Logistics

Saudi Arabia’s logistics sector to reach US$60.68bn by 2024

AdobeStock 180541067Economic diversification, policy reforms, tax regimes and foreign direct investment (FDI) policies are shifting in favour of an open economy and encouraging private investment for the Saudi Arabian logistics sector, according to an analysis by Frost & Sullivan

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Al-Bahar opens new branch in Oman

al baharAl-Bahar has announced the opening of its newest branch office in Sohar through their sister company Oasis Trading and Equipment Co LLC

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ENOC extends RFID technology to DP World’s fuel terminals

DP world 21ENOC Group has extended its RFID-based technology to fuel terminals two and three of DP World to serve its fleet of vehicles

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Logistics providers GAC to open new warehouse in Abu Dhabi’s KIZAD

Kizad GACIntegrated shipping, logistics and marine services provider GAC’s new warehouse and open yard will be situated in the Middle East’s largest industrial zone and a subsidiary of Abu Dhabi Ports, Khalifa Industrial Zone Abu Dhabi (KIZAD)

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CE-Ventures acquires stake in UAE’s logistics firm Transcorp

trme ware 11CE-Ventures, the corporate venture capital arm of UAE-headquartered global conglomerate Crescent Enterprises, has invested in Transcorp International, one of the UAE’s leading logistics and last-mile distribution service providers, acquiring a sizeable minority stake

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