Mawani and Alissa Universal Motors have signed an agreement to establish a logistics park at King Abdulaziz Port in Dammam
RIYADH, Saudi Arabia: The Saudi Ports Authority (Mawani) has signed an agreement with Alissa Universal Motors, a subsidiary of Abdullatif Alissa Group Holding, to establish a logistics park at King Abdulaziz Port in Dammam. The project involves an investment of up to SAR 300 million and will cover an area of 382,000 square meters. The park will be dedicated to the import and re-export of vehicles and spare parts.
The agreement was signed by the Acting President of the Saudi Ports Authority, Mr. Mazen bin Ahmed Al-Turki, and the Managing Director of Abdullatif Alissa Group Holding, Mr. Abdullah Abdulmohsen Alissa.
The establishment of the logistics park is part of Mawani's initiatives aligned with the objectives of the National Transport and Logistics Strategy. It aims to create high-efficiency logistics parks within and beyond the ports, supporting national development and empowering the Kingdom's economic and social ambitions under Saudi Vision 2030.
The logistics park will include a 7,000-square-meter warehouse for spare parts storage and a logistics area capable of accommodating more than 13,000 vehicles and trucks. This initiative will enhance the competitive advantage and regional standing of King Abdulaziz Port as a logistics hub, provide specialized logistics services, increase private sector contributions to economic development, and promote economic diversification.
It is worth noting that King Abdulaziz Port in Dammam plays a pivotal role in connecting the Kingdom to global economies. The port is distinguished by its advanced infrastructure and integrated logistics facilities, making it an attractive destination for major international companies.
For more information please contact:
Houssam Kablawi
Mobile| UAE: 00971504415126
Mobile| KSA: 00966557517659
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
2 days ago
- Zawya
Adrien Gagnon and ESDlife Survey Reveals: Nearly 60% Suffer from Both "Trouble Falling Asleep" and "Waking Easily"
Over 80% of Employees Take Sick Leave Due to Sleep Deprivation; Mondays Are the Most Popular 'Sickie' Days Economic downturn: 91% of respondents feel stressed from work and life 81% report frequent awakenings; 64% have trouble falling asleep – two distinct sleep problems, doctor explain 78% say stress impacts sleep quality 80% hope to resolve both types of sleep problems; 85% seek long-term sleep solutions Dual Action Release health supplements suggested by pharmacist to tackle both sleep problems HONG KONG SAR - Media OutReach Newswire - 5 June 2025 - As the economic outlook remains gloomy, stress levels among Hongkongers continue to rise. A recent survey shows that many locals feel overwhelmed by stress, which disrupts their sleep and creates a vicious cycle that severely affects both their emotional well-being and physical health. In light of this, Adrien Gagnon commissioned ESDlife to conduct the "Hong Kong Sleep and Stress Survey" in May 2025. The online survey interviewed 540 respondents in Hong Kong to examine sleep challenges and stress triggers. The goal was to raise awareness about sleep health and stress management, and to guide the public toward natural, long-lasting solutions to improve both "difficulty falling asleep" and "waking easily." 81% of Workers Skip Work Due to Sleep Deprivation Mondays Most Common for Sick Leave as Employees Create Their Own Mini-Holidays Under mounting pressure, many employees admit to "calling in sick" just to take a breather. The survey reveals that 82% have considered taking sick leave simply to avoid work. Among them, 81% cited sleep deprivation, while 64% blamed overwhelming stress. Additionally, 64% of respondents reported having at least one "sickie" impulse per month, a sign that stress has deeply impacted their mental and physical health. When asked about their preferred sick days, the top choices were Mondays (43%), after long holidays (25%), Fridays (24%), the day after working overtime (24%), and rainy or cold days (18%). (See Table 1) 64% Struggle to Fall Asleep, 81% Wake Easily Nearly 60% Suffer from Both Sleep Problems; 80% Seek Dual-Solution Treatments Sleep problems top the list of modern-day work-life struggles. Among respondents, 64% reported trouble falling asleep, and a significant 81% said they wake up easily. Almost 60% experience both sleep problems simultaneously. However, 77% said they lack effective methods to address both sleep problems at once. A full 80% expressed a desire for dual action release solutions. Psychiatrist Dr. Ka Yau Wong, Raymond explained: "Difficulty falling asleep and waking easily are two different sleep disorders. Difficulty falling asleep is usually stress-related, while waking easily may be linked to melatonin levels. Melatonin is only released in the dark, its production decreases with daylight or screen exposure. Dual action release melatonin supplements can provide extended support by releasing melatonin in two phases, helping the body fall asleep faster and stay asleep longer. To tackle both sleep problems effectively, one must manage stress and regulate melatonin to improve the sleep cycle and overall sleep quality." 