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Logistics (MENA) 
Logexa bags USD 2 mn in pre-Series A funding round
The round witnessed the participation of Seedra Ventures and Nour Nouf Ventures
KDL Logistics to kick off Nomu IPO, amid a period of increased investor selectivity
Subscriptions run between 30 November and 3 December.
Industrial sector sees double-digit rent growth and near-full occupancy in 1H 2025 -Knight Frank
Demand for modern facilities outpaced the addition of 1.3 mn sqm of space, pushing up rents and occupancy rates
SAL to build SAR 4.2 bn logistics zone in Riyadh’s Falcon City
ALSO: Ades lined up Shelf Drilling’s shareholder nod for merger
Exports power Saudi port growth in 2024
Saudi Arabia’s ports handled over 331 mn tons of cargo in 2024, driven by a 9.3% jump in exports
AviLease forms aircraft leasing JV with Hassana Investment
The JV will take up a portfolio of 10 carriers from AviLease
First drone parcel delivery trial flight run by Transport Authority, Aramex
PLUS: Naba Alsaha finalizes upstream merger with Al Anwar
Batic Investments and Logistics taps Abdulmalek Al Mudraa as CEO
ALSO: Naf Company named Basil Fayez Azar Al Harbi as acting CEO
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