Solution by Aramco, SIDF And Taulia aims to provide alternative and competitive source of financing for suppliers, reinforcing supply chain resilience Aramco, one of the world’s leading integrated energy and chemicals companies, and Taulia, a SAP company and leading FinTech provider of working capital management solutions — supported by the Saudi Industrial Development Fund (SIDF) as one of the key finance providers of the domestic industrial sector — have signed agreements to establish a supply chain financing solution. The entities are joining forces to establish one of the world’s largest supply chain financing programs, which aims to provide an alternative…
Author: Aya Zhang
The new feature is an additional enhancement to Yango Maps’ robust navigation tools Yango Maps, the feature-rich app for seamless navigation, has introduced a new feature in Dubai that lets users see public buses and marine transport locations on the map in real time. Live public transportation icons now display the transport location at any given moment, saving the users’ time and making daily commutes more efficient. This has been made possible by RTA adopting an open data policy to provide precise data on public transport locations in real time through a smart system that monitors and continuously updates the…
Swisslog has successfully completed over 350 automation projects across 35 countries Swisslog, the global leader in innovative robotic, data-driven, and flexible automated solutions, is set to participate in Gulfood Manufacturing 2024, the region’s premier platform for exploring the future of food production through cutting-edge technologies and integrated supply chain solutions that are shaping the industry. From 5th to 7th November 2024, visitors will have the opportunity to learn how Swisslog’s innovative automation solutions are empowering food producers to stay ahead of evolving challenges in production, distribution, and retail. Visitors to the company’s booth can witness the power of automation with live…
Abdo Chlala, Country Manager at Amazon KSA, takes us on an in-depth look at the company’s operations and future ambitions E-Commerce Growth in Saudi Arabia Saudi Arabia is one of the largest and fastest-growing e-commerce markets in the region. Government data indicates that almost two out of three people in the Kingdom shop online today at leading sites such as Amazon.sa. There are a number of factors that contribute to the growth of the country’s online retail sector. At 99%, Saudi Arabia has one of highest internet penetration rates in the world, making online shopping more accessible to customers. This…
GE Aerospace announced a 10-year, multi-million-dollar services agreement with Emirates supporting the electrical load management system on its Boeing 777 fleet. The agreement is supported by GE Aerospace in Cheltenham, UK. The airline is the world’s largest B777 operator with a fleet of 143 aircraft. Electrical load management systems help aircraft operate more safely and efficiently through enhanced management and distribution of electrical power throughout the aircraft. Ahmed Safa, Emirates’ Head of Engineering & MRO said: “Improving operational reliability and aircraft availability, maximizing efficiency, and enhancing safety have always been at the heart of how we support our fleet, and…
DHL Supply Chain uses Boston Consulting Group’s expertise to lead in GenAI innovation DHL Supply Chain has launched a significant venture into Generative AI, developed with the support of Boston Consulting Group (BCG). DHL is deploying a suite of innovative AI applications at scale to enhance its data management and analytics capabilities, aiming to improve the provision of insights and directly unlock greater value for customers. This strategic initiative marks a pivotal step in DHL Supply Chain’s wider efforts to harness the potential of AI and to improve customer experience. DHL Supply Chain’s first key Gen AI application is a…
SLG Group announces project milestone alongside Dubai Industrial City at globally renowned SIAL Paris exhibition held on 19-23 October Silver Line Gate Group (SLG Group) has started construction on its AED 200 million integrated hub at Dubai Industrial City, the Middle East’s leading manufacturing and logistics hub that is one of TECOM Group PJSC’s 10 vibrant business districts across Dubai. The manufacturing, warehouse, and corporate office facility spanning 1.37 million sq.ft. will open next year, Dubai Industrial City announced on the sidelines of SIAL Paris 2024, the globally renowned food exhibition held on 19-23 October at Paris Nord Villepinte, France. …
DHL is committed to addressing the region’s complex supply chain needs In line with DHL’s commitment to delivering unparalleled end-to-end supply chain solutions to customers globally, DHL Group is pleased to announce the introduction of DHL Supply Chain in the United Arab Emirates through a strategic transfer of specific business operations from DHL Global Forwarding. This transition builds on DHL’s strong track record of customer-centric logistics services, while addressing the growing demand for holistic contract logistics offerings that will further complement the Group’s existing service portfolio in the region. In addition to the already existing cross border transportation, forwarding and…
The Minister of Transport stated that King Salman International Airport is set to become one of the largest airports globally Minister of Transport and Logistic Services Eng. Saleh Al-Jasser on Wednesday conducted an inspection tour of the development projects at King Khalid International Airport, where he directed officials to accelerate efforts and maintain high performance levels in line with the development plans and objectives of the civil aviation strategy. Al-Jasser highlighted the significance of the master plan for King Salman International Airport, launched by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister,…
In line with the “Dubai Digital Strategy” launched by H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, with the vision of wise leadership to make Dubai a global model for digital transformation, The Ports, Customs, and Free Zone Corporration signed a Memorandum of Understanding with Oracle during its participation in GITEX Global 2024, aiming to achieve a flexible and seamless digital transformation in the PCFC’ systems and services infrastructure to support partners, clients, and employees alike.…