LOGISTICS-

US-based logistics giant FedEx inaugurated its new head office in Riyadh, set to manage operations in Qatar, Bahrain, and Kuwait, head of the Middle East, Indian Subcontinent, and Africa operations at FedEx Kami Viswanathan‏ told Aleqtisadiah yesterday.

The expansion includes launching an air and ocean logistics division and providing new services like a non-stop air connection from the West to the Kingdom, which will cut delivery time down to 48 hours, Viswanathan‏ said. Four gateways and four operational stations will be introduced across Riyadh, Jeddah, and Dammam, the Transport General Authority said on X.

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TECH-

MIS lands maintenance contract for equipment at government healthcare facilities in a Riyadh cluster: Al Moammar Information Systems Company (MIS) signed a SAR 126.1 mn contract with the Health Ministry’s Third Health Cluster in Riyadh to maintain and repair medical devices and equipment at affiliated primary healthcare centers for five years, it said in a disclosure to Tadawul yesterday.

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