Scheduled for completion in Q4 2026, the port is projected to generate more than $1.3bn in revenue for ADNOC L&S over the first 27 years
logistics services
Latest in logistics services
Aviation
GWC and Qatar Airways extend logistics agreement by five years
Services to include import/export handling, customs clearance, warehousing and distribution, inventory management and document storage
Dammam
Saudi’s Mawani, Alissa Group to build SAR300mn vehicle logistics park at Dammam Port
The park will be dedicated to the import and re-export of vehicles and spare parts
delivery services
UAE’s Quiqup expands e-commerce logistics services into Saudi Arabia
The move is backed by the strategic support of the Mohammed bin Rashid Innovation Fund
Abu Dhabi
AD Ports Group opens its first inland dry port in Abu Dhabi
The Al Faya Dry Port will be anchored by CMA CGM, which recently inaugurated its CMA Terminals at Khalifa Port; Facility will be scaled up soon
Abu Dhabi
AD Ports Group completes Noatum restructuring
Noatum Group, a Barcelona-based provider of global logistics services with operations in 32 countries and 16 terminals in Spain, was acquired by AD Ports Group in 2023 for AED 2.65 billion
Global Logistics Services
Global Logistics Forum 2024 in Saudi Arabia sees $4.3bn of deals signed
Global Logistics Forum 2024 in Riyadh, Saudi Arabia saw massive deals and transport and logistics experts from around the world in attendance
Aramex
Aramex partners with Saudi Arabia’s Omniful to advance e-commerce fulfillment segment
Omniful’s feature-rich and robust OMS is tailored to enhance operational efficiencies and streamline inventory, orders, and logistics data management in real time
cargo business
Ghitha Holding to acquire 44% stake in Turkish cargo major MNG Airlines
The acquisition is to be done through Ghitha’s wholly-owned indirect subsidiary, Ghitha Aeroinvest Holding for $211 million
AD Ports Group
Noatum announces completion of Sesé Auto Logistics acquisition
The acquisition is part of Noatum’s strategic move to emerge as a leading European supplier of logistics services to the finished vehicle logistics (FVL) sector
Amazon
Amazon UAE signs lease agreement with Hamriyah Free Zone Authority for new logistics center
New logistics center in Hamriyah Free Zone to enable seamless delivery experience across the Northern Emirates
Abu Dhabi Airports Free Zone
Abu Dhabi Airports Free Zone, Masdar City Free Zone announce new partnership
Businesses will be able to hold licenses in, and benefit from, both free zones
investment opportunities
Saudi SAL signs MoU with SILA to develop logistics areas in Kingdom
The agreement is in line with the Saudi Vision 2030 which envisions that the Kingdom becomes a leading global logistics center linking the continents of the world
Acino
AD Ports Logistics, Acino collaborate to enhance pharma freight services in MENA region
The agreement envisages ADPL providing both sea and air transport freight services to Acino
Abu Dhabi
AD Ports Group announces acquisition of Spanish logstics major Noatum
The UAE ports major said it completed the acquisition process after receiving approvals from all relevant regulatory bodies
Bahrain
UAE, Bahrain top World Bank’s Logistics Performance Index 2023
The report was created by collecting data from May to October 2022 across 139 countries
DHL
Aramco, DHL team up for new procurement and supply chain services in Saudi Arabia
It would be the region’s first such hub catering to customers in the industrial, energy, chemical and petrochemical sectors
