Latest news with #SalehbinNasserAl-Jasser
Leaders
18-04-2025
- Business
- Leaders
Saudi Transport Minister Meets Egyptian Deputy PM for Industry
Minister of Transport and Logistic Services, Eng. Saleh bin Nasser Al-Jasser, held a meeting with Egypt's Deputy Prime Minister for Industrial Development and Minister of Industry and Transport, Lieutenant General Eng. Kamel El-Wazir. The meeting focused on exploring avenues for strengthening partnerships across various transportation sectors. Both sides discussed the exchange of expertise in infrastructure development, port connectivity, and trade facilitation, aiming to support sustainable development goals and improve supply chain efficiency in both countries. Discussions also highlighted the importance of institutional and technical integration, along with the creation of joint initiatives to enhance regional and international competitiveness in the transport sector. As part of his visit, the Egyptian minister participated in several meetings and specialized sessions, including a visit to Neom. There, he met with officials to review future projects and explore collaboration opportunities in maritime transport and emerging technologies. Related Topics : Minister of Transport Launches SGS's First Digital Employee Saudi Minister of Transport launches th9e national aviation strategy to reach 250 direct destinations Saudi Transport Minister launches the 'Saudi Road Code Project' Saudi Transport Min. Announces 10 Bln Riyal Investment in Ports Short link : Post Views: 21 Related Stories
Zawya
07-04-2025
- Business
- Zawya
GACA grants air operator certificate to Riyadh Air, paving the way for launch of commercial flights
Riyadh -- In the presence of Minister of Transport and Logistic Services and Chairman of the Board of Directors of the General Authority of Civil Aviation (GACA) Eng. Saleh bin Nasser Al-Jasser, President of GACA Abdulaziz bin Abdullah Al-Duailej today handed over the Air Operator Certificate (AOC) to Chief Executive Officer of Riyadh Air Tony Douglas, officially authorizing the new national carrier to commence scheduled flights to and from airports across the Kingdom. The issuance of the certificate follows Riyadh Air's successful fulfillment of all regulatory and operational requirements in accordance with the executive regulations of the Civil Aviation Law, particularly those related to safety, security, and operational quality standards. This milestone reflects GACA's commitment to upholding world-class regulatory practices. The updated AOC marks a significant step toward enhancing the passenger experience and maintaining the highest aviation safety standards. It also supports GACA's broader efforts to create an attractive investment environment and to foster the growth and sustainability of the aviation sector, in line with the goals of the National Aviation Strategy and Saudi Vision 2030. Minister Al-Jasser emphasized that the issuance of the AOC to Riyadh Air represents a foundational pillar of the Kingdom's aviation strategy, which aims to position Saudi Arabia as the Middle East's leading aviation hub by 2030. The strategy includes transforming the Kingdom into a global logistics hub connecting three continents, supporting tourism objectives, and establishing Riyadh as a global gateway and central hub for transportation, trade, and tourism. Riyadh Air plans to operate flights to over 100 international destinations by 2030. The airline has placed orders for more than 132 aircraft and is expected to generate over 200,000 direct and indirect jobs in the aviation sector, contributing an estimated SAR75 billion to the Kingdom's non-oil GDP.
Zawya
18-03-2025
- Business
- Zawya
SAL joins the Private Sector Partnership Program (Shareek) and announces a SAR 4bln investment
Riyadh, Saudi Arabia – SAL Logistics Services has officially joined the Shareek Program through a strategic investment of SAR 4 billion to develop the SAL Logistics Zone in Falcon City, north of Riyadh. The announcement was made in the presence of H.E. Eng. Saleh bin Nasser Al-Jasser, Minister of Transport and Logistics Services, H.E. Eng. Khalid bin Abdulaziz Al-Falih, Minister of Investment, and H.E. Abdulaziz bin Abdulrahman Al-Arifi, CEO of the Shareek Program, along with senior officials and executives. This investment aligns with the Ministry of Investment's efforts to accelerate the growth of the logistics sector by attracting both local and international investors and fostering high-impact partnerships in this vital industry. These initiatives will enhance supply chain efficiency, improve the regulatory and operational environment, and solidify Saudi Arabia's position as a global logistics hub. The SAL Logistics Zone, spanning over 1.5 million square meters in Malham, north of Riyadh, will feature a fully integrated infrastructure, including state-of-the-art Class A warehouses, advanced operational facilities, multimodal connectivity, and smart logistics technologies. These enhancements will optimize operational efficiency and accelerate cargo flow both locally and regionally. Mr. Omar bin Talal Hariri, CEO of SAL Logistics Services, emphasized that this investment marks a strategic step in strengthening the company's capabilities and contributing to the National Transport and Logistics Strategy. He stated: 'Joining the Shareek Program reflects our ongoing commitment to investing in innovative logistics solutions, upgrading infrastructure, and enhancing supply chain efficiency in the Kingdom. The SAL Logistics Zone is not just another development project—it is a model for the future of integrated logistics services. By leveraging technology and sustainability, we aim to create an advanced operational environment that attracts investment and drives Saudi Arabia's economic growth.' H.E. Abdulaziz Al-Arifi, CEO of the Shareek Program, highlighted the importance of this partnership, emphasizing that the investment in the SAL Logistics Zone reinforces Saudi Arabia's leadership in the logistics and transportation sector while supporting major companies in achieving sustainable economic growth. He added: 'The Shareek Program is dedicated to empowering major companies to invest in strategic, high-impact projects that contribute to Saudi Vision 2030. SAL's integration into the program reflects the company's pivotal role in advancing Saudi Arabia's transformation into a global logistics hub. We look forward to witnessing the positive impact of this investment on the sector and strengthening the Kingdom's position in international trade while driving economic diversification.' This strategic partnership directly supports Saudi Vision 2030 by enhancing logistics connectivity, attracting local and international investments, and establishing a modern infrastructure that strengthens Saudi Arabia's role in regional and global trade.
