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Powering progress: GWC charts bold path for smart, sustainable logistics
Powering progress: GWC charts bold path for smart, sustainable logistics

Qatar Tribune

time19-05-2025

  • Business
  • Qatar Tribune

Powering progress: GWC charts bold path for smart, sustainable logistics

In an exclusive interview with Global Supply Chain Magazine, Matthew Kearns, Acting Group CEO of Gulf Warehousing Company (GWC), shared a bold vision for the future of logistics in the GCC. Emphasising innovation, sustainability, and regional connectivity, Kearns outlined how GWC is scaling operations, investing in cutting-edge technologies, and reinforcing its presence across key markets to shape a smarter, greener, and more resilient supply chain ecosystem—fully aligned with Qatar's National Vision 2030. Excerpts: GWC has seen rapid growth over the past few years. How do you plan to build on this in 2025? The GCC logistics industry is evolving at an unprecedented pace, with projections exceeding $100 billion by 2030. At GWC, we're helping to drive this transformation. Our focus remains on expanding, innovating, and shaping the future of logistics in the region and beyond. Over the past two decades, we've established a strong regional presence, built on trust, innovation, and consistent performance. As we step into the next chapter, 2025 marks a pivotal year of accelerated growth. We're scaling our operations, enhancing our diverse service portfolio and expanding our presence across key markets. In Saudi Arabia, were advancing strategic infrastructure developments to support long-term growth and regional connectivity. In Oman, we're reinforcing our presence and expanding capabilities to meet evolving market needs. And here in Qatar, we've recently inaugurated a new supply base in Ras Laffan Industrial City, adding another strategic asset to our growing network. But this is just the beginning. With e-commerce logistics growing across the region, we're making bold investments in infrastructure and technology to deliver faster, cheaper more reliable supply chain solutions. At the same time, we're intensifying our focus on regional connectivity - leveraging Qatar's world-class logistics infrastructure through new innovations. A standout example is our new re-export product GWC Flow Port that's has been designed to tackle the port congestion issues we are seeing in the region by offering fast, reliable cargo movement from China to Saudi Arabia. The year 2025 will be a pivotal year as we take our growth to the next level, setting new benchmarks in the industry. What new projects is GWCcurrently working on? As part of our growth strategy, we have several exciting projects in the pipeline that will strengthen our position as one of the region's leading logistics providers. Our focus is on strategic expansion, innovation, and sustainability - ensuring that we grow in a way that adds long-term value to our partners and communities. We're actively expanding our footprint with new specialised warehouses, logistics hubs, and acquisitions, both within the region and further afield. At the same time, we remain committed to sustainable growth. Our successful water and waste recycling initiatives are already driving progress toward our goal of reducing waste by 20 percent by 2030. In a landmark move, we've also just announced one of the largest private solar energy projects in the region. The initiative will see us develop solar farms across several strategic warehouse locations generating enough clean power to offset close to a third of our energy requirements. It is estimated we will produce nearly 50,000 megawatt-hours (MWh) of clean energy each year - eliminating around 25,000 metric tons of carbon emissions. That's the equivalent of planting over 405,000 trees, powering 1,900 homes for a year, or charging more than 3.1 billion smartphones. As mentioned, another key priority is e-commerce logistics. We recently partnered with Huawei to streamline e-commerce deliveries across Qatar, leveraging our extensive network and last-mile expertise to provide faster, more efficient service for shoppers. We're looking to make more investments in digital technology to support the region's Micro, Small and Medium-sized Enterprises so their online shops can interact with physical logistics infrastructure that we offer. What is the GWC strategy to dominate the GCC's logistics sector? A: Our goal is to make GWC the most trusted and forward-thinking logistics provider in the region. And we're making that happen by staying ahead of the curve. Our vision is built around four core pillars: Growth, Reliability, Innovation, and Impact. These pillars shape everything we do - from expanding our international footprint to pioneering new solutions for our clients and strengthening our partnerships. Logistics is evolving fast, and we're integrating tech such as AI and automation to build smarter, faster, and more transparent supply chains. Our collaboration with Huawei is just one example of how we're pushing boundaries in e-commerce logistics. But growth isn't just about business - it's about impact. We're committed to sustainability, from investing in clean energy to cutting waste, ensuring we create lasting value for our customers, partners, andcommunities. What challenges has GWC faced due to global supply chain disruptions, and