#Saudi_Arabia's Strategic Leap: Rising as a Global Logistics Powerhouse From Vision to Reality: Saudi Arabia’s Ports Surge in Global Rankings 🔝 Saudi Arabia has achieved a significant milestone by climbing to 15th place globally in the Lloyd's List 2024 rankings, showcasing the rapid growth of its ports and logistics sector. ✔️ This progress aligns with Vision 2030's goal to establish Saudi Arabia as an international logistics hub, leveraging its strategic location at the crossroads of three continents and along the Red Sea, through which 12% of global trade passes. 1️⃣ Reducing Costs and Shipping Time: Saudi companies may prefer local ports to minimize shipping costs and time. 2️⃣ Encouraging Investments: Strategic investments in Saudi ports enhance their appeal for re-export activities. 3️⃣ Economic and Trade Policies: Reforms could make Saudi ports more competitive regionally. 4️⃣ Attracting Re-Export Activity: With ongoing improvements, a significant portion of re-export activities, currently 40% to 50% via Dubai, is expected to shift directly to Saudi ports, strengthening Saudi Arabia's role as a regional logistics hub. Mohammed AlQahtani #Leadership hashtag #Innovation hashtag #Technology hashtag #Business hashtag #Sustainability hashtag #Growth hashtag #Entrepreneurship hashtag #Strategy hashtag #FutureOfWork hashtag #Logistics
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Saudi Arabia's Strategic Leap: Rising as a Global Logistics Powerhouse From Vision to Reality: Saudi Arabia’s Ports Surge in Global Rankings 🔝 Saudi Arabia has achieved a significant milestone by climbing to 15th place globally in the Lloyd's List 2024 rankings, showcasing the rapid growth of its ports and logistics sector. ✔️ This progress aligns with Vision 2030's goal to establish Saudi Arabia as an international logistics hub, leveraging its strategic location at the crossroads of three continents and along the Red Sea, through which 12% of global trade passes. 1️⃣ Reducing Costs and Shipping Time: Saudi companies may prefer local ports to minimize shipping costs and time. 2️⃣ Encouraging Investments: Strategic investments in Saudi ports enhance their appeal for re-export activities. 3️⃣ Economic and Trade Policies: Reforms could make Saudi ports more competitive regionally. 4️⃣ Attracting Re-Export Activity: With ongoing improvements, a significant portion of re-export activities, currently 40% to 50% via Dubai, is expected to shift directly to Saudi ports, strengthening Saudi Arabia's role as a regional logistics hub. #Leadership #Innovation #Technology #Business #Sustainability #Growth #Entrepreneurship #Strategy #FutureOfWork #Logistics
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Saudi Arabia's Strategic Leap: Emerging as a Global Logistics Powerhouse From Vision to Reality: Saudi Arabia’s Ports Climb in Global Rankings 🔝 Saudi Arabia has made a remarkable advancement, rising to 15th place globally in the Lloyd's List 2024 rankings, underscoring the rapid expansion of its ports and logistics sector. ✔️ This achievement is a key milestone in the realization of Vision 2030, which aims to position Saudi Arabia as an international logistics hub. Leveraging its strategic location at the crossroads of three continents and the Red Sea—through which 12% of global trade flows—the Kingdom is poised to become a pivotal player in global logistics. 1️⃣ Reducing Costs and Shipping Time: Saudi companies are increasingly favoring local ports to reduce shipping costs and time, enhancing efficiency. 2️⃣ Encouraging Investments: Strategic investments in Saudi ports are boosting their attractiveness for re-export activities, driving economic growth. 3️⃣ Economic and Trade Policies: Reforms are making Saudi ports more competitive, strengthening their regional position. 4️⃣ Attracting Re-Export Activity: With continuous improvements, a substantial share of re-export activities—currently 40% to 50% through Dubai—is expected to shift directly to Saudi ports, reinforcing Saudi Arabia's role as a regional logistics hub. #Leadership #Innovation #Technology #Business #Sustainability #Growth #Entrepreneurship #Strategy #FutureOfWork #Logistics
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#SaudiArabia's rise to the 15th position in the #Lloyd's List 2024 rankings is a testament to its rapid growth in the global #logistics sector. The strategic vision of establishing the kingdom as an international logistics hub is taking shape, fueled by its advantageous location and progressive economic policies. This achievement not only reduces shipping costs and time for local companies but also enhances the appeal for re-export activities, driving economic growth. With ongoing improvements, #Saudiports are set to play a pivotal role in reshaping regional logistics dynamics. #Leadership #Innovation #Technology #Business #Sustainability #Growth #Entrepreneurship #Strategy #FutureOfWork #Logistics
Saudi Arabia's Strategic Leap: Rising as a Global Logistics Powerhouse From Vision to Reality: Saudi Arabia’s Ports Surge in Global Rankings 🔝 Saudi Arabia has achieved a significant milestone by climbing to 15th place globally in the Lloyd's List 2024 rankings, showcasing the rapid growth of its ports and logistics sector. ✔️ This progress aligns with Vision 2030's goal to establish Saudi Arabia as an international logistics hub, leveraging its strategic location at the crossroads of three continents and along the Red Sea, through which 12% of global trade passes. 1️⃣ Reducing Costs and Shipping Time: Saudi companies may prefer local ports to minimize shipping costs and time. 2️⃣ Encouraging Investments: Strategic investments in Saudi ports enhance their appeal for re-export activities. 3️⃣ Economic and Trade Policies: Reforms could make Saudi ports more competitive regionally. 4️⃣ Attracting Re-Export Activity: With ongoing improvements, a significant portion of re-export activities, currently 40% to 50% via Dubai, is expected to shift directly to Saudi ports, strengthening Saudi Arabia's role as a regional logistics hub. #Leadership #Innovation #Technology #Business #Sustainability #Growth #Entrepreneurship #Strategy #FutureOfWork #Logistics
