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Saudi Arabia reveals AED97-billion plan to wean country off oil and petrochem through logistics and industrialisation.
Bashar Obeid, Chief Executive Officer of Aramex, said the acquisition would support the logistics company’s growth ambitions in Saudi Arabia.
The online retailer has already developed proprietary technology that allows it to collect and deliver shipments more easily, and will soon be hiring more Saudi Arabian nationals for its last mile operations.
UPS says the new service in the UAE and Saudi Arabia will be particularly well-suited to e-commerce logistics.
Mammoet has added 35 telescopic and crawler cranes to its existing fleet in the Middle East to meet strong market demand and support its aim to grow the company’s crane rental services.
The US e-commerce giant eBay.com may be looking to follow Amazon into the Middle East’s online retail market if rumours on Twitter are to be believed.
The Saudi government is looking to diversify its income sources amid declining oil prices.
The 400ha airport is the first in the Kingdom of Saudi Arabia to be constructed and operated entirely by the private sector.
Hadi Khatib finds out why KSA-based contractor Al-Rosan Company purchased 95 new Volvo CE machines from FAMCO
First warehouse to be operational next month with others to follow.
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