Saudi e-commerce platform Almall eyes MENA expansion

Almall was launched by Mohammed Fahad Alharthi.
Updated 12 June 2019

Saudi e-commerce platform Almall eyes MENA expansion

Almall, a Saudi e-shopping website that brings together consumers and brand owners from within and outside the Kingdom, has seen a monthly growth rate of 30 percent since its launch in October last year.

The online shopping platform, which is part of the Saudi Research & Marketing Group, was launched by Mohammed Fahad Alharthi, editor in chief of Sayidaty and Arrajol magazines, and is now one of the main players in the Saudi e-commerce market.

Almall is the only pure player in the region (while others are click-and-mortar) offering an advanced technology ensuring that all products listed on the e-commerce platform are supplied directly from verified sellers and delivered to the end customers. 

This choice has a direct impact on the company’s short- and long-term strategies, limiting the operational costs and providing a higher scalability to enter new markets with no structural investment. Moreover, such a system ensures there is no conflict of interest between the sellers and Almall.

To create a complete 360-degree seamless customer experience from purchase to delivery, Almall is working with leading companies for payment, logistics and last mile delivery services. 

Since its launch, Almall has a monthly traffic of 2 million users with over 1 million registered users all over the GCC, with a majority in Saudi Arabia.

Alharthi plans to expand Almall to cover the entire MENA region by 2021.

By the end of 2019, Almall will strengthen its presence in Saudi Arabia and will officially start its operations in UAE, Oman, Kuwait and Bahrain.

The next step for Almall will be to start operations in Levant countries in early 2020, where it has already partnered with the main distributors and logistics partners.

OOCL joins shipping lines at King Abdullah Port

Updated 17 September 2019

OOCL joins shipping lines at King Abdullah Port

OOCL, a Hong Kong-based shipping company, has joined the group of international companies transporting cargo and delivering maritime shipping services to and from King Abdullah Port. This comes with the company’s official launch of operations in the port located in King Abdullah Economic City and the subsequent arrival of containers to the berths.

The move aims at enhancing the trade movement of imports and exports in the Kingdom.

“The addition of OOCL to the list of leading international shipping companies operating in King Abdullah Port is a testament to the trust of key players in the maritime shipping industry, as the port enjoys a strategic location on one of the most important international maritime shipping lanes as well as integrated infrastructure and logistics services,” a press release said.

The port is located near the Industrial Valley, the Bonded and Re-export Zone, and major Saudi cities such as Jeddah, Makkah and Madinah, which together constitute the main commercial center in the Kingdom. King Abdullah Port also enjoys close proximity to Madinat Yanbu’ Al-Sina’iyah, which is witnessing a massive trade movement in the field of petrochemicals, and it is linked to a road network that facilitates the process of transporting goods by land to and from ships to Riyadh, Dammam, and other cities in the Arabian Gulf.

Officially inaugurated last February by Crown Prince Mohammed bin Salman, King Abdullah Port was ranked the second fastest-growing port in the world in 2018 by Alphaliner, a global specialist in data analysis of maritime transport, port capabilities, and the future development of vessels and global maritime routes. The port’s throughput increased from 1.7 million TEU in 2017 to 2.3 million TEU in 2018.

Run by the Ports Development Company, King Abdullah Port is the region’s first port to be fully owned, developed and operated by the private sector. It has been listed as the fastest-growing container port and one of the world’s 100 largest ports after less than four years of operation. Ten of the largest shipping lines work at the port to offer integrated services to importers and exporters. The port’s development plan is proceeding at a steady pace with a clear vision to become one of the world’s leading ports, utilizing its advanced facilities and proximity to the Bonded and Re-export Zone and the logistics park.

With state-of-the-art processing facilities, the world’s deepest 18-meter water berths, expanding roll-on/roll-off operations, and a fully integrated Port Community System, King Abdullah Port is capable of receiving today’s diverse mega cargo ships, fulfilling the growing needs of the young and fast-growing population of the Kingdom and the region.