91% of Hongkongers Suffer from Stress Due to Work and Life Pressures 87% Say Stress Affects Their Sleep Quality Beyond sleep problems, the primary reason workers want to skip work is stress. The survey found that 91% of respondents are currently dealing with stress from work and life, and 83% reported a sense of helplessness. This highlights the prevalence of stress among Hongkongers. Stress was shown to cause sleep problems (78%), irritability (58%), loss of motivation (40%), lower work efficiency (34%), and even social withdrawal (33%) (see Table 2). Alarmingly, 76% of respondents felt more stressed this year than last, yet 40% admitted they are not addressing it and simply hoping it will resolve itself. Meanwhile, 87% noted that stress has negatively impacted their sleep quality. Dr. Wong warned: "Stress-related sleep problems needs timely attention. Prolonged avoidance of stress without proper relief could worsen the condition, increasing the risk of anxiety, depression, and further deterioration in sleep quality." 85% Seek Long-Lasting Sleep Solutions Pharmacist Recommend Dual Action Release Supplements for Dual Sleep Problems With nearly 60% experiencing both difficulty falling asleep and waking easily, 85% of respondents said they are looking for long-lasting sleep solutions. Registered pharmacist Mr. Ian Cheung advised: "Those dealing with dual insomnia problems may benefit from melatonin supplements with a 'dual action release' formula for comprehensive effect. These supplements provide an initial fast release to help you fall asleep, followed by a slow, sustained release that maintains melatonin levels overnight, tackling both early and mid-sleep disturbances. Some dual action release melatonin products combine Western herbal ingredients to address stress-related insomnia. If your sleep problems are caused by stress, consider formulas that include calming Western herbs." Nearly 60% Are Aware of Western Herbs for Stress Relief 72% Will Consider Herbal Supplements for Stress Reduction When it comes to stress and sleep improvement, most respondents prefer natural solutions. "Western herbs like Eschscholzia californica and Hops are scientifically proven to ease stress and anxiety," Cheung explained. "They can help improve sleep quality and are suitable for those who prefer natural remedies. Reducing stress naturally can prevent work avoidance and maintain daily function." The survey also revealed that 59% of respondents were aware that Western herbal supplements can aid in sleep and stress relief. When selecting health supplements, 63% prefer Western brands, and 72% are willing to try herbal ingredients for stress relief. Cheung added, "If symptoms persist despite using natural products, professional medical consultation should be considered." For more information, please visit: Appendix Table 1: Most Popular Days for Taking Sick Leave ("Sickies") Most Popular Days for Taking Sick Leave ("Sickies") Percentage Monday 43% After long holidays 25% Friday 24% Day after working overtime 24% Rainy/cold days 18% Wednesday 15% Meeting-heavy days 11% Thursday 9% Deadline days 8% Tuesday 7% * M ultiple answers allowed Table 2: Impact of Stress on Sleep and Daily Life Stress Symptoms Percentage Sleep problems / insomnia 78% Irritability 58% Wanting to skip work 47% Loss of motivation 40% Lower work efficiency 34% Social withdrawal 33% * M ultiple answers allowed Table 3: Key Factors in Choosing Western Herbal Supplements Consideration Percentage Product safety and certification 28% Ingredient transparency 22% Effectiveness & longevity (e.g., dual action release) 11% * M ultiple answers allowed Hashtag: #AdrienGagnon The issuer is solely responsible for the content of this announcement. About Adrien Gagnon Founded in 1946 by renowned naturopathy expert Mr. Adrien Gagnon, the ADRIEN GAGNON brand is one of the renowned and sizable natural health companies with long history in Quebec, Canada. With more than 160 products on the market, ADRIEN GAGNON brand is synonymous with high quality and has repeatedly set the bar for superior health products in terms of value, selection and brand recognition. ADRIEN GAGNON's plant in Canada is accredited with Good Manufacturing Practice (GMP). ADRIEN GAGNON has become one of the trusted health supplement brands About ESDlife ESD life, a joint venture of CK Hutchison (formerly Hutchison Whampoa) and Hewlett-Packard HK SAR, operates the award-winning website ( and establishes it as one of the most popular and trusted online lifestyle media in Hong Kong. The online platform of ESD life is furnished with a wide range of lifestyles information under the categories of Wedding, Family, Health and Anniversary. In addition to the prominent No. 1 position of its Wedding Channel in Hong Kong, an e-commerce platform is provided to consumers by offering medical check-up ordering services. ESD life also delivers integrated marketing and digital solutions to diversified corporate clients. Adrien Gagnon
Zawya
3 days ago
- Zawya
Ewpartners expands to Hong Kong backed by Saudi Vision for global growth
