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Saudi leads maritime defense alliance to protect Red Sea trade
The Kingdom will host its headquarters
Mawani, DP World inaugurate SAR 3 bn container terminal at Jeddah Islamic port
The port will also get a new logistics zone by 2Q 2025
Fresh regulations for customs clearance procedures
The regs outline pre-clearance and post-arrival clearance procedures for maritime ports
Arabian Mills’ retail subscription period wraps today
PLUS: We’re five days away from the EnterpriseAM Finance Forum
Yachts are now being regulated
The regulations cover licensing + operations for yachts within Saudi waters
Bahri writes USD 1 bn ticket for nine oil tankers
Bahri currently operates a fleet of 40 large carriers with a 2.2 mn barrel capacity
SECO Capital launches a new multi-instrument fund
Salic to offload its entire 40% stake in Saudi Fisheries Company in a SAR 122.4 mn transaction.
Washington wants to boost defense cooperation with GCC countries as a hedge against Iran
The US pitch: “We are stronger when we act together.”
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