Saudi Ports Authority takes steps to boost export volume

The Kingdom is working on plans to boost its non-oil exports and the strategy adopted by the ports authority is aimed at boosting exports from all sectors. (SPA)
Updated 25 December 2018

Saudi Ports Authority takes steps to boost export volume

  • Maritime ports in Saudi Arabia had been receiving great attention since their inception under the Kingdom’s founder King Abdul Aziz

JEDDAH: The Saudi Ports Authority (MAWANI) has decided to reduce its terminal handling charges of import empty containers at Jubail port.
It is part of MAWANI’s efforts to transform the Kingdom into a unique logistics platform in accordance with the Vision 2030.
The authority has also decided to increase port demurrage or storage free days from five to 15 days to enable exporters to receive empty containers directly from Jubail port.
These decisions were made at the first board of directors meeting recently held at the authority’s headquarters.
The Kingdom is working on plans to boost its non-oil exports and the strategy adopted by the ports authority is aimed at boosting exports from all sectors.
MAWANI President Saad Al-Khalb said by taking these measures the authority wishes to contribute to improving and changing the market condition to help boost the Kingdom’s overall export volume.
Maritime ports in Saudi Arabia had been receiving great attention since their inception under the Kingdom’s founder King Abdul Aziz, to form one of the nation’s most important economic and commercial streams, as well as playing a major role in boosting its regional and international trade.


Saudi Arabia reaffirms support for Afghanistan during donor conference

Updated 27 min 55 sec ago

Saudi Arabia reaffirms support for Afghanistan during donor conference

RIYADH: Saudi Arabia has reaffirmed its support for Afghanistan during a pledging conference for the war-torn nation. 
The event, co-hosted by Finland and the United Nations in Geneva, saw the US, the European Union and other donors pledge billions of dollars in funding for Afghanistan.
Abdul Aziz Al-Wasel, Saudi Arabia’s ambassador to the UN in Geneva, said the Kingdom has supported more than 35 projects in Afghanistan in various sectors, at a cost of more than $24m. 
The projects covered the humanitarian, health, education, water and food security fields. 
Al-Wasel said the Kingdom participated in all donor conferences held for Afghanistan out of its sense of responsibly towards Afghanistan and hopes for the country to achieve security and prosperity. 
He said the Kingdom believes that achieving stability in Afghanistan requires collective support through several steps, including conciliation between the Afghan government and the Taliban, as well as the group’s commitment to renounce violence and engage in the political process. 
Countries like Britain, the Netherlands, Germany, the United States and Canada stepped forward with hundreds of millions of dollars' worth of pledges for Afghanistan, after speeches from officials like Afghan President Ashraf Ghani and UN Secretary-General Antonio Guterres.