KSA: Mawani Initiatives Limit Rise in Commodity Prices

 Mawani adopts measures to support the stability of commodity prices in the local market. (Asharq Al-Awsat)
Mawani adopts measures to support the stability of commodity prices in the local market. (Asharq Al-Awsat)
TT
20

KSA: Mawani Initiatives Limit Rise in Commodity Prices

 Mawani adopts measures to support the stability of commodity prices in the local market. (Asharq Al-Awsat)
Mawani adopts measures to support the stability of commodity prices in the local market. (Asharq Al-Awsat)

The measures and initiatives launched by the Saudi Ports Authority (Mawani) resulted in curbing the sharp rise in global shipping costs, thus limiting the increase of commodity prices that was registered globally following the Covid-19 pandemic.

Thanks to the initiatives launched by Mawani, the increase in commodity prices in the Kingdom was below international rates.

Logistics Specialist Nashmi Al-Harbi told Asharq Al-Awsat that the success of the economic plans could raise the Kingdom’s position in the global logistic performance index, and ensure huge flows in supply chains.

He underlined that Saudi ports were witnessing a significant growth in the number of ships and transshipments. This is a positive and motivating indicator for shipping companies and ship owners, who will put the Saudi ports on the master traffic plan, instead of some other ports, Al-Harbi said.

He added that the programs launched by Mawani were aligned with the goals of Saudi Vision 2030, which seek to transform the Kingdom into a global logistics platform.

The Saudi Ports Authority had implemented 17 qualitative initiatives in support of all beneficiaries of maritime transport services. Those programs contributed to achieving food security and a continued flow of goods and supply chains, in line with the objectives of the national strategy for transport and logistics services.

Moreover, Mawani has adopted a number of exceptional measures, including strengthening partnership with shipping lines, ensuring the efficiency of ship handling operations and facilitating and re-engineering the procedures for loading transshipment containers.

The authority worked on reviewing the obstacles facing shipping lines and finding the appropriate solutions, and organized a number of joint workshops with the private sector to discuss opportunities to support exporters and importers, with the aim of improving the customer experience, facilitating and simplifying procedures and increasing operational efficiency.



King Khalid International Airport Ranks 24th Globally in Skytrax 2025 List

A Saudi man checks the flight timings at the King Khalid International Airport in Riyadh, Saudi Arabia, May 16, 2021. REUTERS/Ahmed Yosri
A Saudi man checks the flight timings at the King Khalid International Airport in Riyadh, Saudi Arabia, May 16, 2021. REUTERS/Ahmed Yosri
TT
20

King Khalid International Airport Ranks 24th Globally in Skytrax 2025 List

A Saudi man checks the flight timings at the King Khalid International Airport in Riyadh, Saudi Arabia, May 16, 2021. REUTERS/Ahmed Yosri
A Saudi man checks the flight timings at the King Khalid International Airport in Riyadh, Saudi Arabia, May 16, 2021. REUTERS/Ahmed Yosri

Riyadh Airports Company (RAC), which manages and operates King Khalid International Airport, announced that the airport achieved 24th place in Skytrax's 2025 World Airport Awards — climbing 11 spots from the previous year and ranking highest among Saudi airports in the global survey of 580 airports, SPA reported.
The announcement was made during the Passenger Terminal Expo held in Madrid, Spain, from April 8 to 10.
The airport won Skytrax's 2025 "Best Airport Staff” in the Middle East award, ranked third for “Best New Airport Terminal” globally, and secured fourth place in the "Best Airport Worldwide” 30-40 million passengers category. The awards were presented by Skytrax, the global organization evaluating airlines and airports since 1999.
RAC chief executive Ayman bin Abdulaziz AboAbah described the airport’s advancement to the higher ranking as the most significant achievement of the year, considering it a testament from passengers and users who experienced its services across hundreds of arriving and departing flights.