how have you overcome them? The past few years have tested global supply chains like never before with disruptions, delays, and global uncertainty. Even now, ports across the region are seeing congestion issues. At GWC, we're facing these challenges head-on, by means of turning them into opportunities to reinforce the region's logistics resilience and offering clients smarter, more agile solutions. A key advantage lies in our ability to fully leverage Qatar's world-class logistics assets. GWC Flow Port is a prime example - by capitalising on lower port congestion in Qatar, our extensive fleet of more than 1,600 vehicles, and our strategic presence within free zones, we're able to offer highly cost-effective, end-to-end solutions. Few logistics providers can integrate these capabilities within a single country, and even fewer can tie them together seamlessly across the GCC. This combination sets GWC apart in the region. We've also enhanced multimodal transport options, strengthened partnerships with key carriers, and deployed advanced analytics to improve forecasting and inventory control. With AI-powered planning tools and digital fleet management, we're reducing inefficiencies and keeping client operations smooth. GWC is putting sustainability at the heart of its expansion plans. How are you integrating sustainable practices into your operations? Sustainability is a core part of our DNA. It drives everything we do, from reducing emissions to optimizing resources for the long-term. We've set clear targets, like reducing Scope 1 and Scope 2 emissions by 3 percent and 6 percent respectively by 2030, and we're aligning with Qatar's broader carbon reduction goals. As well as the landmark solar project I've already mentioned, we're transitioning to Euro V and electric vehicles and optimizing transport routes to cut fuel use. Waste management is another key focus. Through our Biobin project we processed food waste from our sites into 40 tonnes of premium compost that was donated to community garden projects last year. We also recycles up to 120,000 cubic meters of sewage water annually at the Bu Sulba Warehousing Park, using it to irrigate trees and shrubs Forbes named us a Middle East Sustainability Leader for the last two years in a row and we're proud of the wider recognition we've received across the industry, but we're just getting started in our journey toward a greener, more resilient future. How does GWC adapt to the fast-changing dynamics of international trade and logistics? The logistics industry is evolving rapidly, and at GWC, we see every challenge as an opportunity to adapt, innovate, and stay ahead. We constantly refine our operations, diversify our offering, invest in new technology, and strengthen our global partnerships to keep pace with change. But for me it's also about mindset. We embrace change, anticipate challenges, and find solutions before they become problems. That's what keeps GWC moving forward, no matter what the future holds. What strategies does GWC employ to enhance customerexperience and satisfaction? For me, customer satisfaction is the foundation of everything we do at GWC. Logistics is about trust, reliability, and delivering seamless experiences, and we've built our entire strategy around ensuring our clients get exactly that. First, we listen. We work closely with our clients to understand their needs and challenges, then tailor solutions that add real value. Whether it's optimizing supply chains, enhancing last-mile delivery, or integrating smarter technology, every decision is made with the customer in mind. Second, we invest in innovation to ensure faster and smarter logistics that holds more value. Finally, we focus on consistency. From our world-class logistics infrastructure to our dedicated client relationship teams, we ensure every interaction is smooth, efficient, and solution-driven. How do you ensure that GWC's services remain competitive in such a price-sensitive market? We maintain our competitive edge by embedding lean principles at every level of the business. Through structured continuous improvement techniques, a supportive organizational design, and targeted investments in new cutting-edge technology, we consistently find ways to reduce our cost to serve without compromising quality. For instance, innovations like vision picking and investments in automated cycle count robotics have helped us enhance both efficiency and productivity. Ultimately, this is about more than just tools - it's about fostering a culture of operational excellence, where a lean mindset is embedded across all functions and reinforced through disciplined execution and robust controls. Finally, sum up your overarching ambition for GWC. As GWC continues to grow, our ambition goes far beyond scale - we're building a more connected logistics ecosystem that empowers businesses, supports the regional economy and sets new benchmarks for the leveraging Qatar's world-class infrastructure, expanding across the GCC, and launching new integrated solutions, we're redefining what regional logistics can achieve. At the heart of this journey is our experienced team whose expertise and innovation are the driving force behind every milestone. From sustainability to technological transformation, we're committed to delivering consistent value to our clients and raising the bar for what logistics excellence looks like.