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The #logistics sector in #SaudiArabia experienced a remarkable surge in the second quarter of 2024, boasting a 76% growth rate. This impressive expansion, marked by 11,928 new registrations, firmly established #logistics as the leading sector in the Kingdom during this period. This surge can be attributed to various factors, including increased investments in #infrastructure, growing #ecommerce activities, and the government's ongoing efforts to diversify the economy away from oil dependence. ▪️The growth of the logistics sector is also aligned with Saudi Arabia's ambitious #Vision2030 plan. This strategic roadmap aims to transform the nation into a global #logistics hub by leveraging its strategic geographic location at the crossroads of #Asia, #Europe, and #Africa. The government has initiated several projects to achieve this #vision, including the #development of world-class ports, #airports, and transportation networks, as well as the implementation of advanced technologies such as #artificialintelligence and #automation to enhance efficiency and streamline operations. ▪️The promising growth of the logistics sector not only signifies a positive economic trajectory for Saudi Arabia but also creates a wealth of opportunities for #businesses and #investors. The expanding logistics infrastructure and the increasing demand for efficient #supplychain solutions are expected to fuel further growth in the sector, making it an attractive market for both domestic and international players. The continued development of the logistics sector will play a crucial role in driving #economicdiversification, creating #jobs, and enhancing the Kingdom's competitiveness on the global stage.
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Mawani Hosts Strategic Meeting with Global Feeder Vessel Leaders Shipping Arabia, November 23, 2024 — The Saudi Ports Authority (Mawani) convened a strategic meeting with top global feeder vessel companies in Dubai, UAE, under the theme "Sail to the Kingdom’s Ports." The event aimed to enhance connectivity between Saudi ports and their global counterparts, elevating their competitiveness on regional and international scales. The meeting spotlighted the transformative developments across Saudi ports, including major infrastructure enhancements, the deployment of state-of-the-art container terminal equipment, and the introduction of advanced marine service vessels to boost operational efficiency. Participants explored the latest technological innovations implemented at the ports and discussed the expansion of capacity to deliver superior operational services. Key initiatives to support and empower shipping lines operating within Saudi ports were also unveiled. Collaboration and strategic partnerships with leading feeder vessel companies were central to the discussions, focusing on joint action plans to strengthen port connectivity, improve logistics services, and streamline trade flows. These efforts aim to position Saudi ports as essential nodes in the global maritime network. This initiative aligns with the objectives of the National Strategy for Transport and Logistics Services and Saudi Vision 2030, reinforcing the Kingdom's ambition to become a global logistics hub and a strategic bridge connecting three continents. By fostering robust partnerships and advancing port capabilities, Mawani continues to play a vital role in supporting Saudi Arabia’s economic growth and international trade integration. Source: Saudi Ports Authority #Mawani #SaudiArabia #Feeders #Connectivity
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Saudi Arabia to host Global Logistics Forum in October. Exciting developments are unfolding in Saudi Arabia’s logistics and transportation sectors. With a 76% surge in new business registrations in Q2 2024, logistics is the Kingdom’s fastest-growing sector, marking an era of leadership and innovation. 🔹 From October 12-14, Riyadh will host the Global Logistics Forum, where industry leaders and government officials will gather to discuss sustainability, technology adoption, and supply chain resilience. 🔹 The forum aligns with Vision 2030 and the National Transport and Logistics Strategy, aiming to position Saudi Arabia as a global logistics hub linking Asia, Africa, and Europe. Key highlights: 🔹 Over 10,000 participants and 100+ speakers will share insights on overcoming logistics challenges. 🔹 Saudi Arabia’s rapid rise in the World Bank Logistics Performance Index, climbing 17 spots! 🔹 Major wins in the port sector, with three Saudi hubs featured in Lloyd's List One Hundred Ports 2024, highlighting the country's global influence. The Saudia Group’s record-breaking purchase of 105 Airbus planes, signaling growth in civil aviation and airport investments. The Kingdom’s strategic position, supported by world-class infrastructure and mega-events like Expo 2030 and the 2034 FIFA World Cup, is creating immense opportunities for global logistics players. With a $1.81 trillion GDP, Saudi Arabia is ready to redefine global trade and logistics. Looking forward to connecting with industry leaders and shaping the future of global logistics! Let's explore how we can collaborate to maximize these opportunities. #SaudiVision2030 #GlobalLogistics #LogisticsInnovation #SupplyChainResilience #TradeRoutes #TransportStrategy #SaudiBusiness #BusinessStrategy #KSAOpportunities #Entrepreneurship #Riyadh #BusinessGrowth #InvestmentOpportunities #Arabianproperties
