INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

SPARK, Hutchinson Ports ink pact

SPARK Logistics Company is the exclusive operator of the modern logistics facility that costs $400 million. (SPA)
  • SPARK is the world's largest energy hub, spanning 50 square kilometers in the Eastern Province of Saudi Arabia.
  • Under the agreement, SPARK Logistics Company has been granted concession rights to provide logistics services.

DAMMAM, SAUDI ARABIA –    King Salman Energy Park (SPARK) and Hutchinson Ports have signed a concession agreement for the management and operation of the dry port and logistics zone in SPARK.

SPARK is the world’s largest energy hub, spanning 50 square kilometers in the Eastern Province of Saudi Arabia and hosting energy production plants.

Under the agreement, SPARK Logistics Company has been granted concession rights to provide logistics services and solutions related to various goods.

SPARK Logistics Company will also meet the needs of investors in the city through container handling, cargo management, providing storage yards and warehouses, and customs procedures.

SPARK Logistics Company is the exclusive operator of the modern logistics facility that costs $400 million.