Al-Ahli Bank of Kuwait Group holds Q1 2025 analyst conference call
Al-Ahli Bank of Kuwait Group holds Q1 2025 analyst conference call

Kuwait Times

time14-05-2025

  • Business
  • Kuwait Times

Al-Ahli Bank of Kuwait Group holds Q1 2025 analyst conference call

ABK's diversified footprint continues to drive its growth momentum KUWAIT: Al-Ahli Bank of Kuwait (ABK) recently hosted its Q1 2025 analyst conference attended by Abdulla Al-Sumait, Acting Group Chief Executive Officer; Shiamak Soonawalla, Group Chief Finance Officer; Abdulaziz Jawad, Chief Strategy Officer; and Osama Ezzeldin, Assistant General Manager of Strategy and Follow Up. Al-Sumait began with discussing the financial highlights for Q1 2025. 'ABK achieved a healthy net profit growth of 8 percent to KD 15.7 million. Earnings per share remained stable at 5 fils, and our capital adequacy ratio stood robustly at 16.78 percent.' 'On the lending side, ABK's loan portfolio expanded by 10 percent year-on-year, supported by our disciplined credit underwriting standards. Asset quality remains strong, with our NPL ratio well controlled at 1.38 percent, reflecting our continued focus on maintaining strong asset quality,' Al-Sumait said. He added, 'Our diversified footprint continues to drive our growth momentum. Our international operations, including our UAE branches and ABK-Egypt, contributed a solid 40 percent of operating income and accounted for 37 percent of total assets, highlighting the strength of our regional diversification strategy.' Al-Sumait shared that ABK launched key strategic initiatives during the quarter to reinforce its competitive advantage and enhance customer experience. Major achievements in Q1 2025 included the launch of its new mobile banking app in Kuwait, featuring enhanced features and a new design, the introduction of a free international call service for customer support, and an enhanced customer service model with virtual service available in branches. He concluded, 'As we look ahead, ABK remains focused on delivering sustainable, long-term value. We will continue to pursue strategic expansion opportunities, strengthen our regional presence, and introduce innovative financial solutions tailored to meet the evolving needs of our customers.' ABK's Chief Strategy Officer Abdulaziz Jawad ABK Group CFO Shiamak Soonawalla Financial indicators On his part, Soonawalla discussed ABK's financial highlights for Q1 2025. He said, 'We achieved a healthy net profit growth of 8 percent year-on-year, with KD 15.7 million net profit attributable to shareholders. Earnings per share remained stable at 5 fils, and our operating income for the period reached KD 50.4 million, while operating profit stood at KD 29.3 million. This was supported by proactive cost management and continued revenue momentum across business lines.' ABK's asset quality remains robust, with the Group's non-performing loan (NPL) ratio maintained at a healthy 1.38 percent. The Group's loan loss coverage ratio held firm at 433 percent, confirming strong credit quality. Furthermore, provisions exceeded the IFRS 9 requirements, in accordance with Central Bank of Kuwait guidelines, as ABK continues to apply a prudent provisioning policy. Soonawalla added, 'We managed to maintain our net interest margin at 2.1 percent levels, although operating income marginally declined due to funding cost pressures and lower fees and commission income. Return on Average Equity (ROAE) delivered a healthy 8.1 percent, underlining ABK's strength in sustaining returns and driving long-term shareholder value. Liquidity continues to be a key strength for us, as evidenced by a liquidity coverage ratio of 255 percent and a net stable funding ratio of 109 percent, both comfortably above regulatory thresholds. Customer deposits remained resilient, totaling KD 4.4 billion, which represents 66 percent of our total liabilities. This further reinforces the strength and stability of our funding base.' He highlighted that the Group's strong start to 2025 reflects ABK's effective execution of strategic priorities and the leveraging of our core banking franchise alongside diversified income streams to drive sustainable growth. Notably, operating profit grew by 5 percent, highlighting the Group's enhanced operational efficiency. Commercial Banking remained the largest contributor to our operating income during the quarter, accounting for 49 percent, followed by Retail Banking at 39 percent, and Treasury and Investments at 12 percent. Our asset allocation remains strategically balanced, with 55 percent allocated to Commercial Banking, 12 percent to Retail Banking, and 33 percent to Treasury and Investments. He added, 'Our focus on operational excellence, digital transformation, and strategic investments continues to yield meaningful improvements. During Q1 2025, ABK's cost-to-income ratio significantly improved to 41.9 percent, down from 46.4 percent year-on-year, reflecting greater efficiency and disciplined cost management across the Group. As of Q1 2025, total assets expanded to KD 7.4 billion, delivering strong year-on-year growth of 13 percent. Net loans and advances increased by 10 percent to KD 4.7 billion, demonstrating healthy lending activity and prudent balance sheet