Revenue Technology Services (RTS), provider of profit optimization tools for the travel and transportation industry, announced that Saudia Cargo, one of the world’s leading cargo airlines, went live with RTS Velocity, AcceleRate and Foresight solutions as part of a phased approach. Velocity is a comprehensive revenue management solution designed to forecast capacity, show-up rate, and demand while optimizing overbooking, allotments, and bid prices. AcceleRate complements Velocity by offering dynamic pricing decision support tailored for the cargo industry. This solution considers various factors such as competition, customer value, price elasticity, and costs to recommend dynamic prices, alongside managing rating and rate…
Author: Content Writer
The Holy Month of Ramadan has begun and millions of people of across the Middle East and North Africa (MENA) experience a change in routines and timings. This has a definite impact on shopping habits among customers. Just as shoppers start to prepare well in advance for the Holy Month, so do retailers. In an interview with Prashant Saran, Director of Operations, Amazon MENA, we delve into the strategies and initiatives that Amazon deploys to navigate the intricacies of Ramadan. How does Amazon adjust its fulfilment and delivery infrastructure to manage the increased demand during the Holy Month of Ramadan? …
The winners of the Construction Innovation KSA Awards 2024 were announced on March 4, 2024, at Voco Riyadh. The event was organised by Construction Business News Middle East and BNC Publishing. The construction industry in the Middle East is a rapidly evolving sector with infrastructure development, urbanization, and economic growth. Heavy investments are taking place in the region in construction projects spanning residential, commercial, industrial, and infrastructure sectors. Major cities including Riyadh, Dubai, Doha and others serve as hubs for architectural innovation and construction excellence, attracting global investors, developers, and construction firms. Although there are multiple challenges in the field,…
Cementing its presence on three of the biggest digital marketplaces for air freight logistics, Emirates SkyCargo is now live on cargo.one. The partnership underscores Emirates SkyCargo’s long standing commitment to implementing digital solutions that streamline operations, drive efficiencies and unlock value for its global customer base. Bolstering its advanced and customer-centric digital distribution strategy, partnering with cargo.one ensures that Emirates SkyCargo offers are present where its customers wish to book. Through cargo.one, customers will be able to access Emirates SkyCargo schedules, tariff and contract rates, along with real-time access to available capacity, empowering freight forwarders to make immediate bookings at…
Etihad Cargo, the cargo and logistics arm of Etihad Airways, has significantly enhanced its charter service capabilities through a new partnership with Awery Aviation Software. This collaboration marks a pivotal step in Etihad Cargo’s efforts to meet the growing demand for charter services, spurred by the global surge in e-commerce, which has seen the carrier receive a 35 per cent increase in charter requests. As part of this strategic initiative, Etihad Cargo has implemented a customised version of Awery’s Enterprise Resource Planning (ERP) system to manage its Cargo Chartering Programme. This innovative solution will enable Etihad to streamline operations, improve…
AtkinsRéalis, a fully integrated professional services and project management company with offices around the world, expands its regional presence in the Middle East with the opening of a new office in Cairo, Egypt. The new office is part of the company’s Global Technology Center (GTC) and supports its global delivery model by providing capabilities and talent to work alongside its regions and markets on major client deliveries, driving standardization, resilience, delivery quality and technical excellence. Since 2007, AtkinsRéalis has been present in Cairo and supported the delivery of key projects across the Middle East and North Africa (MENA) region. The…
Emaar, the Economic City (EEC), and Mohammed Yousuf Naghi Group (MYN GROUP) marked a key milestone by signing a Land Sales Agreement recently at the King Abdullah Economic City (KAEC) headquarters. During the signing ceremony, attended by key representatives, including Mr. Mansour A. Al Salem, MD and BOD Member of EEC, Mr. Cyril Piaia, CEO of EEC, and Mr. Samir R. Samara, Authorised General Manager, Executive Committee and Board Member of Arabian Spare Parts & Maintenance Company (ARSAMCO), a MYN Group company, both parties signed this agreement that reflects the growth of trust, strategic partnership and collaboration, aimed at advancing…
ROSHN Group, a PIF-owned giga project and Saudi Arabia’s leading real estate developer, was honored by His Royal Highness Prince Saud Bin Bandar Bin Abdulaziz, the Deputy Governor of the Eastern Province, for its significant contribution to community development. ROSHN received an honorary shield from His Royal Highness Prince Saud Bin Bandar Bin Abdulaziz, for its efforts in renovating 100 homes across the Kingdom, a pivotal initiative by ROSHN’s extensive corporate social responsibility (CSR) program, YUHYEEK. The ceremony underscored ROSHN’s commitment to its values of empowerment, sustainability, and responsibility and celebrated the collaborative success between ROSHN Group and its implementing partner Tarmeem Charity. ROSHN’s representative delivered a…
New Murabba Development Company, a leading urban development destination in Saudi Arabia, is showcasing its transformative vision at the 2024 MIPIM, a prestigious real estate event gathering industry leaders from across the globe taking place on 12-15 March at the Palais des Festivals, Cannes, France. Under the “Invest Saudi” umbrella, New Murabba Development Company aims to attract international investment and highlight the Kingdom’s commitment to economic diversification. New Murabba Development Company is currently in the development phase of New Murabba Modern Downtown, a transformative urban development in Riyadh, Saudi Arabia. New Murabba Development Company aims to create the world’s most…
Jebel Ali Free Zone (Jafza) is emerging as the powerhouse driving the unprecedented growth of India-UAE trade, with a 28% year-on-year surge in new Indian businesses setting up in the trade and logistics hub. DP World’s flagship economic zone has seen 190 new companies from India established in 2023, bringing the total number of Indian businesses in Jafza up by 15% year-on-year to over 1,500. The surge in customers was announced following a series of Jafza trade events in Mumbai and Hyderabad that were held in coordination with the Confederation of Indian Industry (CII) and the UAE-India Business Council (UIBC).…