Riyadh hosts Automechanika 2018

An automobile exhibition in Riyadh.
Updated 03 January 2018
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Riyadh hosts Automechanika 2018

The expected influx of Saudi drivers from 2018 will have a significant impact on the auto parts, maintenance and services industry, with manufacturers and suppliers advised to stake their claim early in a market full of new opportunities, the chief of the Kingdom’s only dedicated aftermarket trade show said.
Ahmed Pauwels, CEO of Messe Frankfurt Middle East, said: “The decision to allow women to drive from June 2018, along with other recent economic initiatives, bodes well for many industries, however, the Kingdom’s automotive aftermarket is among those that could benefit the most.
“Saudi already has more than 7 million passenger vehicles in operation, and this will increase significantly in the coming years, with potentially 9 million new drivers added to the roads.”
He said: “Automakers will be the first to benefit, along with banks and insurance companies that finance and underwrite new car purchases, however, the aftermarket comes next when these millions of additional cars require regular repair and maintenance, replacement parts, tires, batteries, accessories, car care and grooming.”
Pauwels comments come ahead of the inaugural edition of Automechanika Riyadh, the largest dedicated trade show for Saudi’s aftermarket in the Kingdom’s Eastern and Central provinces.
The biennial three-day event takes place from Feb. 5-7 at the Riyadh International Convention and Exhibition Center, and will feature more than 150 exhibitors from 20 countries.
“Revenues for Saudi’s aftermarket, including tires, batteries, lubricants, and other engine components and accessories, were worth more than $6.7 billion in 2016, so it’s already a significant market, and the largest in the Middle East,” he said.
Other headline exhibitors at the event include Dubai-based Mineral Circles Bearings (MCB), Japan Toyomoto, American headquartered Donaldson, Germany’s ZF Services, and Spain’s Blinker. The event will also feature country pavilions from Germany, Italy, Spain, UK, and China.
The event is the 17th global instalment of Automechanika, the world’s most successful automotive aftermarket trade fair brand.
Hadi Al-Harith, CEO of Ace Group, said: “It gives us great pleasure to continue our association with Messe Frankfurt Middle East and extend the reach of the Automechanika brand into Saudi’s Central and Eastern regions.
“Saudi decision to allow women to take to the wheel in the Kingdom is a good news for aftermarket stakeholders, and will add to the buzz on Automechanika Riyadh’s show.”


Saudi port ‘most advanced’

Updated 21 April 2018
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Saudi port ‘most advanced’

King Abdullah Port has concluded its participation in the Global Infrastructure Congress by winning an award for the most advanced port. The award was presented during the closing ceremony of the conference, which was recently held at the Grand Hyatt Dubai hotel. The event was held under the patronage of UAE’s Minister of Infrastructure Development Abdullah B. Al-Nuaimi, and in partnership with the Federal Transport Authority — Land and Maritime and the Sheikh Zayed Housing Program.
Rayan Qutub, CEO of King Abdullah Port, said: “The award represents a culmination of the port’s efforts in realizing Vision 2030 as a key player in the maritime shipping and logistics sector.” He extended his thanks and appreciation to Al-Nuaimi for “the valuable award, which reflects the status the port has reached after only five years of operation.”
The award came in recognition of the port’s efforts in innovating new, distinguished practices in the port sector, in addition to providing world-class ideas, initiatives and projects that contribute to empowering and delivering sustainable and ready-to-use infrastructure solutions. It was announced that King Abdullah Port had won among more than 100 participants.
King Abdullah Port also participated in the Port and Marine Infrastructure Forum, which was attended by representatives from ministries, port authorities, private sector developers, and industry actors. Qutub delivered a detailed presentation on the port’s latest developments in regards to infrastructure and operations during a session titled “Global Perspectives and Best Practices.”
As of the end of 2017, King Abdullah Port has become the second-largest port in the Kingdom in terms of container handling, and it was recently ranked the eighth fastest-growing port in the world in 2017, according to Alphaliner, the global leader in analyzing maritime transport data, port capabilities and the future of vessels and shipping route development.