expansion.' Soonawalla closed, 'Our Q1 2025 results highlight our solid profitability, disciplined risk management, and strengthened balance sheet. ABK remains firmly positioned to deliver sustainable growth and create enduring value for shareholders. With a strong foundation and a clear strategic focus, we are confident in our ability to sustain momentum throughout 2025.' The local and global economy Jawad mentioned that the sharp escalation in trade tensions and high policy uncertainty are expected to weigh heavily on global economic activity. According to the latest IMF projections, global GDP growth is now projected at 2.8 percent in 2025 and 3.0 percent in 2026. This marks a downward revision from the earlier forecast of 3.3 percent for both years. Global headline inflation is expected to decline at a slightly slower pace than what was expected in January, reaching 4.3 percent in 2025 and 3.6 percent in 2026. When it comes to Kuwait, the IMF has revised its 2025 GDP growth forecast for Kuwait to 1.9 percent. The adjustment reflects a more measured recovery pace, although domestic demand remains strong and oil output continues to recover. Inflation is expected to stabilize at 2.5 percent, supported by effective monetary policy by the Central Bank of Kuwait. Jawad highlighted, 'In March, Kuwait introduced a new public debt law, setting a borrowing ceiling of KD 30 billion and permitting the issuance of financial instruments with maturities up to 50 years. The move aims to strengthen financial stability, support Kuwait Vision 2035, diversify funding sources, and enhance Kuwait's position as a regional financial hub.' Exceptional results Jawad continued, 'Our strategic focus continues to be on salaried Kuwaitis and high-income expatriates, while placing growing emphasis on youth, who represent the future. We are continuously enhancing our youth offering to further strengthen our overall value proposition. As a result, our retail loan portfolio grew 1.75 times faster than the market in Q1 2025. We also enhanced our cards portfolio with a new prepaid card featuring a dual rewards program.' Furthermore, he affirmed, 'ABK maintains strong credit ratings of 'A' from Fitch and 'A2' from Moody's, reflecting its robust financial position, prudent risk management, and commitment to long-term stability.' Egypt and the UAE Regarding Egypt's macroeconomic landscape, the country is making progress on its macro-economic reform agenda despite regional challenges. The IMF completed the fourth review of Egypt's Extended Fund Facility (EFF), disbursing $1.2 billion and approved an additional $1.3 billion under the Resilience and Sustainability Facility (RSF). Although Egypt's inflation rose slightly to 13.9 percent in April 2025, up from 13.6 percent in March, the rise remains in line with market expectations, reflecting stability despite seasonal demand pressure. GDP growth accelerated to 4.3 percent in Q2 FY 2024/25. Moving on, Jawad shed light on the UAE stating, 'ABK, through its DIFC branch, has successfully closed a landmark $1 billion global syndicated term loan facility for a period of over three years, marking its largest debt facility to date. This significant achievement affirms ABK's robust standing in the financial markets.' The syndication was initially launched at $750 million; however, due to excessive oversubscription by 60 percent, the facility was upsized to $1 billion. This positive response highlights the strong liquidity position and confidence that both regional and international lenders, including those from the Middle East, US, Europe, and Asia, have in ABK. Jawad affirmed, 'This achievement reflects the trust and confidence that our lenders have in our financial stability and strategic vision. We are committed to utilizing these funds to enhance our service offerings and continue to foster sustainable growth.' 'Alongside our funding activities, ABK-UAE continued to advance its strategic agenda in the real estate sector. As a continuation of our Q4 2024 update, ABK-UAE successfully onboarded its first real estate escrow customer, marking a key milestone as the first Kuwaiti bank to offer this service in the UAE. With additional clients in the pipeline, we are now assessing the extension of these services to Abu Dhabi. This aligns with our strategy to strengthen our footprint and competitiveness in the UAE financial sector,' Jawad continued. Complementing the real estate escrow rollout, a dedicated UAE mortgage service for Private Banking clients in Kuwait was also launched. To enhance this service, real estate brokers are being brought on board as key partners, ensuring a more streamlined client experience. ESG ABK continued to build momentum around its ESG agenda, laying the groundwork for future initiatives and enhancements. The Bank remains committed to further integrating ESG principles into key business areas. Looking ahead, ABK plans to publish its updated sustainability report, assess its ESG maturity, strengthen internal capabilities, and explore opportunities that support sustainable value creation. Building on a strong start to 2025, ABK remains committed to accelerating momentum, executing its strategic agenda with discipline, and creating long-term shareholder value.