Hi Dubai
10-03-2025
- Business
- Hi Dubai
DP World Unveils Cutting-Edge South Container Terminal at Jeddah Islamic Port
DP World and the Saudi Ports Authority (Mawani) have inaugurated the state-of-the-art South Container Terminal at Jeddah Islamic Port, marking a significant milestone in DP World's SAR3 billion ($800 million) expansion project. The transformation cements Jeddah's position as a global trade hub, aligning with Saudi Arabia's Vision 2030 goals. The three-year project has more than doubled the terminal's capacity from 1.8 million to 4 million TEUs, with a future expansion target of 5 million TEUs. Equipped with advanced automation, AI-powered cargo tracking, and IoT-enabled monitoring, the modernized terminal is set to enhance operational efficiency and supply chain resilience. Gate transaction times have been reduced to just 10 seconds, while new automated and electrified yard cranes improve handling speed. A formal ceremony marked the launch, attended by Saudi Minister of Transport and Logistic Services Saleh bin Nasser Al-Jasser and DP World Group Chairman and CEO Sultan Ahmed bin Sulayem. Bin Sulayem emphasized the company's commitment to driving trade growth and connectivity in the region. The expansion also boosts the terminal's reefer capacity from 1,200 to 2,340 units, catering to the rising demand for temperature-sensitive cargo. Additionally, a specialized inspection facility for up to 75 reefers—the largest of its kind in Saudi Arabia—is under development. Complementing the terminal, DP World is investing in the 415,000 sqm Jeddah Logistics Park, set for completion in Q2 2026. This integrated hub will offer warehousing, distribution, and freight forwarding services, reinforcing Jeddah's role as a strategic link between Asia, Africa, and Europe. News Source: Emirates News Agency
Arab News
09-03-2025
- Business
- Arab News
DP World, Mawani inaugurate SR3-billion terminal in Jeddah
DP World and Saudi Ports Authority, Mawani, have unveiled the new state-of-the-art South Container Terminal at Jeddah Islamic Port, marking a major milestone in DP World's SR3 billion ($800 million) expansion and development program to upgrade the terminal and enhance Saudi Arabia's position as a leading global trade hub. The three-year project has transformed South Container Terminal into one of the region's most advanced and sustainable container terminals, while also more than doubling the capacity from 1.8 million 20-foot equivalent units (TEUs) to 4 million TEUs. The expansion paves the way for a future capacity of 5 million TEUs, with additional ship-to-shore equipment to be deployed as demand grows. Since becoming DP World's first concession outside the UAE in 1999, the Jeddah terminal has played a crucial role in regional trade. This latest expansion, under a 30-year build-operate-transfer agreement, cements Jeddah's status as a critical trade gateway and supports Saudi Arabia's Vision 2030 goals of boosting trade connectivity and economic diversification. An official ceremony was held to mark the opening, attended by the Saudi minister of transport and logistic services, Saleh bin Nasser Al-Jasser; DP World Group Chairman and CEO Sultan Ahmed bin Sulayem; Abdulla Bin Damithan, CEO and managing director of DP World GCC; and other senior representatives from DP World and Mawani, government entities, and key customers. Sulayem said: 'Today marks a significant milestone in our long-term strategic investment in Jeddah Islamic Port. This expansion builds on our 25-year legacy in Jeddah and reinforces our commitment to driving trade growth in the region. With this modernized terminal, we are enhancing efficiency, improving supply chain resilience and creating new trade opportunities for the Kingdom and beyond for decades to come.' The terminal's modernization integrates advanced automation and digitalization to improve operational efficiency. Smart systems will slash gate transaction times — from two minutes to just 10 seconds — supported by IoT-enabled cargo tracking and AI-powered cargo tallying for precise record keeping. In line with its global sustainability strategy, DP World is implementing initiatives to reduce CO2 emissions at South Container Terminal by 50 percent in the next five years. Measures include the electrification of yard cranes and trucks, solar panel installations, exploration of floating solar platforms, along with green building designs and water recycling systems. These efforts will significantly cut emissions, enhance air quality and establish DP World's Jeddah terminal as a model for sustainable port operations. Adjacent to the terminal, DP World is investing in the 415,000 square meter Jeddah Logistics Park, the largest integrated facility of its kind in the Kingdom, which will offer state-of-the-art warehousing, distribution and freight forwarding services, further strengthening Jeddah's position as a key hub connecting trade routes across Asia, Africa and Europe. Integrated with the terminal, Jeddah Logistics Park will streamline cargo transfers and enhance efficiency, with completion scheduled for Q2 2026.
