Companies Alliance Initiates Development of Saudi Arabia’s NEOM Port

A glimpse of NEOM Port, Saudi Arabia (Asharq Al-Awsat)
A glimpse of NEOM Port, Saudi Arabia (Asharq Al-Awsat)
TT

Companies Alliance Initiates Development of Saudi Arabia’s NEOM Port

A glimpse of NEOM Port, Saudi Arabia (Asharq Al-Awsat)
A glimpse of NEOM Port, Saudi Arabia (Asharq Al-Awsat)

In northern Saudi Arabia, a consortium comprising allied companies has embarked on the initial phase of the NEOM port area development. This endeavor encompasses the allocation of contracts for the construction of numerous mobile cranes and container stations, forming integral components of the primary preparations preceding the port’s launch.

NEOM, on Wednesday, opened the port to investors and businesses. The port, which is being transformed into the primary seaport of entry to the northwest of Saudi Arabia, was earlier known as Duba Port.

Duba Port’s management was transferred from national maritime regulator Mawani to NEOM in 2022.

Transferring the port’s management aligns with national transformation policies to regulate port operations and establish global logistics centers, strengthening Saudi Arabia’s international market connections.

The port is located within the Oxagon complex for advanced and sustainable industries, serving as the primary maritime gateway to the northwestern region of the Kingdom.

Since the transfer process, the port has witnessed numerous development activities, enhancing its infrastructure and capabilities to accommodate the growing volume of goods arriving at NEOM. This includes an increase in container handling and general cargo operations.

Nadhmi Al Nasr, Chief Executive Officer, NEOM said: “The Port of NEOM will be pivotal to the continued commercial competitiveness, economic diversification and maritime trade ambitions of the Kingdom. Our vision is to build one of the world’s most technologically advanced, efficient and sustainable ports with the first fully integrated and automated supply chain and logistics network, and this first phase of development is a step towards realizing that.

Located on the Red Sea, at the crossroads of global trading routes, the port will be a critical enabler for NEOM and a catalyst for broader economic development in the region. Our investment to date of over SAR 7.5 billion and our intention to open the first advanced terminal in 2025 demonstrates our commitment to the vision.”

“The Port of NEOM will be a critical enabler to the overall build, operations and economic ambitions of NEOM – from the import of goods and materials during the development phase and as a new global port serving the region. This is particularly important as development accelerates and businesses across NEOM come on-stream,” said Sean Kelly, Managing Director – Port of NEOM.

Bolstering connectivity to global markets, the first fixed call container service is being operated by CMA CGM – a global player in sea, air, land, and logistics solutions. With Port of NEOM added to their existing JEDDEX service, this is the first direct connection to and from NEOM through CMA CGM’s global network. In addition, the port sees multiple ad-hoc vessel calls with consignments carrying materials and goods that support the ongoing development across NEOM.

Contracts for design, dredging and quay wall construction, and cargo handling equipment have been recently awarded. Jacobs was named as the main design consultant with Moffatt and Nichol, IGO and Trent as main subconsultants; the redesign project, valued at over SAR 180 million, spans terminals, warehouses, rail delivery, infrastructure, a sustainable energy network and more.



Saudi Arabia, Japan Sign Memorandum on Peaceful Use of Space

The Saudi Space Agency signed a memorandum of cooperation with the Japanese government on the peaceful use of outer space. (SPA)
The Saudi Space Agency signed a memorandum of cooperation with the Japanese government on the peaceful use of outer space. (SPA)
TT

Saudi Arabia, Japan Sign Memorandum on Peaceful Use of Space

The Saudi Space Agency signed a memorandum of cooperation with the Japanese government on the peaceful use of outer space. (SPA)
The Saudi Space Agency signed a memorandum of cooperation with the Japanese government on the peaceful use of outer space. (SPA)

The Saudi Space Agency signed a memorandum of cooperation with the Japanese government on the peaceful use of outer space on the sidelines of the Saudi-Japan Ministerial Investment Forum.

