Saudi Arabia and Romania Sign Landmark Agreement to Boost Logistics Services. In a significant move to enhance global logistics, Saudi Arabia and Romania have signed a memorandum of understanding (MoU) to promote logistics services between the two nations. 🔹 Key Highlights: Vision 2030 Alignment: This MoU aligns with Saudi Arabia’s Vision 2030 and National Industrial Strategy, aiming to position the Kingdom among the top 10 countries in logistics services. Economic Exchange: In 2022, Saudi Arabia’s exports to Romania amounted to $15.1 million, while Romania’s exports to the Kingdom stood at $410 million. Operational Excellence: The agreement will introduce the latest operational methods, harmonizing policies, and regulations to foster logistics governance and licensing. Strategic Visit: Minister of Transport and Logistics Services Saleh Al-Jasser, accompanied by the Ambassador of the Kingdom to Romania, Mohammed Abdul Ghani Khayat, visited Bucharest International Airport. The visit included: Comprehensive services overview in passenger management, cargo operations, and air carriers. Discussions with TAROM officials on operational capacity and fleet size. Historic Collaboration: This MoU marks another step in the strong Saudi-Romanian partnership, following the 2022 defense cooperation agreement covering training, expertise exchange, and technology development. Future Prospects: The collaboration is set to exchange and support experiences, promote the latest developments in logistics, and enhance both nations' capabilities in logistics governance. #SaudiArabia #Romania #Logistics #Vision2030 #BusinessGrowth #GlobalPartnerships
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Egypt and Saudi Arabia Discuss Expanding Industrial, Transport, and Logistics Cooperation Shipping Arabia, August 02, 2024 — In a pivotal meeting aimed at deepening bilateral ties, Eng. Kamel El-Wazir, Egypt’s Vice Prime Minister for Industrial Development and Minister of Industry and Transport, hosted Eng. Khalid Al-Falih, the Saudi Minister of Investment. The discussions focused on enhancing cooperation in industry, transport, and logistics, attended by dignitaries including the Saudi Ambassador to Egypt and key leaders from both nations. Vice Prime Minister El-Wazir highlighted the strategic directives from President Abdel Fattah El-Sisi to boost economic partnerships with Saudi Arabia, underscoring the readiness of Egypt’s transport and industry sectors to support this initiative. He elaborated on Egypt’s ambitious projects, including the development of seven integrated international logistics corridors connecting major industrial and urban centers with seaports, aimed at transforming the logistic frameworks of the region. Minister Al-Falih reaffirmed Saudi Arabia's commitment to enhancing economic cooperation, expressing strong interest from Saudi companies in investing in Egypt's expanding industrial and logistics landscape. He emphasized the strategic importance of projects that align with mutual economic interests, particularly in logistics, which serve as a backbone for substantial bilateral cooperation. El-Wazir detailed significant corridors such as the Ain Sokhna - Alexandria corridor, which links key industrial zones with major seaports, facilitating swift and secure transport of goods and bolstering the logistic capabilities of the region. He also highlighted the Cairo/Alexandria and Al-Arish/Taba logistic corridors, pivotal in enhancing the connectivity across Egypt’s vast geographic span. The meeting concluded with mutual recognition of the vast opportunities for investment in Egypt’s maritime and transport sectors. Both ministers expressed optimism about the future, noting the ongoing efforts to foster a conducive environment for thriving Saudi-Egyptian partnerships in industry, transport, and logistics. This engagement marks a significant step towards realizing President El-Sisi's vision of enhanced cooperation with Saudi Arabia, promising a future of robust economic growth and integrated development between the two nations. Source: Ministry of Transportation - Egypt #Egypt #Maritime #SaudiArabia #Transportation #Logistics
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A few weeks ago, a historic event took place in relations between Ukraine and the UAE - the countries finalized negotiations on the signing of a comprehensive economic partnership agreement. 🔔 And today we are pleased to announce the opening of Euro Forwarding's representative office in Dubai. The United Arab Emirates is a powerful trade, economic, and financial hub between Asia and Europe. The Emirates are at the forefront of trade logistics. Moreover, the UAE is currently building the world's largest airport, which is projected to become the most powerful air hub by 2030. 👉 The decision to expand the geography of representative offices in this area is as balanced as possible. Given the specifics of the Euro Forwarding group of companies and the fact that cooperation between Ukraine and the UAE is an entry not only to the Emirates market, but to the Gulf region and the global market in general, we have set a course for Dubai. In addition, when it comes to imports from Asia, transportation of goods through the port of Jebel Ali in the Emirates (sea + air) is a powerful alternative to the Silk Road (from China to Poland by rail), including in terms of transit time. ⭐️ Strengthening the role of Ukrainian logistics in the world is one of the values of the Euro Forwarding group of companies and we are on the right track. 💪 More to come. #euroforwarding #logistics #cargotransportaion #logisticscompany #export #import
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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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#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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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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Bahrain is positioning itself as a competitive gateway for regional and global markets. Ali Al Mudaifa of Bahrain Economic Development Board (EDB) highlighted the Kingdom's unique strengths in logistics, aviation, and manufacturing. Discover more here: https://zurl.co/FOan #Bahrain #Aviation #Logistics #Manufacturing
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Turkmenistan and Türkiye discussed cooperation in the field of international transport On August 16, a meeting between the Consul General of Turkmenistan M. Ovezov and the leadership of the Association of International Road Carriers of Turkey (UND) was held in Istanbul. Representative of the Transport and Logistics Center of Turkmenistan Orazmyrat Hydyrov was also present at the meeting. The parties discussed innovative approaches to the development of transport and logistics, including the use of digital technologies to improve transport infrastructure. Particular attention was paid to strengthening cooperation between Turkmenistan and UND. The meeting participants emphasized the importance of sustainable transport links on a global scale and noted the significance of Turkmenistan’s international initiatives in this area. Both sides expressed confidence in the prospects for increasing transit volumes in the region, especially in light of the large-scale modernization of Turkmenistan’s international transport networks. #Turkmenistan #Türkiye #transport #logistics #cooperation #digitaltechnology #sustainabledevelopment #infrastructure #transit
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Qatar’s strategic positioning at the crossroads of Asia, Europe, and Africa has undoubtedly placed it at the heart of global trade. Its forward-thinking investments in logistics infrastructure have transformed the country into a vital hub, not just for the region but for the world. As global supply chains evolve, Qatar’s ability to seamlessly integrate ports, airports, and free zones is a testament to its vision for resilient, efficient trade connectivity. It’s exciting to witness how these efforts will continue to shape the future of global commerce. #QatarLogistics #StrategicLocation #GlobalTrade #MiddleEastHub #SupplyChainResilience #TradeGrowth #GlobalConnectivity #LogisticsInnovation #QatarTrade #InfrastructureInvestment #LogisticsHub #RegionalCommerce #PortDevelopment #QatarFreeZones #AirportLogistics #GlobalBusiness #TradeConnectivity #SupplyChainSolutions #LogisticsEfficiency #QatarEconomy #InternationalTrade #MiddleEastTrade #GlobalSupplyChain #QatarPorts #TradeInfrastructure #GlobalCommerce
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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'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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