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# 🌟 A Leap Towards Becoming a Logistics Hub: KSA's Rising Global Ranking 🌟 Saudi Arabia is making significant strides in its ambition to become a leading logistics hub on the global stage! Recently, the Kingdom achieved a remarkable milestone by ranking **15th globally** in logistics, moving up from its previous position of 16th. This progress highlights the effectiveness of Saudi Arabia's strategic initiatives, particularly through enhancing its seaports and container handling capabilities. ## 🚀 Key Highlights ### 🌍 Global Ranking - **KSA Ranks 15th**: This ascent showcases the Kingdom's commitment to improving its logistics infrastructure and services. - **Annual Improvement**: Continuous enhancements in container handling capacity reflect the hard work of the Saudi Ports Authority (Mawani) and its stakeholders. ### ⚓ Port Rankings Three major Saudi ports are now among the top 100 ports in the world: 1. **Jeddah Port**: Ranked 32nd 2. **King Abdullah Port**: Ranked 70th 3. **King Abdulaziz Port**: Ranked 82nd These rankings underscore the ports' operational efficiency and their vital role in facilitating international trade. ## 🔗 Strategic Importance of Ports Saudi Arabia's ports are crucial gateways for trade, connecting the Kingdom to global markets. Enhancements in port infrastructure aim at: - **Increasing Capacity**: Expanding handling capacity to meet growing international trade demands. - **Reducing Turnaround Times**: Implementing advanced technologies to streamline operations. - **Enhancing Connectivity**: Improving logistics networks for smoother transportation of goods. As Saudi Arabia invests in its logistics sector, these recent ranking improvements are a testament to the Kingdom's vision for economic diversification and growth. By focusing on becoming a logistics hub, Saudi Arabia is not only enhancing its position in the global marketplace but also contributing to the overall economic development of the region.🚢✨
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Saudi Arabia and China Partner to Launch Major Logistics Hub Saudi Arabia and China are strengthening their economic ties through a new collaborative effort to establish the Kingdom Sino-Logistics Special Economic Zone (SEZ) in Riyadh. This initiative is part of Saudi Arabia's Vision 2030, aimed at diversifying the economy and boosting the nation’s logistics sector. The SEZ will serve as a hub for logistics services, facilitating trade and transportation between Asia, Europe, and Africa. ewpartners is partnering with the King Salman International Airport Development Company to lead the project. The Kingdom Sino-Logistics SEZ will span 4 square kilometers and develop in four phases over 12 years. According to Jerry Li, founder and managing partner of Ewpartners, the zone will create an integrated ecosystem for global enterprises, logistics facilities, supply chains, and high-end manufacturing. It aims to attract over 3,000 wholesalers and retailers and about 200 light industrial manufacturers, supporting Saudi Arabia’s regional and global distribution capabilities. #logistics #globallogistics #logisticshub #supplychain #globalsourcing #chinasourcing
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Unlocking Growth Opportunities: Saudi Arabia's Vision 2030 Propels Logistics Sector Expansion! This visionary plan emphasizes collaboration with the private sector, infrastructure enhancement, and regional connectivity to establish Saudi Arabia as a leading logistics platform. With its strategic geographical location at the intersection of major trade routes, Saudi Arabia holds a unique advantage. It boasts access to the Arabian Gulf and the Red Sea, making it the sole Gulf country with such a distinction. Notably, a significant portion of global oil exports traverse the Arabian Gulf, while the Red Sea facilitates 13% of the world's trade. These factors position Saudi Arabia to connect markets inhabited by over 6 billion people naturally. As a result, Saudi Arabia has experienced a remarkable advancement of 72 places in the trade index, underscoring its growing prominence in global trade. This offers tremendous growth potential for the logistics sector, presenting exciting opportunities for businesses and investors. At Levari Law, we are thrilled to witness the unfolding prospects and possibilities that lie ahead for the logistics industry in Saudi Arabia. Join us in embracing this transformative vision and seizing the abundant opportunities it presents. #SaudiArabia #Vision2030 #LogisticsSector #GrowthOpportunities #InfrastructureEnhancement #RegionalConnectivity #LevariLaw #TradeIndexAdvancement
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Seminar held to boost exports to the European Union MUSCAT: The Oman Manufacturers Association, in cooperation with the Ministry of Commerce, Industry and Investment Promotion (MoCIIP), on Monday organised a knowledge seminar on exporting to the European Union, at the Invest Oman hall in the Civil Aviation Building at the Airport Heights. The event was sponsored by Qais bin Mohammed al Yousef, Minister of Commerce, Industry and Investment Promotion, with the participation of a group of experts and diplomats. Read more: https://lnkd.in/dujP_KVS Ministry of Commerce, Industry & Investment promotion OMFA Oman Siemens #Oman #EU #Trade #OmanBiz
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