AVIATION-
#1- Dammam Airports signed agreements and contracts worth over SAR 500 mn to upgrade airport infrastructure, it said on X yesterday. The contracts cover projects for infrastructure development, passenger facilities, and technology upgrades as part of efforts to raise operational efficiency.
ICYMI- General Authority for Civil Aviation launched a SAR 1.6 bn Dammam airports strategy in July, which includes 77 infrastructure projects aimed at bolstering passenger experience and operational efficiency.
#2- Royal Jordanian expands its fleet: Jordan’s flagship carrier Royal Jordanian is adding a new Airbus A320neo aircraft to its fleet this week as part of an expansion and modernization plan — bringing the total number of its jets of the same model to 12 aircraft, Jordan Times reports. The airline also plans to add a Boeing 787-9 to its long-haul services in early 2026.
REMEMBER- Royal Jordanian secured a USD 250 mn (c. JOD 177 mn) syndicated loan agreement in May to modernize its fleet and expand its network. The airline received seven new Airbus A320neo carriers, with four more that were scheduled to arrive in August — a complete revamp of its medium-to-regional range fleet, including integrating 14 Airbus carriers and seven Embraer jets by early 2026.
PROJECTS-
Madinah plugs SAR 445 mn into its industrial city: Madinah’s Governor Prince Salman bin Sultan bin Abdulaziz broke ground on new industrial and logistics projects valued at SAR 445 mn (USD 121.3 mn), SPA reports. The projects include 16 smart warehouses and 20 ready-built factories.
SUPPLY CHAINS-
OQ to decarbonize its supply chain: Oman’s state-owned OQ has partnered up with Maersk and CMA CGM to expedite its sustainability in supply chains — implementing low-emission fuels, low-carbon shipping, and faster delivery, Oman Observer reports. OQ’s polymers will be transported through Maersk’s ECO Delivery service and CMA CGM’s ACT+ programs. The aim is to improve ESG performance reporting and help customers meet the EU’s requirements on Scope 3 transport-related emissions within the packaging, infrastructure, and consumer goods industries.