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Logistics (MENA) 
Alinma Bank extends Bahri USD 756 mn murabaha financing to modernize fleet
Bahri had paid 10% of the USD 1 bn contract for the new vessels upfront
Cargo, zones and warehousing updates from Global Logistics Forum
More agreements from the region’s logistics players
Global Logistics Forum wraps with yet more agreements signed
The first day of the forum saw agreements worth SAR 17 bn signed
Al Etihad + HR Ministry roll out ins. product for expats living in Saudi
PLUS: Zatca launches tender to develop 13 customs warehouses
Warehousing space rents rise as industrial growth spurs demand
Rent in Riyadh grade B facilities + light industrial units is averaging at SAR 210 per sqm
Construction at the Avenues Riyadh is nearly 50% complete
PLUS: Rikaz launches second phase of SAR 1.1 bn The Node
Fresh Saudi-US real estate agreements
Dhamanat inks two separate agreements with US firms BlackRock and Apollo
Mawani + Maersk launch SAR 1.3 bn logistics park Jeddah Islamic Port
The logistics park spans an area of 225k sqm with the capacity to handle 200k TEU containers annually
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