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Saudi Mawani Signs $170 Mln of Deals to Boost Jeddah Islamic Port

Saudi Mawani Signs $170 Mln of Deals to Boost Jeddah Islamic Port
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Saudi Mawani Signs $170 Mln of Deals to Boost Jeddah Islamic Port

Saudi Mawani Signs $170 Mln of Deals to Boost Jeddah Islamic Port

The Saudi Ports Authority (MAWANI) has signed two contracts worth more than 640 million riyals ($170.3 million) to deepen and establish new wharves at Jeddah Islamic port, state news agency SPA reported on Sunday.

This comes within MAWANI's initiatives to promote the maritime transport and logistics sector, and direct more than 160 projects to contribute to achieving substantial transformation in Saudi ports, and develop a maritime sector that consolidates the Kingdom’s position as a global logistics hub.

Saudi ports play a pivotal role in the development of local, regional and international trade.

Saudi ports have achieved the lead among 370 ports globally, with King Abdullah Port topping the 2021 edition of the global Container Port Performance Index (CPPI) developed by the World Bank and S&P Global Market Intelligence, and Jeddah Islamic Port featured in eighth place, while the King Abdulaziz Port placed 14th.

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Saudi Airports to Expand Global Reach at Routes World 2024 in Bahrain

Saudi airports will participate under the theme "Saudi Arabia the Global Hub" at Routes World 2024 in Bahrain. (SPA)
Saudi airports will participate under the theme "Saudi Arabia the Global Hub" at Routes World 2024 in Bahrain. (SPA)
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Saudi Airports to Expand Global Reach at Routes World 2024 in Bahrain

Saudi airports will participate under the theme "Saudi Arabia the Global Hub" at Routes World 2024 in Bahrain. (SPA)
Saudi airports will participate under the theme "Saudi Arabia the Global Hub" at Routes World 2024 in Bahrain. (SPA)

Saudi airports will participate under the theme "Saudi Arabia the Global Hub" at Routes World 2024, which will take place in Bahrain from October 6-8, 2024, the Saudi Press Agency reported on Friday.
The event, considered the aviation industry's premier global gathering, will bring together key players from airlines, airports, and industry stakeholders worldwide to shape the future of air services and promote global economic growth.
The Saudi participation includes some of the kingdom's most important aviation assets: MATARAT Holding, the King Salman International Airport, the Saudi Air Connectivity Program, the Red Sea International Airport, the Riyadh Airports Company, the Jeddah Airports Company, the Dammam Airports Company, and the Airports Cluster 2 Company.
Saudi Arabia's participation aims to transform its aviation sector into a global leader, positioning its airports to handle 330 million passengers and transport 4.5 million tons of cargo by 2030. This ambitious goal, aligned with the objectives of the National Aviation Strategy, is a testament to the industry's potential.
The effort also focuses on creating seamless travel experiences, enhancing customer satisfaction, ensuring safety and promoting environmental sustainability in the aviation industry.
The 29th edition of Routes World will feature panel discussions, workshops, and intensive meetings focused on advancing the regional and global air transport industry.
The sessions will also explore airlines' financial and operational performance, prospects for future growth, and critical issues such as privatization, mergers, sustainability initiatives, and environmental conservation.