The ongoing development of Saudi Vision 2030 is unlocking industry opportunities and accelerating cross-border cooperation with international investors, particularly in the rapidly growing capital markets sector. In collaboration with CMF Hong Kong, co-hosted by Saudi Tadawul Group and HKEX, ewpartners co-organized a luncheon that brought together over 100 key figures from government, investment, and entrepreneurial sectors across Saudi Arabia, Hong Kong, and China. The new ewpartners office in Hong Kong was officially opened, with Chief Executive John Lee Ka-chiu highlighting the city's strategic role as a bridge between Asia and the Middle East, fostering innovation and growth. Riyadh, Saudi Arabia: Driven by Saudi Arabia's Vision 2030, industrial growth has accelerated, fostering stronger cross-border cooperation, particularly with Asia. The capital markets between Saudi Arabia, Hong Kong, and China have witnessed unprecedented vitality, with landmark deals such as CATL's $5.3 billion IPO and BYD's HK$43.5 billion H-share placement attracting substantial participation from Middle Eastern investors. Additionally, the Premia BOCHK Saudi Arabia Government Sukuk ETF began trading on the Hong Kong Stock Exchange, a significant development announced during the second edition of CMF Hong Kong. During CMF Hong Kong, the luncheon co-hosted by ewpartners, CMF Hong Kong, Saudi Tadawul Group (STG), and HKEX marked a key milestone in strengthening capital market ties between Asia and the Middle East. Over 100 key representatives from government agencies, investment institutions, and entrepreneurs from Saudi Arabia and Hong Kong attended the event. The opening of ewpartners' new Hong Kong office was the main highlight of the luncheon, with Chief Executive John Lee Ka-chiu emphasizing the city's strategic role as a bridge between Asia and the Middle East, driving innovation and growth. Hong Kong Chief Executive John Lee Ka-chiu graciously provided the following message for the opening of ewpartners' Hong Kong office: 'Fostering Strategic Partnerships across Borders, Driving Innovation, Growth, and Prosperity.' This message reflects Hong Kong's commitment to serving as the premier platform connecting Asia and the Middle East. Mohammed Al-Rumaih, CEO of Saudi Exchange, stated, 'We are seeing strong growth in the Saudi capital markets, with record IPOs and increased investor participation, reinforcing our position as a leading global exchange. The Saudi-Hong Kong collaboration is key to this success, exemplified by Sahm Capital, supported by ewpartners, becoming one of Saudi Arabia's fastest-growing fintech companies.' Dr. Bernard Chan, Acting Secretary for Commerce and Economic Development, highlighted Hong Kong's unique position as a global business hub, offering a mix of international and China advantages. 'With the rule of law, free capital flow, a competitive tax system, and world-class infrastructure, Hong Kong provides unmatched benefits for businesses worldwide, including those from the Middle East.' Cliff Chau, Managing Partner of ewpartners, said, 'Since our 2017 launch in Saudi Arabia, ewpartners has successfully bridged capital and expertise between Asia and the Middle East through over 20 projects. Our Hong Kong office will drive cross-regional collaboration, innovation, and growth, aligning with Hong Kong's role as a 'super connector.' We're excited to contribute to the ongoing success of Asia-Middle East cooperation.' With eight years of experience, ewpartners has formed strategic partnerships with leading Hong Kong-based tech companies, including Alibaba Cloud (HKG:9988), J&T Express (HKG:1519), and Leshines, a Lenovo supply chain arm (HKG:0992). These collaborations support Saudi Arabia's Vision 2030, enabling businesses to leverage Hong Kong's strategic position and technology to create new industry opportunities in partnership with Saudi Arabia. These insights were outlined in ewpartners' whitepaper, Asia to Arabia: Strategic Investment Pathways in the GCC, released during the luncheon. The event highlights a new chapter in deepening ties between Asia and the Middle East, with Hong Kong emerging as a key investment and innovation hub, and ewpartners positioned as a central player in this transformation. About ewpartners ewpartners (formerly eWTP Arabia Capital) is an international investment firm specialising in cross-border investments between Asia and the Middle East. Backed by Sovereign Wealth Funds and investors from ASIA and the GCC, the firm has been active in Saudi Arabia since 2017 and was the first investment firm to launch a cross-border platform between the Kingdom and China. Headquartered in Riyadh, ewpartners focuses on building value across borders by establishing strategic partnerships with exceptional companies. Our team's expertise in shaping innovative conducive policy frameworks can support governments in fostering economic transformation and diversification driven by innovation and technology. We are committed to investing in, supporting, and growing successful businesses across the Asia and Middle East regions, with a focus on key industries and themes such as digital infrastructure & solutions, advanced manufacturing & energy transition, and logistics & consumer enablement. To Access White Paper:
Zawya
5 days ago
- Zawya
London Business School to launch first programmes in Riyadh as school is ranked first globally in the FT Executive Education open programme rankings 2025
