13 Entities Highlight Development of Saudi Logistics Services at Shanghai Expo

The Saudi pavilion at the International Transportation and Logistics Expo (CITLE) in Shanghai, China. (Asharq Al-Awsat)
The Saudi pavilion at the International Transportation and Logistics Expo (CITLE) in Shanghai, China. (Asharq Al-Awsat)
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13 Entities Highlight Development of Saudi Logistics Services at Shanghai Expo

The Saudi pavilion at the International Transportation and Logistics Expo (CITLE) in Shanghai, China. (Asharq Al-Awsat)
The Saudi pavilion at the International Transportation and Logistics Expo (CITLE) in Shanghai, China. (Asharq Al-Awsat)

Thirteen Saudi entities working in the transportation and logistics services are highlighting the Kingdom’s infrastructure development in the maritime, land, air and rail sectors at China’s International Transportation and Logistics Expo (CITLE), underway in Shanghai from June 25-27.

Saudi Arabia witnessed rapid progress in the transportation and logistics services sector after it developed a national strategy in 2021 that defines the country’s ambitious path and goals to consolidate its position as a global logistics hub linking the three continents.

Entities participating in the Shanghai exhibition include the Ministry of Transport and Logistics Services, the Ministry of Investment, the National Industrial Development and Logistics Services Program (NIDLP), the General Authority of Civil Aviation, the Transport General Authority, as well as the Zakat, Tax and Customs Authority, and other bodies concerned with transportation and logistics services.

The participation of Saudi government entities aims to shed light on the progress achieved and work to promote cooperation with local and international markets with the aim to develop the sector, take advantage of the Kingdom’s distinctive geographical location, and enact regulations and legislation to create a stimulating and attractive investment environment that will transform Riyadh into a global logistics platform.

The expo is considered Asia’s leading trade fair for logistics, transportation, information technology and supply chain management. It also serves as a business platform for the logistics and transportation industry and features comprehensive programs and a number of conferences.



Saudia Group Signs Deal with Airbus to Acquire up to 20 Wide-Body Aircraft

Saudia Group announced a new aircraft deal with Airbus to enhance its fleet - AFP
Saudia Group announced a new aircraft deal with Airbus to enhance its fleet - AFP
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Saudia Group Signs Deal with Airbus to Acquire up to 20 Wide-Body Aircraft

Saudia Group announced a new aircraft deal with Airbus to enhance its fleet - AFP
Saudia Group announced a new aircraft deal with Airbus to enhance its fleet - AFP

Saudia Group announced in a press release on Wednesday a new aircraft deal with Airbus to enhance its fleet by adding up to 20 new wide-body A330neo aircraft, 10 of which are firm orders for flyadeal, the group’s low-cost carrier.
The signing ceremony was held at the Airbus factory in Toulouse, France, attended by Saudia Group Director General Ibrahim Al-Omar and Airbus Commercial Aircraft business CEO Christian Scherer. The deal was signed by Saudia Group Vice President of Fleet Management Saleh Eid and Airbus Executive Vice President of Sales of Commercial Aircraft Benoît de Saint-Exupéry, SPA reported.
Al-Omar stated: “Today’s deal marks a pivotal milestone in our ambitious strategy to modernize and expand our fleet. It builds on last year’s historic deal with Airbus for 105 aircraft. This step aligns with our national strategies under Saudi Vision 2030, which aim to connect 250 destinations and facilitate the travel of over 330 million travelers and 150 million tourists by 2030.”
He added: “This deal supports Saudia Group’s plans to grow and improve its operations. It adds to the modernization of our fleet, improves aircraft maintenance, and makes our overall operations more efficient.”
According to the release, Saudia Group currently operates a fleet of 194 aircraft, serving commercial aviation, cargo operations, and logistics services. "The group is set for significant expansion, with 191 new aircraft scheduled for delivery in the coming years," it added.