- March 10, 2025
TK Elevator (TKE) has secured a new 10-year contract with Dubai Airports to service and maintain Dubai Interna ..Read More
TK Elevator (TKE) has secured a new 10-year contract with Dubai Airports to service and maintain Dubai International Airport’s (DXB) Passenger Boarding Bridges (PBBs) and aircraft stand equipment across all four concourses, including Concourse A and D. The agreement covers 24/7 maintenance of 152 PBBs, pre-conditioned air, and ground power units, ensuring operational efficiency and sustainability at the world’s busiest international airport, which served 92.3 million passengers in 2024. TKE’s expertise in lifecycle management and infrastructure reliability aligns with Dubai Airports' goal of enhancing passenger experience and setting global benchmarks in operational excellence.
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- March 07, 2025
DP World and Saudi Ports Authority (Mawani) have inaugurated the upgraded South Container Terminal at Jeddah I ..Read More
DP World and Saudi Ports Authority (Mawani) have inaugurated the upgraded South Container Terminal at Jeddah Islamic Port, a key part of DP World’s SAR 3 billion ($800 million) expansion. The terminal’s capacity has more than doubled from 1.8 million TEUs to 4 million TEUs, with plans to scale up to 5 million TEUs. Equipped with automation, AI-powered tracking, and an expanded reefer capacity (from 1,200 to 2,340), the terminal enhances efficiency and trade connectivity under Saudi Vision 2030. Adjacent to it, the 415,000 sqm Jeddah Logistics Park, set for completion by Q2 2026, will further boost trade across Asia, Africa, and Europe.
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- February 15, 2025
Masarat Mobility Park, a partnership between TASARU Mobility Investments, Zamil Group, Alkhorayef Sons, and Da ..Read More
Masarat Mobility Park, a partnership between TASARU Mobility Investments, Zamil Group, Alkhorayef Sons, and Dar Al Himmah, is developing a 2 million sqm automotive hub in King Abdullah Economic City (KAEC) to support Saudi Vision 2030. The Park aims to attract global suppliers, develop local talent through educational partnerships, and boost local manufacturing. Leveraging KAEC’s Special Economic Zone (SEZ), it offers multimodal connectivity to expand regional operations and generate thousands of jobs. Masarat has secured ECZA certification to facilitate investor operations and enhance Saudi Arabia’s position as a regional automotive hub.
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- February 15, 2025
Ceer, Saudi Arabia’s first EV brand, announced 11 new partnerships worth SAR 5.5 billion ($1.5 billion) at t ..Read More
Ceer, Saudi Arabia’s first EV brand, announced 11 new partnerships worth SAR 5.5 billion ($1.5 billion) at the 3rd PIF Public Sector Forum, advancing its goal of 45% localization and aligning with Vision 2030. Ceer has partnered with global leaders like Foxconn and BMW while fostering a local ecosystem at King Salman Automotive Cluster, involving 263 local companies with SAR 6.6 billion in contracts. The new agreements include Zamil for HVAC systems, Obeikan Glass for alloy wheels, and Saudi Controls for EV chargers, reinforcing Ceer’s ambition to become a key global EV player.
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- February 12, 2025
TASARU Mobility Investments, owned by Saudi Arabia’s PIF, has launched a joint venture with Bahri and German ..Read More
TASARU Mobility Investments, owned by Saudi Arabia’s PIF, has launched a joint venture with Bahri and Germany’s MOSOLF Group to deliver integrated logistics solutions for the automotive and mobility sectors in Saudi Arabia. The JV offers services such as shipping, EV handling, and customs clearance while leveraging Bahri’s maritime expertise and Mosolf’s technical knowledge. It aims to enhance local manufacturing, support Vision 2030’s goals, attract foreign investment, and create high-value jobs. The initiative focuses on sustainable logistics innovation and strengthening Saudi Arabia’s automotive infrastructure.
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- February 09, 2025
MATARAT Holding, in collaboration with the National Center for Privatization & PPP, announced the list of 90 c ..Read More
MATARAT Holding, in collaboration with the National Center for Privatization & PPP, announced the list of 90 companies (46 local, 44 international) that submitted Expressions of Interest for the Taif International Airport project. The new airport, located 21 km southeast of the existing facility, will handle 2.5 million passengers by 2030. The project, aligned with Saudi Vision 2030 to boost the aviation sector, will follow a Build-Transfer-Operate (BTO) model with a 30-year contract duration.
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- February 08, 2025
Hafeet Rail, the Oman-UAE railway project, has awarded contracts to Larson & Toubro (L&T) and Power China for ..Read More
Hafeet Rail, the Oman-UAE railway project, has awarded contracts to Larson & Toubro (L&T) and Power China for constructing advanced railway logistics facilities in Al Buraimi and Sohar, and to China Railway Rolling Stock Corporation (CRRC) for supplying high-performance freight wagons. These facilities will enhance cargo efficiency, multimodal connectivity, and include provisions for locomotive and wagon maintenance. The project strengthens regional trade competitiveness, unlocks new trade routes, and positions Oman and the UAE as key logistics hubs, aligning with national economic priorities and ensuring long-term operational sustainability.
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- February 08, 2025
EMSTEEL, a leading steel and building materials manufacturer, has partnered with Hafeet Rail Infrastructure LL ..Read More
EMSTEEL, a leading steel and building materials manufacturer, has partnered with Hafeet Rail Infrastructure LLC and Minerals Development Oman (MDO) to optimize raw material transport and enhance cross-border rail connectivity between the UAE and Oman. The partnership secures the transport of 4.2 million tonnes of limestone and red shale annually for 15 years, with an option to extend. EMSTEEL will operate a Rail Transfer Facility in Al Ain, while MDO ensures compliance with quality standards. This initiative aligns with the UAE’s Operation 300bn and Oman’s Vision 2040, promoting sustainability, reducing emissions, and fostering regional economic collaboration.
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