LBS secures top global positions in the 2025 Financial Times Executive Education Rankings, placing first worldwide in Open Programmes and second in Custom Programmes LBS has also seen a significant rise in participation from Saudi executives in its open enrolment Executive Education programmes in recent years, growing by more than 250% in just four years RIYADH, Saudi Arabia: London Business School (LBS) has today been ranked among the world's leading providers of Executive Education in the newly released 2025 Financial Times Executive Education Rankings. Building on this global recognition, LBS announced the launch of its first Executive Education open programmes in Saudi Arabia, which will be delivered in the new executive office in Riyadh. The programmes will commence in the 2025–2026 academic year and aim to support the Kingdom's priorities for economic diversification, innovation, and leadership capability in line with Saudi Vision 2030. This announcement follows the School's commitment, shared in April, to open an office in Riyadh dedicated to advancing human capability and leadership development in the region. The new Riyadh programmes represent the next phase in LBS's regional strategy, building on the School's established presence in Dubai and its long-standing engagement with Gulf organisations and executives. Reflecting on the School's latest recognition, Helen Kerkentzes, Associate Dean of Executive Education and General Manager, Riyadh office, said, 'We are delighted to be acknowledged by our clients and participants for the impact of our programmes on leaders globally. Our success is driven by our dedicated faculty, staff and learning partners, and the high standards of our participants. Launching our open programmes in Riyadh strengthens our commitment to supporting leaders and working more closely with our partners in Saudi Arabia and the wider region.' Professor Florin Vasvari, Executive Dean of Executive Education, Middle East and General Manager, Riyadh office said, 'Launching our first programmes in Riyadh is a natural next step as we deepen our long-term partnership with Saudi Arabia and the Gulf. We are proud to support the human capital behind the Kingdom's transformation driven by Vision 2030, equipping leaders and organisations with the skills and perspective to thrive in a rapidly changing world.' Three New Programmes to Advance Leadership in the Kingdom Launching in the coming academic year, the following open programmes will be delivered in Riyadh: Women in Leadership: Empowering women executives with the skills to lead confidently, supporting Saudi Arabia's ambition to increase female participation in the workforce. Leading Teams for Emerging Leaders: Equipping rising leaders with strategies to build high-performing teams and drive organisational success in a dynamic economic environment. Next Level Leadership: Providing senior executives with advanced tools to navigate complexity, align with Vision 2030's priorities, and lead transformative change. Programmes will be in-person and are designed for leaders across all sectors. Global Recognition in the 2025 Financial Times Executive Education Rankings London Business School has once again been recognised as one of the world's leading providers of Executive Education in the Financial Times (FT) 2025 Executive Education Open and Custom rankings. This marks the fifth consecutive year that LBS has improved its position in these prestigious global rankings. In the latest results, LBS achieved the number one spot worldwide for Open Executive Education Programmes, rising from second place last year. The School's open programmes ranked first globally for 'quality of participants. The School attracts world class, diverse participants, and equips them with the future ready skills they need to lead, which highlights the unique calibre and impact of their community. LBS's Custom Executive Education Programmes also saw a significant rise, climbing five places to second globally, and ranked first for 'New Skills & Learning'. LBS is the only business school to be ranked in the top three for both the FT Open and Custom Executive Education Rankings in 2025, reflecting the depth and relevance of their tailored learning experiences. With the opening of its Riyadh office and its established Dubai campus, London Business School is strengthening its regional presence to meet the evolving needs of Gulf organisations. The School continues to invest in executive education that supports the Gulf's vision for knowledge-based, inclusive, and sustainable growth. About London Business School London Business School's vision is to have a profound impact on the way the world does business and the way business impacts the world. The School is widely acknowledged as a centre for outstanding research. As well as its highly ranked degree programmes, the School offers award-winning Executive Education programmes to business leaders from around the world. As well as its main campus in London, London Business School has a campus in Dubai, and a presence in three additional international cities: New York, Hong Kong and Shanghai. The School equips its diverse student body with the tools needed to tackle today's business challenges and connects them with many of the world's leading thinkers. The School has more than 53,000 alumni working in more than 157 countries. Together, they are a community defined by a wealth of knowledge, business experience and worldwide networking opportunities. London Business School's 259 faculty members come from over 30 countries. They cover seven subject areas: accounting, economics, finance, management science and operations, marketing, organisational behaviour, and strategy and entrepreneurship.
