Top stories from Logistics Middle East
Logistics Middle East
The leading logistics and supply chain management magazine and digital platform in the Middle East and North Africa.
Sweeping changes are coming to countries in the Gulf Cooperation Council (GCC). The United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA), long reliant on hydrocarbon exports, are charting a bold new course toward economic diversification. Local production and manufacturing are at the forefront of the shift, alongside burgeoning sectors, including tourism, retail, and technology. However, the success of this ambitious industrial transformation agenda hinges on a critical element: resilient supply chains.?
In the first half of 2024 alone, the transport and logistics sector in Saudi Arabia witnessed a 275% increase in VC funding, positioning it as one of the most dynamic and rapidly expanding industries in the Kingdom. This growth indicates a more significant trend where infrastructure development, technological innovation, and strategic geographic positioning are converging to make Saudi Arabia a central hub for logistics in the MENA region.
The Royal Commission for Riyadh City | ?????? ??????? ?????? ?????? (RCRC) has awarded four significant contracts totalling $3.46 billion to initiate the first phase of an ambitious road network enhancement in Riyadh. The move is a crucial part of the capital’s broader transformation under Vision 2030, which aims to position Riyadh as a global hub for sustainable transport and logistics services. The road development programme is integral to Riyadh’s urban planning strategy, which seeks to elevate the city’s infrastructure to meet the demands of rapid population growth and economic expansion.?