INSEAD Day 4 - 728x90

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

AD Ports Group acquires CLI

CLI is Brazilian agri-bulk terminal operator.

$1.59bn Makkah project awarded

A consortium will develop two districts in the Holy City.

2PointZero posts profit surge

Growth driven by merger consolidation.

Jazan City for Primary and Downstream Industries exports first shipment to US

The iron quantities were manufactured at the Advanced Smelting Industries Company located in Jazan. (PETRA)
  • The ship is laden with 37,000 tons of iron steel foundry product, representing the first-ever production of this commodity within the Kingdom.
  • The city's port has extensive capabilities and advanced logistical transportation services, making it a hub for trade exchanges in Saudi Arabia.

JAZAN, SAUDI ARABIA – The Jazan City for Primary and Downstream Industries has marked a significant milestone with the departure of its inaugural ship, bound for New Orleans, US.

This vessel is laden with 37,000 tons of iron steel foundry product (Pig iron), representing the first-ever production of this commodity within the Kingdom.

The iron quantities were manufactured at the Advanced Smelting Industries Company (ASIC) located in the city.

The city’s port boasts extensive capabilities and advanced logistical transportation services, making it a crucial hub for trade exchanges in Saudi Arabia.

Positioned as one of the region’s newest ports, it sits along the international trade route through the Red Sea, in close proximity to the Bab Al-Mandab Strait, African nations and the maritime Silk Road.

Consequently, the port serves as a vital gateway for the southern regions and neighboring African countries.