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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

Today marked a significant milestone for Riyadh Air | طيران الرياض as it launched its first non-commercial flight from the capital’s King Khalid International Airport as part of its certification process. This was a crucial step in #SaudiArabia’s second national carrier toward full certification and obtaining an Air Operator Certificate from the GACA - General Authority of Civil Aviation - Saudi Arabia. The Public Investment Fund (PIF)’s subsidiary, chaired by Yasir Al Rumayyan, was unveiled in March 2023 by Crown Prince Mohammed bin Salman as part of the Kingdom’s drive to become a global #aviation leader by expanding connectivity to over 250 destinations and tripling annual passenger traffic to 330 million. Read more about the development: https://arab.news/z44ad #Vision2030 Saudi Vision 2030

King Salman International Airport: A Gateway to Saudi Arabia's Economic Transformation 🇸🇦 | مطار الملك سلمان الدولي The King Salman International Airport, poised to become a cornerstone of Saudi Arabia's aviation infrastructure, promises not just connectivity but also a significant economic boost. Strategically located in Riyadh, the airport's ambitious plans include six parallel runways, a testament to the kingdom's vision for a robust aviation sector. Expected to contribute a substantial SR27 billion ($7.18 billion) annually to Saudi Arabia's non-oil GDP, the airport's economic impact is set to be profound. It aligns with Saudi Arabia's broader economic diversification goals, aiming to reduce dependence on oil revenue. The airport's capacity expansion reflects the kingdom's anticipation of exponential growth in passenger and aircraft traffic, projecting an increase from 29 million to 120 million travelers by 2030 and a staggering 185 million by 2050. https://lnkd.in/g2e-AjXc #modalisnewsfeed #airportir #airports #saudiarabia #pif #infrastructure #publicinfrastructurefund #riyadh #airportdevelopment #ksia

UK companies win contracts for new Riyadh airport | AGBI Saudi Arabia plans to significantly expand King Salman International Airport in Riyadh, aiming to increase annual passenger capacity from 29 million to 120 million by 2030. British and American companies have been awarded contracts for the airport's development, with Foster + Partners designing the master plan and Jacobs providing consultancy services. The new airport will feature six runways and integrate existing terminals from King Khalid International Airport. Although a construction start date has not been announced, the project is part of broader efforts to enhance air traffic efficiency using advanced technologies. This initiative follows a notable rise in Saudi air passengers and increased spending by GCC tourists in the country. #RiyadhAirport #UKContracts #AviationNews #SaudiInfrastructure #RiyadhDevelopment #AirportExpansion #GlobalAviation

The signing of a major contract between SAL Saudi Logistics Services Company and Riyadh Airports Company signifies a major investment in the country's aviation #infrastructure. The agreement, which is worth SAR 458 million ($122 million), is centred on the improvement and leasing of air cargo facilities at King Khaled International Airport in Riyadh's Cargo Village. The agreement, signed on May 21st, details plans for the building of over 90,000 square metres of air cargo infrastructure over a 20-year period, according to an official declaration to the market. This #partnership has the potential to improve the airport's logistical capacities and position it as a key centre for cargo operations in the area. SAL expects to invest SAR 350 million in the project, with the possibility of up to SAR 500 million in lease cost savings over the course of the contract. The collaboration demonstrates a dedication to strengthening Saudi Arabia's standing in the world #logistics arena, promoting efficiency and economic growth in the aviation industry. To share your startup story write us on - contact@startuprise.org #Partnership #Collabration #Logistics #SaudiArabia #Aviation #Cargo

Saudi Sovereign Fund Contemplates Acquisition of Flagship Carrier #Saudia The #PublicInvestmentFund (PIF) is reportedly exploring the purchase of Saudi Arabia's national airline, Saudia, to boost the tourism and transportation sectors, aligning with #Vision2030 objectives. This strategic move could reshape the aviation landscape and enhance Saudia's competitive edge in the global market. For more information, visit Saudi Business News. Link in bio. #SaudiBusiness #SaudiNews #Vision2030 #SaudiArabia #PIF #Saudia #Airlines #Tourism #Transportation #GlobalMarket #RiyadhAir #Airbus #Boeing #Investment #BusinessStrategy

Saudi Arabia to launch new airline targeting African market, approved by Saudi regulatory authorities and AFCAC. Aims to enhance tourism and investment ties between Saudi Arabia and Africa. Part of broader strategy to revive previously operational carrier, expand presence across continent. Details on launch timeline and routes undisclosed but plans to introduce air links connecting Saudi cities with multiple African destinations. Assessing commercial opportunities, investment size, operational stages, and selecting trade name. Emphasis on Africa reflects Riyadh's interest in strengthening economic and cultural ties. Expected to elevate Saudi Arabia's status as global aviation hub and support Vision 2030 economic diversification goals. #Saudi #airline #africa #travel

An approval from Saudi Arabia and an approval from the African Civil Aviation Commission have been obtained. A new airline focusing on the African market will be launched by Saudi Arabia, according to reports. In a report citing multiple sources, Saudi Arabia's Al Eqtisadiah Arabic newspaper reported that the airline will launch in Riyadh to promote tourism and investment in the kingdom and the African continent. According to the report, Saudi Arabia and the African Civil Aviation Commission (AFCAC) have approved the project. Al Eqtisadiah said the company's routes and details of the launch are still to be announced. It will be the relaunch of a defunct airline that operated in Saudi Arabia between 2016 and 2021 but was forced to shut down because of economic difficulties. Several African countries and Saudi cities are expected to be served directly and via stopover flights by the new airline, Al Eqtisadiah said. #ksa #saudi #saudiarabia #saudivision2030 #riyadh2030 #business #growth #finance #funding #airlines #africa Source - Zawya

This post educates about the importance of the Saudi Rail 2024 exhibition and sponsorship event. The event signifies a period of significant growth and innovation in Saudi Arabia. As transformative projects emerge throughout the Kingdom, it becomes essential for the global rail industry to converge and deliberate on the long-term strategic vision of Saudi Arabia's transport infrastructure stakeholders. It highlights the necessity for collaboration and discussion to ensure the advancement and sustainability of the transportation sector in the country. #SaudiRail2024 #TransportInnovation #GlobalCollaboration

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