself as a global logistics hub by 2030. This announcement was made by Saudi Minister of Transport and Logistics Services, Saleh bin Nasser Al-Jasser, during the Global Logistics Forum 2024 in...
Saudi Arabia Plans to Privatize Management of Four Airports Saudi Arabia is set to enhance its logistics and transport sectors by involving private operators, as announced by Investment Minister Khalid Al-Falih. The government intends to appoint private managers for four airports, marking a shift towards increased privatization. The move is part of a broader strategy to position Saudi Arabia as...
The Saudi General Authority of Civil Aviation (GACA) will join the first Global Logistics Forum, organized by the Ministry of Transport and Logistic Services in Riyadh, Saudi Arabia. This significant event, taking place at the King Abdullah Financial District, aims to reshape the global logistics landscape. Under the theme "Reshaping the global map of logistics," the forum will gather industry...
Riyadh is set to host the Global Logistics Forum, bringing together major players like MAERSK, Saudia Group, and Aramex from October 12-14. This event, organized by Saudi Arabia's Ministry of Transport and Logistic Services, aims to enhance supply chain efficiency, resilience, and sustainability. The forum will attract 10,000 attendees and feature over 120 speakers, including global leaders and experts in...
The Logistics Leaders Saudi 2024 event in Riyadh recently highlighted Saudi Arabia's rapidly evolving logistics and supply chain sector. Hosted by Logistics Middle East, the event gathered industry leaders to discuss future developments and innovations in logistics. A key panel discussion, featuring Anas Hammoudeh from Savoye, Andy Kelly from Schoeller Allibert, and Varun Visruthan from Addverb, focused on addressing logistics...
Saudia Group has announced its role as a Presenting Partner at the first-ever Global Logistics Forum 2024, organized by the Ministry of Transport and Logistic Services in Riyadh. The event, under the auspices of King Salman bin Abdulaziz Al Saud, will take place from October 12 to 14. At the forum, Saudia Group will highlight its innovations in logistics and...
Saudi Arabia is home to a vibrant and growing logistics tech sector. Here are some of the leading startups making waves in this industry: Retailo: An online B2B marketplace offering groceries for SME retailers. Retailers can order inventory via a mobile app and receive deliveries within 24 hours. Founded: 2020, Location: Riyadh, Funding: $53M. RedBox: Provides smart locker access for...