Supply chain

Oxford, England-based Unipart has proudly commenced its business operations within the borders of Saudi Arabia, a nation recognized as the most robust economy in the Middle East and the second-quickest expanding G20 economy in the year 2023. This strategic move aligns with Saudi Arabia's Vision 2030, which aims to transform the country into a pivotal logistics hub connecting Europe and...

The Saudi Ports Authority, known as Mawani, has bolstered the nation's maritime, logistics, and port sectors by funneling investments that approximate SAR 17 billion riyals ($4.5 billion) throughout 2023. These strategic investments have positioned Saudi Arabia favorably on various international benchmarks, enhancing its standing in container throughput and logistics performance. Notably, the Kingdom has ascended eight places in the global...

In the competitive landscape of the Gulf Cooperation Council (GCC) and Kingdom of Saudi Arabia (KSA), Shipsy is gearing up to expand its influence by pushing forward its Warehouse Management System (WMS) services. Shipsy, a frontrunner in providing SaaS solutions bolstered by artificial intelligence for supply chain orchestration and execution, has seen promising growth prospects in these regions. Last October...

At the beginning of the month, Brookfield Asset Management secured a significant interest in the Gulf Islamic Investments' (GII) logistics operations, offering tailored warehousing services to premium clients within the UAE.Dubai (UAE): Gulf Islamic Investments (GII) has announced a partnership with Logipoint, a subsidiary of SISCO, to establish a joint venture aimed at developing a logistics platform to deliver Grade...

Confirming its burgeoning status as a leading logistics center, Saudi Arabia has been chosen to host the UN Trade and Development Global Supply Chain Forum in 2026. This significant event is expected to gather industry leaders, specialists, and organizations to collaborate and steer the course of global commerce.The biannual forum, which kicks off its inaugural session from May 21 to...

Saudi Arabia has witnessed a 3.3 percent increment in non-oil exports during the first quarter of 2024, propelled by a notable surge in re-export activities, as reported by the General Authority for Statistics. The national non-oil exports saw a slight decline of 5.2 percent, yet re-exported goods experienced a substantial jump of 31.5 percent in the same timeframe. The Kingdom...

The Saudi Arabian aviation sector is poised for an upgrade with the integration of artificial intelligence (AI) in its supply chain management, according to a leading industry executive. At the inaugural day of the Future Aviation Forum in Riyadh, Suliman Almazroua, the CEO of the National Industrial Development and Logistics Program, spoke of how AI will not only streamline logistics...

Saudi Arabia's emerging logistics company, MDD, has successfully completed a Series A funding round, trading 5% of its equity for a company valuation of $26 million (SAR100 million). Established in 2019, MDD is at the forefront of offering innovative supply chain solutions tailored for the business sector. The young enterprise, headquartered in Riyadh, recently made an announcement regarding the conclusion...

Saudi Arabia is at the forefront of pioneering reforms aimed at advancing innovation in procurement and supply chain management across diverse industries, as reported at a recent industry forum in Riyadh. The Chartered Institute of Procurement & Supply’s MENA Conference spotlighted the crucial role of supply chain security, local content enhancement, and the refinement of governmental procurement expenditures in fostering...

Anticipation is high among Saudi real estate entities as a significant gathering in Riyadh aims to bolster connections within the supply chain, enabling industry leaders to unite and establish meaningful collaborations. Endorsed by the housing minister, Majid bin Abdullah Al-Hogail, the National Housing Co. is set to inaugurate the Real Estate Supply Chain Forum on May 20-21 at the JW...