AGBI - Arabian Gulf Business Insight’s Post

I am immensely proud of the AD Ports team. Today, we are not just signing agreements; we are charting a new course for the future of maritime infrastructure and cruise tourism in Egypt. Our strategic investments and partnerships are more than business transactions; they have the visionary steps towards transforming regional economies and fostering unprecedented growth. With our collective expertise, visionary leadership, and unwavering commitment, we are creating world-class facilities that will redefine passenger experiences and attract global attention. Our work in Safaga, Hurghada, Sharm El Sheikh, and Sokhna is a testament to our dedication to excellence and innovation. Key Highlights: 1. Cruise Terminal Expansion: - Locations: Safaga, Hurghada, Sharm El Sheikh - Investment: USD 4.7 million over 15 years - Impact: Boosts Egypt's cruise tourism, enhances passenger experience, and attracts global cruise operators. 2. Strategic Development at Sokhna Port - Initiatives: Ro-Ro and cruise terminals - Positioning: Capitalizes on strategic Gulf of Suez location - Outcome: Strengthens regional logistics and tourism hub capabilities. 3. Economic and Bilateral Significance - Total Investment: Includes USD 200 million for Safaga multi-purpose terminal - Economic Impact: Job creation, local industry stimulation, and enhanced global maritime standing - Bilateral Relations: Reinforces UAE-Egypt economic collaboration and mutual growth. Our leaders at AD Ports are not just building ports; they are building bridges between nations, empowering local communities, and setting new industry standards. This is the power of strategic vision and collaboration. This is the future we are proud to lead. #MaritimeInfrastructure #CruiseTourism #EconomicGrowth #ADPorts #Innovation #StrategicPartnerships

Saudia Cargo and Red Sea Global Join Forces to Enhance Cargo Shipping Services. In a move aimed at advancing cargo shipping services and supporting the goals of Saudi Vision 2030, Saudia Cargo and Red Sea Global have signed a Memorandum of Understanding, paving the way for collaborative efforts to enhance #logistics capabilities and foster #global connectivity. John Pagano Nicholas Reynolds Peter McGrath Scott Hostetler, ASLA PLA Yasmin Baidas Nicholas King Faisal Almalki, FMP® #RedSeaGlobal #logistics #connectivity #SaudiVision2030 #SaudiaCargo #ArabNews #ArabTimes #ArabTimesNews

Saudi Arabia's Air Cargo Market Soars to New Heights! I'm thrilled to hear that Saudi Arabia has experienced a remarkable 20% growth in air cargo volumes, underscoring the nation's burgeoning role as a global logistics hub. This significant increase is a testament to the strategic initiatives and investments driving the Kingdom's logistics and transportation sector forward. The upcoming new Riyadh Airport King Salman International Airport is set to revolutionize the region's air transport infrastructure. This state-of-the-art facility will enhance capacity and streamline cargo operations, further positioning Saudi Arabia as a pivotal gateway for international trade. The launch of Riyad Air, a new national carrier, has further strengthened the Kingdom's air cargo capabilities. By offering cutting-edge services and expanding global connectivity, Riyad Air is playing a crucial role in facilitating the efficient movement of goods in addition to the existing Saudia Airlines. These advancements reflect Saudi Arabia's commitment to becoming a leading logistics powerhouse. With continuous improvements in infrastructure and services, we can expect even greater achievements in the future. At EFS Logistics, we are excited to be part of this dynamic industry and look forward to leveraging these developments to better serve our clients. #Logistics #AirCargo #SaudiArabia #EFSLogistics 🌐 Read more about this exciting growth here.

In Seatrade Maritime’s Middle East Report, in association with Saudi Maritime & Logistics Congress, we dive into how the UAE is positioning itself as a major player in the global maritime sector. From initiatives launched by the MOEIUAE to UAE Maritime Week and Seatrade Maritime Logistics Middle East, the region is becoming a hub for collaboration, innovation, and sustainability. 👉 Read the full article now and get ahead of the game: https://lnkd.in/ez9GC7_A #maritimeweek #middleeastmaritime #middleeastreport #seatrademaritime #maritimenews #article

#MiddleEast airports have positioned themselves as high-quality, “one stop to anywhere” hubs. But we frequently forget about #Africa and the importance of connecting to some of the hardest-to-reach and most poorly served capital cities, writes John Grant in his latest column for AGBI - Arabian Gulf Business Insight https://lnkd.in/gk_ei9ee

ewpartners joins with King Salman International Airport Development Company to explore development of KSA-Sino Logistics Special Economic Zone as key logistics initiative for Saudi-Asia trade.   The collaboration was announced today at the Global Logistics Forum in Riyadh.   The Special Economic Zone is supported by the Ministry of Transport and Logistic Services and is one of several recently announced initiatives designed to strengthen supply chains and streamline trade, e-commerce and investment in line with the Kingdom’s #Vision2030.   Drawing on the successful experiences of China’s extensive network of free trade zones, ewpartners will actively engage with top global companies to foster industrial and commercial growth in Saudi Arabia, thereby enhancing the Kingdom’s competitiveness in the global market and complementing its other economic initiatives.   Learn More: https://lnkd.in/g-dYYQaU   #SupplyChain #SaudiArabia #Vision2030 #SpecialEconomicZone #FreeTradeZones #KSA #ChinaSaudiRelations #GlobalLogisticsForum #ewpartners #KSIADC

Shura Council member Ali Ahmed Al Haddad has called for renaming Gulf Air, the national carrier, after Bahrain, like other Gulf countries, to better serve in projecting the kingdom worldwide. Speaking to Transportation and Telecommunications Minister Mohammed Al Kaabi, he asked about the reasons for sticking to the current name which had been chosen before Bahrain acquired full ownership of the company and expanded its activities to new regions. Read: https://lnkd.in/dBSEe2iP

Looking forward to the upcoming panel discussion where we will discuss The Workforce Development in the maritime and logistics industry at Saudi Maritime Congress 2024! #MSC #SaudiMaritime #SupplyChain #KSA #Saudi #SaudiArabia #MSC_Saudi

Saudi Maritime Congress 2024 is a premier event that brings together #global maritime leaders, Industry professionals, and government representatives to discuss the latest developments in the #marine and logistics sectors. Held in the Kingdom of saudiarabia, this congress serves as a platform for showcasing advancements in #technology, exploring new opportunities for #investment, and addressing the challenges faced by the maritime industry. With a focus on #innovation, #sustainability, and regional growth, the event highlights Saudi Arabia’s strategic role in the global maritime landscape and its commitment to becoming a leading logistics hub. #marinepilots https://lnkd.in/eJgUBGbV

Saudia, the national flag carrier of Saudi Arabia, has reported significant growth in its operational performance for the third quarter of 2024, according to its latest performance report. The airline transported over nine million guests, marking a 10% increase compared to the same period in 2023. This achievement was supported by more than 49,500 flights, reflecting a 9% increase in flight operations. Additionally, Saudia logged 146,700 flight hours, representing an 11% increase over last year, with an impressive on-time performance rate of 87.8%. Read more: https://lnkd.in/gvkP4J2R SAUDI AIRLINES Omar Al Ibrahim #saudiairlines #travelturtle #travelturtlemag