APT Global invests AED 50 mn in RAK Maritime City facility

RAK Maritime City is doubling down on heavy-lift exports: UAE-based APT Global is investing AED 50 mn to build a 700k sq ft facility within the RAK Maritime City Freezone — bringing its total footprint in the zone to 2 mn sqft, according to a statement. The factory is set to develop Ras Al Khaimah into a specialized hub for exporting oversized infrastructure. The project is also in line with the project cargo ecosystem driven by Saqr 2.0 — which is RAK Ports’ greenfield port.

Bosta taps Super Jet’s nationwide fleet to expand inter-governorate shipping

State-owned Super Jet and delivery startup Bosta inked a strategic partnership to roll out a same-day inter-governorate shipping service, using Super Jet’s nationwide bus network, the Transport Ministry said in a statement. Bosta will station staff at select Super Jet terminals to receive, register, and prepare parcels for transport on scheduled bus routes. Once fully launched, the project is expected to handle 6 mn shipments annually.

Why this matters: The move signals the government’s push to better monetize transport-sector assets through partnerships with the private sector. It also allows Bosta to gain access to a large, scheduled nationwide fleet without buying a single new bus, enabling it to operate faster shipping lines while lowering its cross-governorate delivery costs.

Riyadh inks a maritime cooperation agreement with Somalia

KSA, Somalia boost maritime cooperation: Saudi Arabia’s Transport General Authority has inked a maritime cooperation agreement with Somalia to improve cargo and passenger transport efficiency and streamline the movement of commercial vessels through international sea lanes.

Why it matters: Somalia sits next to the Bab El Mandeb corridor linking the Red Sea to the Gulf of Aden — a chokepoint tied to global trade flows and recently stress-tested by security disruptions and rerouting.

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