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DAE to acquire 17 aircraft for $1 bn

This portfolio comprises 100 percent next-generation aircraft

DP World posts record $20bn revenue

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Salik 2024 net profit before taxes $348m

The toll operator's revenue increased by 6% to $626 million.

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Mawani, Tabadul to develop port community management systems

In 2023, 28 new cargo services were added in collaboration with leading shipping liners. (Mawani)
  • The MoU aims to achieve the expansion of services provided in Saudi ports and doubling their number from 46 to 150 besides.
  • It also aims at enabling modern and emerging technologies in accordance with international best practices.

Riyadh, Saudi Arabia—Saudi Ports Authority (Mawani) and the Saudi Information Exchange Company (Tabadul) signed an MoU to develop new port community management systems.

The MoU aims to achieve the expansion of services provided in Saudi ports and doubling their number from 46 to 150 besides.

It also aims at enabling modern and emerging technologies in accordance with international best practices, especially geographical border technologies and Internet of Things technologies, as well as providing safe, fast and advanced services to beneficiaries in the fields of payment and billing using the latest fintech applications.

The memorandum includes re-engineering procedures and processes in Saudi ports, confirming their compatibility with international standards, and enhancing their connection to the global port network.

This comes within the framework of the smart ports initiative launched by the authority to implement modern and advanced automation techniques, SPA reported.