Saudia Cargo has signed a sponsorship agreement with the Kingdom of Saudi Arabia’s first female, accredited rally driver at Rally Dakar, Mashael AlObaidan, as part of the company’s continuous contributions to the Kingdom’s various entertainment and sporting events. The 33-year-old ambitious driver is ready to take part in Rally Dakar in 2022, as the first Saudi and Arab female participant, in the prominent worldwide race event. The event will kick off next year in Saudi Arabia for the third time in a row with drivers of 70 nationalities participating in Rally Dakar’s five different categories. The rally track will start…
Author: Jochebed Menon
Jochebed Menon
Jochebed Menon is the Editor of Logistics News Middle East. She covers issues related to the logistics and supply chain industries in the region. She’s been a journalist since 2012 and has primarily worked on B2B titles in travel, hospitality, aviation, and construction.
In a special report on the 10th anniversary of the DHL Global Connectedness Index, DHL and the NYU Stern School of Business highlight strong links between global connectedness and prosperity. The UAE is among the five countries that the report examines (other being Mexico, The Netherlands, Sierra Leone, and Vietnam,) which have stood out for their strong or rising connectedness over the past two decades. The various paths these countries took to greater connectedness show that there is no one-size-fits-all prescription – instead, each country can pursue the international opportunities that make the most sense in its own local context.…
Ajman Free Zone (AFZ) announced that it witnessed a remarkable performance in the third quarter of 2021, with a total of 349 new companies registering with the Free Zone. The growth in the number of newly registered companies during the said period reflects the rising confidence of investors in AFZ’s services, facilities, and incentives. The education sector that marked a 34% growth in Q3 2021 is the fastest-growing sector in the Free Zone, followed by advanced technology and health sectors in the second position. The advanced technology sector marked a 21% rise in the number of new technology companies in…
Utico revealed that the record-breaking world’s lowest water tariff project, the Hassyan Sea Water Reverse Osmosis (SWRO), is on course for a timely completion. The Dubai Electricity and Water Authority (DEWA) is the project shareholder along with Utico and 100% offtaker of the water from the largest Independent Water Project (IWP) in Dubai. The 120MIGD Phase 1 project being built includes facilities for expansion to 240million gallons a day and is slated for completion in the coming years, Utico said. The project billed as the most Sustainable Desal Project in the region, and path breaking for its design, power consumption…
ACWA Power, a developer, investor and operator of power generation, water desalination and green hydrogen plants, announced executive changes at the C-suite level. Rajit Nanda, the company’s Chief Portfolio Management Officer, is stepping down from his role in January 2022, to pursue other interests. Kashif Rana, ACWA Power’s Chief Financial Officer (CFO), who has held this position for over eight years and steered the company through its successful public listing, will take over the portfolio management role, while remaining the CFO, Rana will be assisted by Nanda for a few months in an advisory capacity to help with the transition.…
One hundred and twenty-five years have passed since Mercedes-Benz unveiled the world’s first motorised truck and yet the company’s commitment to market-defining quality and reliability remains as strong today as it ever was. In what was quickly recognised as a standout moment for the automotive industry, engineer Gottlieb Daimler, one of the two founders of Daimler-Benz AG (the other being Carl Benz), unveiled his invention in 1896. The three-pointed-star is testament of the brand Mercedes-Benz that is the most famous brand of the former Daimler-Benz AG. A triumph of engineering, the truck known as the Phoenix had a four-horsepower strong,…
SAL Saudi Logistics Services – a member of Saudi Arabian Airlines Corporation – launched the extension of its new Jeddah Station under the honorable patronage of His Excellency Eng. Saleh Al-Jasser, Minister of Transport & Logistics on 19 December. Chairman of the SAL Board, Fawaz Al Fawaz, pointed out that the launch of the new extension comes in parallel with the National Industrial Development Program (NIDLP) – one of Vision 2030’s most prominent programmes – aiming at transforming the Kingdom into a global logistics hub, contributing to a robust and diversified economy, sustaining the growth of the sector, and creating…
Select Group, the global property developer, and its joint venture partner Emirates Strategic Investments Company (ESIC), has signed a management agreement with Six Senses Hotels Resorts Spas to develop the ultra-luxury operator’s first branded residences and hotel in the UAE. Construction is set to commence in January 2022, with a targeted completion date of Q4 2024. The development will be set across an area of 1.2 million sqft and the partnership with Six Senses enhances Select Group’s growing residential development portfolio, with over 7,000 residential units handed over to its customers and an additional 3,750 residential units in the pipeline.…
A.P. Møller – Mærsk A/S (Maersk) has reached an agreement to acquire 100% of the shares in LF Logistics Holdings Limited (LF Logistics) in an all-cash deal. LF Logistics is a well-established and strongly positioned Asia-Pacific-based omnichannel fulfilment contract logistics company. The acquisition will further strengthen Maersk’s capabilities as an integrated container logistics company, offering global end-to-end supply chain solutions to its customers. Soren Skou, CEO of Maersk, said: “The acquisition of LF Logistics is an important and truly strategic milestone on our journey to become the global integrator of container logistics; a global logistics company that provide digitally enabled…
SNC-Lavalin has received a programme management office (PMO) consultancy services contract by The Royal Commission for Riyadh City (RCRC) in the Kingdom of Saudi Arabia to support its Architectural Projects Programme (APP) Department. The programme will play a key role in the transformation of iconic architectural, landscape and urban planning projects that will benefit the wider society and help position Riyadh as one of the top 100 cities in the world. As part of the two-year contract, SNC-Lavalin will provide programme and project management services integrated with digital solutions. This will cover the entire project management cycle from project study…