GWC announces opening of new logistics hub in Qatar
GWC announces opening of new logistics hub in Qatar

Zawya

time24-02-2025

  • Business
  • Zawya

GWC announces opening of new logistics hub in Qatar

Qatar - Gulf Warehousing Company (GWC), one of the leading logistics providers in the Mena region, has announced the launch of a cutting-edge logistics hub at Ras Laffan, dedicated to servicing the country's vital oil and gas industry. This new facility has been developed to support the continued growth and development of Qatar's energy sector, particularly with the implementation of the North Field Expansion Project - the world's largest LNG project currently under construction - in line with Qatar National Vision 2030, which prioritises the Optimum exploitation of hydrocarbon resources. The expansive hub boasts an indoor bulk storage warehouse covering more than 5,300 sq m which is fully air-conditioned and with a 25-tonne overhead crane, said GWC in a statement. Additionally, an indoor racked storage distribution centre (DC) offers thousands of pallet locations. According to GWC, the facility also includes five workshops, each spanning 1,000 sq m and equipped with drive-in facilities and 10-tonne overhead cranes with a 20-m span – ensuring seamless handling of heavy equipment and machinery. Another key highlight of the hub is its 14,000-sq-m heavy-duty interlocked laydown yard, equipped with comprehensive drainage, lighting, and fencing, providing secure and versatile outdoor storage solutions, it stated. Speaking at the launch, Managing Director Sheikh Abdulla Bin Fahad Bin Jassim bin Jaber Al Thani, said this state-of-the-art hub represents a significant milestone for GWC as we continue to expand our capabilities and cater to the unique needs of Qatar's oil and gas sector. "Our investment in this facility underscores our unwavering commitment to supporting the nation's energy sector," he stated. Acting Group CEO Matthew Kearns, highlighting the strategic importance of the hub, said: "The Ras Laffan hub is tailored to provide efficient, reliable, and scalable logistics solutions to the oil and gas industry. With cutting-edge facilities and technology, we are poised to enhance operational efficiencies and support the complex logistics needs of our clients in this critical sector." "This facility is a testament to GWC's proactive approach in fostering the growth of Qatar's energy sector, in harmony with Qatar National Vision 2030, while further reinforcing its ongoing comprehensive expansion strategy," stated Kearns. The Ras Laffan hub further cements GWC's position as a logistics leader in the Mena region and globally, offering comprehensive solutions that drive efficiency and growth for Qatar's key industries, he added. Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (

GWC launches major logistics hub in Ras Laffan
GWC launches major logistics hub in Ras Laffan

