United Yousef M. Naghi partners with KFSH&RC

Updated 13 February 2019

United Yousef M. Naghi partners with KFSH&RC

United Yousef M. Naghi Co. Ltd. has signed an agreement with the social club of King Faisal Specialist Hospital and Research Center (KFSH&RC) in Jeddah, under which employees of all branches and departments of the hospital can avail special offers at a number of retail stores such as Eddy Home and Electronics, LG Electronics, Labeeb Restaurant, Rheem air conditioners, Pirelli tires, Chinese Sailun tires and more.

The agreement is in line with the company’s commitment to community service and economic and social development initiatives.

“It is within the plans of United Yousef M. Naghi Co. Ltd. to develop its cooperation strategy with various sectors in the Kingdom in order to enhance the business and service exchange, thereby contributing to raising the productive capacity of retail trade, as well as contribute to raising awareness of the knowledge economy, and thus contribute to enhancing growth opportunities and cooperation with King Faisal Specialist Hospital,” the company said.


Al-Khomra to transform KSA into global logistics hub

Al-Khomra Logistics Zone is expected to open up new investment and business opportunities and promote strategic partnerships with the private sector.
Updated 21 October 2019

Al-Khomra to transform KSA into global logistics hub

The Saudi Ports Authority (Mawani) has announced the launch of Al-Khomra Logistics Zone, Saudi Arabia’s largest integrated logistics zone, during its participation in the Saudi Logistics Conference, which took place between Oct. 13 and 15th in Riyadh.
The first phase of the project is set to cover a land area of over 2 million square meters, with over 1 million square meters of gross flat area that will be made available to investors under a lease model.
Al-Khomra seeks to provide an advanced infrastructure and added-value services that will actively contribute toward positioning Saudi Arabia as a global logistics hub while raising its competitiveness on investment and services fronts as outlined within Saudi Vision 2030.
President of Mawani Saad bin Abdul Aziz Alkhalb described Al-Khomra as a major leap for the logistics sector in Saudi Arabia. He said the new logistics zone is expected to open up new investment and business opportunities and promote strategic partnerships with the private sector that will further contribute toward the development of the maritime trade and enhance the quality of operational and logistics procedures and services.
Alkhalb underlined the significance of Al-Khomra Logistics Zone due to its proximity to international trade routes, its strategic location in Jeddah and proximity to the Jeddah Islamic Port, making it a global logistics platform and a major hub connecting the Middle East, Africa and Europe.
“Al-Khomra is characterized by its highly efficient road network connecting Jeddah Islamic Port, King Abdul Aziz International Airport and the upcoming Saudi Landbridge Project, along other various main roads in the Kingdom,” he added.

FASTFACT

The first phase of the project is set to cover a land area of over 2 million square meters, with over 1 million square meters of gross flat area that will be made available to investors under a lease model.

Al-Khomra’s location along the Red Sea coast, a major passageway for more than 13 percent of global maritime trade, will make it a vital hub on the Silk Road maritime trade route launched within the Belt and Road Initiative (BRI).
Moreover, Saudi Arabia’s strategic location as a hub connecting Middle East with Europe and Africa, alongside its robust economy, will help transform the Kingdom into a pioneering global logistics hub. These factors offer an attractive package for investors interested in capitalizing on the lands owned by Mawani and building partnerships with the authority to develop full-fledged logistics zones, including the newly announced Al-Khomra Logistics Zone.
Mawani had launched a strategic plan to optimize the massive potential and capacity of Saudi Arabia’s ports, which outperform the local demand by 50 percent, through offering integrated logistics services, advanced bonded and re-export zones and competitive world-class services to the private sector aiming to facilitate global trade exchange.