Saudi Arabia’s Ports Authority signs agreements worth $267m

AI Summary

Saudi Arabia’s Ports Authority (Mawani) signed seven agreements valued at around $267 million with national and international firms to develop and expand logistics centers at Jeddah Islamic Port and Al-Khumra Logistics Zone. The agreements aim to boost port infrastructure and enhance logistics capabilities in the region.

Saudi Arabia’s Ports Authority (Mawani) on Saturday signed seven agreements with national and international companies to establish and expand logistics centers at Jeddah Islamic Port and Al-Khumra Logistics Zone, with total investments approaching SR1 billion ($267 million). The signings were overseen by Minister of Transport and Logistics and Mawani Chairman Saleh Al-Jasser, in the presence ...