CCE to build phase two of SAL’s cargo terminal in Jeddah
Contracting and Construction Enterprises landed a SAR 233 contract to build the second phase of SAL Saudi Logistics cargo ground handling station at Jeddah’s King Abdulaziz Airport, it said in a disclosure to Tadawul. The contract covers new construction works, upgrades to existing structures, and supporting facilities and utilities as part of the station’s expansion. Construction is scheduled to start in 1Q 2026, with completion targeted for 3Q 2028.
Why it matters: SAL is doubling down on its handling business, which represents its mostprofitable segment — outperforming its logistics business. It also contributes to Saudi’s goal to handle 4.5 mn tons of air cargo by 2030 — up from roughly 1.1 mn tons in 2024.
Another cargo VTOL hub touches down in Abu Dhabi
Abu Dhabi is getting a hybrid VTOL manufacturing hub: Qatar-based smart mobility and logistics provider Barq Group and US-based autonomous aircraft developer Elroy Air will invest USD 200 mn in a joint venture (JV) to establish a manufacturing facility for autonomous hybrid vertical take-off and landing (VTOL) cargo vehicles in Abu Dhabi, according to a press release.
The facility will build systems for Elroy’s Chaparral, its flagship aircraft, which it aims to sell to regional commercial and humanitarian clients working in middle-mile logistics. It will also offer maintenance, repair, and overhaul (MRO) services.
The UAE is making strides with major autonomous cargo moves: Abu Dhabi’s tech innovation firm K2 advanced pilot programs for autonomous delivery systems last November — launching a pilot project for self-driving e-commerce delivery vehicles and inking an MoU with Talabat to test commercial drone deliveries for food and groceries. Meanwhile, the Abu Dhabi Investment Office inked 29 commercial deployment agreements for autonomous logistics technologies late last year.