The memorandum was signed with Japan’s Cabinet Office, the Ministry of Education, Culture, Sports, Science and Technology, and the Ministry of Economy, Trade and Industry, the Saudi Press Agency reported on Monday.

Minister of Communications and Information Technology and Chairman of the Board of the Saudi Space Agency Abdullah Alswaha represented the agency during the signing.

The move underscores the Kingdom’s commitment to enhancing international cooperation in peaceful space activities and supporting strategic partnerships in the sector. It aims to establish a framework for cooperation in space science and technology, capacity building, and the exchange of expertise, contributing to the development of the space sector and promoting the peaceful uses of outer space.

The Saudi Space Agency affirmed that the agreement builds on the Kingdom’s ongoing efforts to strengthen international partnerships in the space sector and to play an active role in shaping a global space ecosystem that supports research and innovation and serves humanity.


Saudi-Canadian Business Forum Explores Opportunities to Strengthen Investment

The Saudi-Canadian Business and Investment Forum was held on Sunday. (SPA)
The Saudi-Canadian Business and Investment Forum was held on Sunday. (SPA)
TT

Saudi-Canadian Business Forum Explores Opportunities to Strengthen Investment

The Saudi-Canadian Business and Investment Forum was held on Sunday. (SPA)
The Saudi-Canadian Business and Investment Forum was held on Sunday. (SPA)

The Saudi-Canadian Business and Investment Forum was held on Sunday in Riyadh under the “Invest Saudi” umbrella, with the participation of Minister of Investment Eng. Khalid Al-Falih, Canadian Minister of International Trade Maninder Sidhu, and several senior officials and representatives from major companies in both countries.

The forum reviewed prospects for investment partnerships across a number of key sectors, including digital transformation, infrastructure, defense, and other areas of mutual interest, with a focus on strengthening cooperation and increasing investment flows between Saudi and Canadian companies, the Saudi Press Agency reported.

Six memoranda of understanding were signed during the forum in the fields of communications, information technology, cybersecurity, education, and manufacturing. In addition, private-sector workshops were held to facilitate dialogue between investors, exchange expertise, and explore opportunities for joint ventures and long-term cooperation.


Saudia to Launch Riyadh-Kozhikode Flights in February

Saudi Arabian Airlines plane, is seen at the airport of the Red Sea resort of Sharm el-Sheikh, Egypt, August 9, 2021. Picture taken through a window. REUTERS/Mohamed Abd El Ghany/File Photo
Saudi Arabian Airlines plane, is seen at the airport of the Red Sea resort of Sharm el-Sheikh, Egypt, August 9, 2021. Picture taken through a window. REUTERS/Mohamed Abd El Ghany/File Photo
TT

Saudia to Launch Riyadh-Kozhikode Flights in February

Saudi Arabian Airlines plane, is seen at the airport of the Red Sea resort of Sharm el-Sheikh, Egypt, August 9, 2021. Picture taken through a window. REUTERS/Mohamed Abd El Ghany/File Photo
Saudi Arabian Airlines plane, is seen at the airport of the Red Sea resort of Sharm el-Sheikh, Egypt, August 9, 2021. Picture taken through a window. REUTERS/Mohamed Abd El Ghany/File Photo

Saudia Airlines has added Kozhikode, India, to its network of scheduled international destinations, marking its seventh destination in the country alongside Bangalore, Mumbai, Kochi, Delhi, Hyderabad, and Lucknow, as part of the airline’s strategy to reach new international markets, connect the Kingdom to the world through its modern fleet, and strengthen its global competitive position, SPA reported.

Flights to Kozhikode will begin on February 1, 2026, with four weekly departures from King Khalid International Airport in Riyadh.

Reservations are available through the airline’s website and mobile applications.

The addition of Kozhikode further expands Saudia's growing operational network, which now covers over 100 destinations across four continents and operates more than 550 domestic and international flights daily.