Zawya

time23-02-2025

  • Business
  • Zawya

GWC launches major logistics hub in Ras Laffan

Sheikh Abdulla Bin Fahad: Enhancing our capabilities to provide advanced logistics solutions Matthew Kearns: Implementing a comprehensive expansion strategy and improving operational efficiency Doha / Qatar: Gulf Warehousing Company Q.P.S.C (GWC) – one of the leading logistics providers in the MENA region, has announced the launch of a cutting-edge logistics hub in Ras Laffan, dedicated to servicing the country's vital oil and gas industry. This new facility has been developed to support the continued growth and development of Qatar's energy sector, particularly with the implementation of the North Field Expansion Project—the world's largest LNG project currently under construction—in line with Qatar National Vision 2030, which prioritizes the Optimum exploitation of hydrocarbon resources. The expansive hub boasts an indoor bulk storage warehouse covering more than 5,300 square metres which is fully air-conditioned and with a 25-tonne overhead crane. Additionally, an indoor racked storage distribution centre (DC) offers thousands of pallet locations. The facility also includes five workshops, each spanning 1,000 square meters and equipped with drive-in facilities and 10-tonne overhead cranes with a 20-metre span – ensuring seamless handling of heavy equipment and machinery. Another key highlight of the hub is its 14,000-square metre heavy-duty interlocked laydown yard, equipped with comprehensive drainage, lighting, and fencing, providing secure and versatile outdoor storage solutions. Sheikh Abdulla Bin Fahad Bin Jassim bin Jaber Al Thani, GWC Managing Director, expressed his enthusiasm about the new facility: 'This state-of-the-art hub represents a significant milestone for GWC as we continue to expand our capabilities and cater to the unique needs of Qatar's oil and gas sector. Our investment in this facility underscores our unwavering commitment to supporting the nation's energy sector.' Matthew Kearns, GWC's Acting Group CEO, highlighted the strategic importance of the hub: 'The Ras Laffan hub is tailored to provide efficient, reliable, and scalable logistics solutions to the oil and gas industry. With cutting-edge facilities and technology, we are poised to enhance operational efficiencies and support the complex logistics needs of our clients in this critical sector. This facility is a testament to GWC's proactive approach in fostering the growth of Qatar's energy sector, in harmony with Qatar National Vision 2030, while further reinforcing its ongoing comprehensive expansion strategy.' The Ras Laffan hub further cements GWC's position as a logistics leader in the MENA region and globally, offering comprehensive solutions that drive efficiency and growth for Qatar's key industries. Qatar is currently witnessing accelerated progress in executing the North Field Expansion Project, which is divided into three phases. The first phase, the North Field East Project, aims to increase Qatar's LNG production capacity from the current 77 million metric tons per annum (MTPA) to 110 MTPA by 2026. The second phase, the North Field South Project, will further boost production from 110 MTPA to 126 MTPA by 2027. The recently announced third phase, the North Field West Project, is set to raise production capacity to 142 MTPA before the end of 2030. Notably, the North Field Expansion is expected to drive Qatar's economic growth in the years ahead. -Ends- About GWC Group Established in 2004, GWC has become one of the leading logistics and supply chain solutions provider in the MENA region. GWC offers best-in-class logistics and supply chain services that include warehousing, distribution, logistics solutions for hazardous materials, freight forwarding, project logistics, sporting events and equestrian logistics solutions, fine art logistics, supply chain consulting services, transportation, records management, and local and international relocation services. GWC benefits from a global freight network and massive logistics infrastructure spanning over 4 million square meters. GWC was the first Regional Supporter and the Official Logistics Provider for the FIFA World Cup Qatar 2022™. Our Social Media handle is @gwclogistics Get in touch:

GWC announces opening of new logistics hub in Qatar
GWC announces opening of new logistics hub in Qatar

Trade Arabia

time23-02-2025

  • Business
  • Trade Arabia

GWC announces opening of new logistics hub in Qatar

Gulf Warehousing Company (GWC), one of the leading logistics providers in the Mena region, has announced the launch of a cutting-edge logistics hub at Ras Laffan, dedicated to servicing the country's vital oil and gas industry. This new facility has been developed to support the continued growth and development of Qatar's energy sector, particularly with the implementation of the North Field Expansion Project - the world's largest LNG project currently under construction - in line with Qatar National Vision 2030, which prioritises the Optimum exploitation of hydrocarbon resources. The expansive hub boasts an indoor bulk storage warehouse covering more than 5,300 sq m which is fully air-conditioned and with a 25-tonne overhead crane, said GWC in a statement. Additionally, an indoor racked storage distribution centre (DC) offers thousands of pallet locations. According to GWC, the facility also includes five workshops, each spanning 1,000 sq m and equipped with drive-in facilities and 10-tonne overhead cranes with a 20-m span – ensuring seamless handling of heavy equipment and machinery. Another key highlight of the hub is its 14,000-sq-m heavy-duty interlocked laydown yard, equipped with comprehensive drainage, lighting, and fencing, providing secure and versatile outdoor storage solutions, it stated. Speaking at the launch, Managing Director Sheikh Abdulla Bin Fahad Bin Jassim bin Jaber Al Thani, said this state-of-the-art hub represents a significant milestone for GWC as we continue to expand our capabilities and cater to the unique needs of Qatar's oil and gas sector. "Our investment in this facility underscores our unwavering commitment to supporting the nation's energy sector," he stated. Acting Group CEO Matthew Kearns, highlighting the strategic importance of the hub, said: "The Ras Laffan hub is tailored to provide efficient, reliable, and scalable logistics solutions to the oil and gas industry. With cutting-edge facilities and technology, we are poised to enhance operational efficiencies and support the complex logistics needs of our clients in this critical sector." "This facility is a testament to GWC's proactive approach in fostering the growth of Qatar's energy sector, in harmony with Qatar National Vision 2030, while further reinforcing its ongoing comprehensive expansion strategy," stated Kearns. The Ras Laffan hub further cements GWC's position as a logistics leader in the Mena region and globally, offering comprehensive solutions that drive efficiency and growth for Qatar's key industries, he added.

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