Leading logistics provider opens $20m joint venture facility in Bahrain

The new joint venture facility, Schmidt Logistics Bahrain, was inaugurated on Wednesday.
Updated 08 November 2017
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Leading logistics provider opens $20m joint venture facility in Bahrain

nogaholding, the investment and business development arm of National Oil and Gas Authority (NOGA) in Bahrain, and Schmidt Heilbronn inaugurated on Wednesday its new joint venture facility, Schmidt Logistics Bahrain.
The $20 million facility is expected to create around 100 jobs in the logistics sector (directly and indirectly). Located in the Bahrain Logistics Zone, it will support the zone’s expanding operations, particularly in the chemical and petrochemical logistics market.
Mohamed bin Khalifa Al-Khalifa, Bahrain’s minister of oil and chairman of nogaholding, said: “We would like to congratulate Schmidt on the launch of our new joint venture facility here in Bahrain, where there is great demand for its highly-specialized services.”
“Our new facility will have a significant positive impact on the regional chemical and petrochemical industries and facilitate quicker and easier transportation of goods around the GCC. Through our partnership with Schmidt we are proud to have supported the establishment of this facility, and will continue to provide support for its operations in the future.”
Thomas Schmidt, CEO and managing partner of Schmidt Group, said: “This new development is a reflection of the huge growth we see in the regional logistics industry. It also represents the confidence we have in Bahrain as one of our key strategic operational bases in the Gulf region. We originally chose to locate a significant proportion of our services in Bahrain because of the strong transportation links with neighboring countries, excellent logistics infrastructure and supportive regulations.”
He added: “We are now in a position to be able to capitalize further on these competitive advantages and expand our regional offering.”
Khalid Al-Rumaihi, chief executive of the Bahrain Economic Development Board (EDB), said: “The manufacturing and logistics sector is one of the strongest in the Kingdom and Bahrain attracted more than $200 million of investment into this sector in the first half of the year — investments that will create more than 1,000 jobs over the next three years. Joint investments such as Schmidt Logistics Bahrain enable the growth of this world-class industry and attract companies with specialized expertise and operational skills to Bahrain to support the supply chain, creating high-quality employment opportunities for the local market.”
Joint efforts from nogaholding, the Ministry of Transportation and Telecommunications, Bahrain EDB, Supreme Council for the Environment and Customs Affairs have led to the establishment of Schmidt Logistics Bahrain.


Huawei hosts annual Middle East Partner Summit

Updated 24 May 2018
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Huawei hosts annual Middle East Partner Summit

Global ICT solutions provider Huawei recently hosted its annual Middle East Partner Summit in Dubai. Taking place under the theme “Leading New ICT, the Road to a Win-win Ecosystem,” the summit hosted participants from 12 countries across the Middle East. Participants had gathered to form a collaborative platform in order to explore the current requirements for a successful digital transformation and ushering in the artificial intelligence era, exchange ideas, share success stories and best practices, targeted at empowering Huawei’s channel partners in order to increase their ability to cater to the region’s increasingly demanding technology innovation needs, and to establish an open and collaborative ecosystem.
The full-day summit highlighted Huawei’s latest partner programs and outlined the company’s strategic plans for digitalization in the Middle East. Huawei’s channel strategy for 2018 centers on the empowerment of its channel partners to deliver the latest ICT solutions to their customers by embracing a collaborative, win-win approach to partners, competitors, and the industry as a whole.
In partnership with GAPP, a diamond sponsor of the summit, Huawei launched their GTM (“Go To Market”) Strategy, which focuses on catering to Middle East market requirements by building an enhanced service portfolio with GAPP serving as systems integrators.
“We see our long-term enterprise strategy in the region centered around building an ecosystem through which Huawei can help our Middle East channel partners meet their customers’ needs with enhanced connectivity and improved user experience, across different domains,” said Alaa El-Shimy, vice president and managing director, Huawei Enterprise Middle East. “Huawei advocates openness, collaboration, and shared success. Through joint innovation with our customers, partners, and peers, we are increasing the value of ICT in support of a more robust and mutually beneficial industry ecosystem. Our goal is a win-win situation for everyone, and we are dedicated to working together to establish mainstream standards and lay the foundations for this shared success.”
Bander Alfreih, chairman and CEO of GAPP, said: “Integrated, collaborative partnerships like the one we have announced with Huawei are exactly what we need to move the region forward on the path to digital transformation. We are incredibly excited to get to work on building this infrastructure together, and to see how quickly it will produce tangible results for the ecosystem at large, as well as the individual end customer. This will be how we define our success.”