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GWC’s bottom line drops in 2024
The warehousing and distribution company’s topline top rose 5.4% y-o-y to QAR 1.582 bn in 2024, up from QAR 1.5…
Aramco and DHL joint venture Asmo launch new warehouse in Riyadh
The warehouse comes as the first in a wide range of logistics networks which will span across six facilities in…
M&A, cargo, storage, and shipping updates from Iraq, KSA, and the UAE
Stories on our radar this morning from around the region
Ibnsina Pharma to set up a warehouse in Yanmu East Logistics Park
Ibnsina Pharma will lease 11k sqm in warehouse space at Yanmu East Logistics Park, a JV between Hassan Allam Utilities…
Omada & Jaecoo open largest distribution center for Chinese automotive brands in UAE’s Jafza
The facility has enhanced the firm’s shipping efficiency by 85%, cutting down the shipping cycle to 9 days from 60…
Updates in equipment, storage and rail from the UAE and Saudi Arabia
Stories on our radar this morning from around the region
Bahri + Salic JV kick off operations at Yanbu Grain Handling Terminal
The terminal has a handling capacity of up to 3 mn tons of grain per year
Alsulaiman’s Flow + Bahrain’s Arcapita to develop logistics complex in Riyadh
The 80k sqm mixed-use complex will include storage solutions for pharma and hazardous materials
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