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  1. Mubasher News
  2. Gulf Warehousing establishes new subsidiary in Saudi Arabia

Gulf Warehousing establishes new subsidiary in Saudi Arabia

NOHA.GAD
Jun 18, 2025
The Qatar-based Gulf Warehousing Company established a new wholly owned subsidiary in Saudi Arabia to expand regional presence

Riyadh - Sharikat Mubasher: Gulf Warehousing Company (GWC), a leading provider of logistics and supply chain solutions in Qatar, announced the establishment of a new wholly owned subsidiary in Saudi Arabia.

The new subsidiary, named GWC ENR, will be located in Dammam and will be 100% owned by GWC, the company announced in a bourse statement today.

This move came as part of GWC’s strategic plan to expand its regional presence and enhance its logistics and supply chain capabilities across the GCC.

GWC offers best-in-class logistics and supply chain services, including warehousing, distribution, logistics solutions for hazardous materials, freight forwarding, project logistics, sporting events and equestrian logistics solutions, fine art logistics, supply chain consulting services, transportation, records management, and local and international relocation services. 

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BIE confirms Riyadh as Expo 2030 host, hands over flag
Riyadh - Sharikat Mubasher: The Expo 2030 Riyadh’s Registration Dossier received final approval during the Bureau International Des Expositions (BIE) General Assembly in Paris, marking the final step in confirming Saudi Arabia as the official host country for the upcoming Expo. As part of the proceedings, BIE handed over the World Expo flag to the Saudi delegation, according to a recent statement by the Royal Commission for Riyadh City (RCRC).The approval of the Registration Dossier unlocks the next phase of formal preparations for Riyadh Expo 2030, which includes extending official invitations to international participants through diplomatic channels. It also reflects Saudi Arabia’s readiness to deliver a world-class Expo. Commenting on this milestone, Ibrahim Al-Sultan, Minister of State, Member of the Council of Ministers, and Acting CEO of RCRC, said: “The approval of the Registration Dossier in record time highlights the Kingdom’s leadership on the global stage and underscores the world’s confidence in Saudi Arabia’s vision and capabilities. It also reflects the high level of professionalism demonstrated by the teams involved in preparing and reviewing the Registration Dossier.”Al-Sultan led the Saudi delegation at the BIE General Assembly, which included the Ambassador of the Kingdom of Saudi Arabia in France, Fahad Al-Ruwaily, and other officials.Riyadh is the first Expo host to complete and submit its Registration Dossier in such a short timeframe, almost half the time usually required for this kind of dossier. Set to take place from 1 October 2030 to 31 March 2031, Riyadh Expo 2030 will be one of the largest Expos ever, held on a six million square meter site.The site is designed to welcome over 40 million visits through world-class infrastructure, hospitality venues, and cutting-edge facilities, ensuring an unforgettable experience for all participants and visitors, with a target of more than 195 participating nations. 
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iSchool acquires Algoriza’s edtech arm SEEDS
Riyadh - Sharikat Mubasher: iSchool, the leading K-12 and coding education platform based in Egypt, acquired SEEDS, the education technology (EdTech) division of Egyptian-Saudi software powerhouse Algoriza, to deepen its presence in Saudi Arabia and scale its corporate education initiatives.In a recent statement, iSchool revealed that the acquisition will accelerate its rapid growth trajectory in Saudi Arabia by giving it immediate access to SEEDS’ operational base, educational partnerships, and a growing student footprint across several regions in the Kingdom.Together, iSchool and SEEDS plan to expand national school partnerships, deepen bilingual curriculum development, and roll out high-impact programs across both public and private education channels in Saudi Arabia.This partnership will also enable iSchool to accelerate its expansion into one of the region’s most promising frontiers: AI and coding upskilling for employees’ children as a corporate HR benefit.Muhammad Gawish, Co-Founder and CEO of iSchool, said: “SEEDS brings incredible local momentum, and together we’re able to unlock national impact at scale. This also gives us the infrastructure to launch a new category: teaching AI and coding to the children of the workforce.”With over 131,000 graduates across more than 20 countries, iSchool delivers live one-to-one and group-based classes in artificial intelligence, data science, cybersecurity, game development, and UI/UX design.Mohamed Aldmohy, Co-Founder and CEO of Algoriza, commented: “Joining iSchool is a natural evolution of our vision. We’ve always believed that AI education must start early, and this partnership allows us to drive that belief across a much larger canvas, while also creating new value for employers and educators alike.”The acquisition of SEEDS positions iSchool to play a central role in delivering future-ready skills to both classrooms and corporate communities, bridging the gap between education and innovation for the region’s next generation.
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