Search Site

Trends banner

‘Wadeem’ sold out for $1.49bn

This is the highest Abu Dhabi real-estate release to date.

Tesla Q2 sales down 13.5%

Shares rally after the disclosure, better than some forecasts.

TomTom cuts 300 jobs

The firm said it was realigning its organization as it embraces AI.

Aldar nets $953m in sales at Fahid

Aldar said 42 percent of the buyers are under the age of 45.

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Three Saudi ports make world records on CPPI 2021

The zone will be established in King Abudlaziz Port.
  • The CPPI is an indicator produced by the Transport Global Practice of the World Bank.
  • The King Abdullah Port ranks first on the list of 370 global ports, while Jeddah Islamic Port ranks eighth

Three Saudi ports have secured top spots in the second edition of the Container Port Performance Index 2021 (CPPI 2021), an indicator that is intended to serve as a reference point for improvement for key stakeholders in the global economy.

The CPPI is an indicator produced by the Transport Global Practice of the World Bank in collaboration with the Maritime, Trade, and Supply Chain division of S&P Global Market Intelligence. 

Despite the unprecedented challenges faced by the world in 2021 due to the Covid-19 pandemic, the three Saudi ports record exceptional scores that indicate ports’ performance efficiency. 

The King Abdullah Port ranks first on the list of 370 global ports, while Jeddah Islamic Port ranks eighth, and King Abdulaziz Port at 14th. 

“Saudi ports accomplishment in the CPPI 2021 portrays the Kingdom’s leading position in the global maritime transport industry, as it reflects the ambitious efforts of national industries to position Saudi Arabia as a global logistics hub, and a link that connects three continents,” said Minister of Transport and Logistics Services and the Chairman of Mawani, Saleh bin Nasser Al-Jasser.