RIYADH, SAUDI ARABIA – The Saudi Ports Authority (Mawani) and CMA CGM launched on Wednesday a new logistics park at Jeddah Islamic Port, with a total area exceeding 130,000 square meters and an investment value nearing US$132 million (SAR 487 million). President of Mawani Omar Hariri said, “The new logistics...
French oil, shipping firms reduce prices under government pressure
French oil group TotalEnergies and shipping giant CMA CGM announced price cuts on Friday as demanded by the government amid growing calls for windfall taxes on their profits
