Bahri transports medical supplies to meet local demand

Abdullah Aldubaikhi, CEO of Bahri.
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Updated 30 June 2020

Bahri transports medical supplies to meet local demand

Bahri, a Saudi provider of logistics and transportation services, has been operating cargo flights from China to the Kingdom to transport medical equipment and supplies to the government of Saudi Arabia. This is in line with its ongoing efforts to support the Ministry of Health’s initiatives to contain and combat COVID-19 and as part of its SR10 million ($2.66 million) worth of services donated to the ministry.

The special air cargo transportation is also a result of the joint efforts between Bahri, Saudi Aramco, SABIC, and NUPCO in combating the spread of the virus. 

Bahri provided its logistics services to ship medical equipment and supplies purchased by Saudi Aramco and SABIC to the Kingdom’s airports. Bahri’s services included transporting goods from supplier warehouses and factories and storing them in China, and then completing customs clearance and chartering aircraft to deliver the cargo to the Kingdom.

Bahri operated seven cargo flights in May and June to transport into the Kingdom 25.622 million surgical masks, 326,000 N95 masks, 398,335 face shields, and 92,851 protective goggles, as well as 12.835 million latex medical examination gloves.

Abdullah Aldubaikhi, CEO of Bahri, said: “As a company dedicated to contributing to the development of Saudi Arabia and the prosperity of its society, Bahri is keen to reinforce and support national efforts to tackle the coronavirus pandemic in the Kingdom.  “The operation of air cargo flights to transport medical supplies and equipment to the country represents our continuing support to the initiatives of the Ministry of Health. Offering our capabilities and logistical expertise to facilitate the transportation of medical supplies remains our highest priority at present. 

“We are confident that, in cooperation with Saudi Aramco, SABIC, and NUPCO, we will achieve the common national goal of preserving public health, safety, and security in the Kingdom.”

In addition, Bahri shipped more than 7.54 million latex medical examination gloves, 24,233 packs of dry wipes, 587 sets of powered air-purifying respirators, 587 TM-H2 hoods, and 5.348 million surgical masks to the Kingdom. The company will operate additional cargo flights to meet the needs of the local health care sector.


Virtual BMG forum to spotlight Saudi investment

Updated 07 July 2020

Virtual BMG forum to spotlight Saudi investment

More than 20 high-level Saudi government representatives and 15 local and international CEOs will bring to light post-pandemic investment opportunities in Saudi Arabia at the 2020 BMG Economic Forum, which will go virtual this year.

The forum, with a 25-year history, will be held on July 15 from 2 p.m. to 8:45 p.m. KSA time.

The forum is organized by BMG Financial Group and its CSR arm, BMG Foundation, and is part of the BMG Summer Retreat, which always takes place in the UK and also hosts a polo match, with the presence of Saudi and British royals among participants.

“In the wake of the coronavirus outbreak, the Saudi economy needs foreign investment more than ever,” said Basil Al-Ghalayini, chairman and CEO, BMG Financial Group. “Saudi Arabia is on a journey of economic diversification, which offers many investment opportunities, and international investors have for several years been encouraged by the clear direction that Vision 2030 offers as well as by the huge improvement in the prestigious annual world competitiveness rankings by the Swiss IMD.”

Explaining the role and purpose of the 2020 BMG Economic Forum, Al-Ghalayini said: “Now that we are focused on post-pandemic recovery, the international investor community is keen to get a comprehensive update on the Saudi economy as well as on key industries — those that are the pillars of the transformation of the Saudi economy. Therefore, the timing of the annual BMG Economic Forum has never been better, and we are proud to host a very prestigious lineup of speakers and welcome over 500 participants.”

The recently launched tourism development fund and the opportunities for accelerating the recovery will be a leitmotiv for the virtual BMG Economic Forum this year. Saudi government officials and local and international business executives will discuss the investment opportunities for foreign investors and Saudi organizations.

In the tradition of BMG Foundation Classics’ charitable summer concerts in London, the foundation will this year unite an orchestra with musicians representing the G20 countries, including musicians from Nova Orchester Wien. The concert will be broadcast live digitally from Ehrbar Hall in Vienna, Austria, at the end of the BMG Economic Forum.

Reflecting international cooperation within the G20 group of nations, 20 young musicians will come together to play a concert of Eastern and Western music, conducted by Maestro William Garfield Walker, a young American conductor based in Vienna. The program features music composed by Syrian-Argentinian composer Diego Collatti, including traditional Arabic music, arranged specially for this concert, in the classical tradition of Western music.

Other sectors and themes featuring on the forum agenda include: The new mining law, what is next for Saudi capital markets, energy, international supply chains and food security strategy revisited.

The confirmed speakers include: Bander Al-Khorayef, Saudi minister of industry and mineral resources; Stephen Groff, governor, Saudi National Development Fund; Dr. Frank Appel, CEO, Deutsche Post DHL Group; Paddy Padmanathan, president and CEO of ACWA Power; Dr. Ali Parsa, founder and CEO of Babylon Health; Ali Alireza, managing director, Haji Husein Alireza and Co. Ltd.; Reema Al-Asmari, CEO, corporate and investment banking KSA, Natixis; Richad Soundardjee, CEO, Societe Generale Middle East; Nicholas Naples, CEO, Amaala; and Khalid Al-Hussan, CEO, Tadawul and Hussain Shobokshi, Businessman, Consultant and Columnist.

 

The prominent speakers will also cover topics such as privatization, partnerships and digitization in health care and sustainable investment trends.