Two companies to set up assembly + distribution centers in logistics zone: Saudi Arabia’s General Authority of Civil Aviation (GACA) has signed two MoUs with Chinese digital tech company Hikvision and a joint venture between Swiss precious metals refiner Valcambi and private sector conglomerate Ajlan & Bros to establish centers for assembly, distribution, and recycling at the kingdom’s Special Integrated Logistics Zone, SPA reported on Monday.

OTHER STORIES WORTH NOTING-

  • KSA’s Flynas will operate non-stop flights to Giza’s Sphinx International Airport starting 16 June, making it the first Saudi airline to launch flights to the new Egyptian airport.(Zawya)
  • DP World has launched a new dashboard for shipping lines at the company’s Jeddah terminal, as part of its suite of software-based solutions, Cargoes Community. (Mena FM)
  • Russian Deputy Minister of Industry and Trade Alexey Gruzdev has called on Russian companies to look into procuring materials, components, and services from Saudi Arabia as a means of replacing suppliers that have imposed sanctions on Russia. (Arab News)
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