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.

DP World and Saudi Ports Authority to give Jeddah Islamic Port a makeover

The project will contribute to transforming Jeddah into a major international trade and logistics center.
  • The development work will be carried out in four phases, with the project scheduled to be completed by 2024
  • It includes improvements that will enable the terminal to serve five ships simultaneously and deal with the largest container ships

Dubai Ports World and Saudi Ports Authority (Mawani) have come together to expand the capacity of Jeddah Islamic Port.

The  work will be carried out in four phases, with the project scheduled to be completed by 2024.

It includes improvements that will enable the terminal to serve five ships simultaneously and deal with the largest container ships operating today and in the future, with a load of up to 26,000 TEUs.

This project is part of the new commercial attribution contract that Mawani signed with DP World in December 2019 for a period of thirty years.

The project will contribute to transforming Jeddah into a major international trade and logistics center.