Browsing: Logistics

Saudi Arabia’s NEOM, a $500B flagship project, has formed a $10B joint venture (JV) with Denmark’s DSV, the world’s third-largest freight forwarder, as revealed in their joint statement. NEOM’s primary goal is to establish itself as a vital logistics hub. This initiative was introduced by Saudi Arabia’s Crown Prince Mohammed bin Salman in 2017, with the long-term vision of accommodating 9 million residents.

Saudi Arabia is gearing up to invest a substantial SR1.6T ($427B) over the next decade, as revealed by Minister of Transport and Logistics, Saleh Al-Jasser. This ambitious plan aims to attract more than 30 million pilgrims and Umrah participants, in addition to over 100 million tourists annually, in harmony with the goals of Saudi Arabia’s Vision 2030.

The primary shareholders of SAL Saudi Logistics Services Company are divesting a 30 percent stake…

SAL Saudi Logistics Services Company (SAL) has revealed its strategy to divest a 30% ownership…

AD Ports Group and China’s Shandong Port Group (SPG) have inked several collaborative agreements to…

The Saudi SAL Company for Logistics Services has entered into a Memorandum of Understanding (MoU)…

Leading transportation company FedEx has unveiled its latest offering, the International Priority shipping service, aimed…

Dubai Customs processed 14 million customs transactions in the initial half of 2023, marking a…

In collaboration with the private sector, Dubai RTA -Roads and Transport Authority is in the…

Saudi Arabia has revealed intentions to create 59 logistics zones by 2030 as part of…