Logistics

Top performing airports in Saudi Arabia highlighted in new GACA report

GACA employs a transparent method for performance evaluation by categorizing airports according to their annual passenger volumes

PIF-owned AviLease purchases Boeing 787-9 aircraft from BBAM

This transaction marks AviLease's first partnership with BBAM, adding its first Boeing 787-9 on operating lease

Saudi Transport Authority: Over 85 million postal shipments delivered in H1 2024

This volume was handled by over 70 licensed logistics companies, ensuring secure and confidential delivery 

Saudi Arabia to import 307,000 tons of wheat for strategic reserve maintenance

This shipment is crucial for maintaining strategic wheat reserves and meeting the needs of milling companies

Saudi Arabia, Solomon Islands ink mutual visa exemption agreement

Mutual exemption of short-stay visa requirements will further strengthen and develop ties between the two countries in various fields

Saudi airshow set to attract over 100,000 visitors in Riyadh

The event will be the region's largest aviation gathering, with over 100 exhibitors and 15+ airshow teams 

Saudi Arabia evolving into a global logistics hub with innovation and sustainability under Vision 2030

The Kingdom’s ports have made notable advancements, achieving, in August, 15th place globally in annual container handling

Saudi Arabia sees merchandise exports climb to $25.2 billion in July 2024

This represents an increase of $506.5 million, or 2.1 percent from last year 

Riyadh Municipality commits $1.6 billion to five key contracts for road enhancements, sustainable infrastructure

The contracts aim to rehabilitate and pave 83 million square meters of road over the next five years 

Saudi Arabia’s King Khalid International Airport leads with 82 percent compliance among over 15 million passengers: GACA 

GACA assesses airport performance based on annual passenger volumes for a transparent evaluation process 

Saudi Arabia’s ports achieve 14.6 percent increase in container traffic, surpassing 5 million TEUs in 2023, says GASTAT

Inbound traffic totaled 3.4 million TEUs, whereas outbound traffic amounted to 2.2 million TEUs

Saudi Arabia boosts Riyadh’s flood network with new modern smart model

The model includes sensors that provide real-time data readings, ensuring the reliability of flood drainage channels

Saudi-Italy bilateral trade hits $10.1 billion as 7,000 Italian firms target Saudi market

The announcement was made at the Saudi-Italian Business Forum at the Federation of Saudi Chambers' headquarters 

The Helicopter Company’s expansion, a boost to Saudi Arabia growth ambitions

Company plans to grow its fleet to 100 aircraft in the next few years

Saudi Arabia, U.K. discuss advancing 79 initiatives across 13 sectors and $103 billion bilateral trade

The discussions also covered Saudi Arabia's Vision 2030 and ongoing economic and development reforms

Saudi fund to finance $41-million infrastructure rehabilitation project in Dominica

This initiative aims to boost socio-economic growth and improve residents' quality of life 

Wizz Air launches direct route from London Gatwick to Jeddah with Airbus A321XLR

The new London Gatwick to Jeddah route will operate daily year-round, starting 31 March 2025 

Saudi Arabia’s interior ministry launches smart gates at NEOM Bay Airport

Initiative is part of Saudi Arabia's efforts to enhance the quality of life by implementing high-efficiency digital solutions in Saudi cities

Saudi Arabia enhances air connectivity with new direct flight route from Riyadh to London

Saudi Minister of Tourism oversaw agreement between Air Connectivity Program and Virgin Atlantic Airlines

Saudi fund deploys $20 billion globally in 50 years

800+ development projects have been funded by SFD since inception

Saudi Arabia’s non-oil exports to India exceed $453 million in June 2024

In the last five years (2019-2023), Saudi non-oil exports to India totaled around SAR100 billion

Riyadh Air, noon Payments partner to offer seamless digital payment options

Partnership showcases the airline's dedication to fostering local innovation and contributing to the broader economic goals of Saudi Arabia

New business park with $1 billion investment aims to transform Saudi’s Boulevard City

 The park features 60,000 sqm of creative spaces, nine innovative office buildings