GLF24’s 1st day witnesses 69 deals inking worth over SAR 17 bn

user icon
GHADA.ISMAIL
calender icon
Oct 14, 2024
article image

Riyadh – Sharikat Mubasher: Saudi Minister of Transport and Logistics Services Saleh Al-Jasser announced the signing of 69 agreements worth over SAR 17 billion on the first day of the Global Logistics Forum (GLF24).

The Minister told Al Arabiya Business that one of the agreements between Saudi Arabia and Egypt was signed to facilitate maritime transport and tourism in the Red Sea and integration for this purpose.

Some other deals and memoranda of understanding were also inked for airports and shipping centers, Al-Jasser added.

Al-Jasser also revealed that the Riyadh Metro is nearing its grand opening, which is expected to take place within just a few weeks. He highlighted that the metro is undergoing daily testing, calling it an “exceptional and historic project.”

The Riyadh Metro spans 176 kilometers and includes 85 stations. The metro system will integrate with the Riyadh Bus Network, which comprises 24 routes stretching 1,083 kilometers, serving 776 stations

The two-day Global Logistics Forum kicked off yesterday and ends today, Oct. 14. It is being held at the King Abdullah Financial District and is organized by the Ministry of Transport and Logistics Services, under the patronage of King Salman.


Share

Related News

Neo Space Group partners with Arabsat to develop geospatial services across GCC
News
Calendar Icon
September 2, 2026
Neo Space Group partners with Arabsat to develop geospatial services across GCC
Read More
SABIC, Lenovo collaborate to drive industrial innovation
News
Calendar Icon
September 2, 2026
SABIC, Lenovo collaborate to drive industrial innovation
Read More
Mozn inks agreement with National Guard Ministry on AI at LEAP 2026
News
Calendar Icon
September 2, 2026
Mozn inks agreement with National Guard Ministry on AI at LEAP 2026
Read More
HUMAIN collabs with Brain to develop enterprise AI solutions for Saudi customers
News
Calendar Icon
September 2, 2026
HUMAIN collabs with Brain to develop enterprise AI solutions for Saudi customers
Read More
HUMAIN, KORA Systems partner to build AI-native operating system
News
Calendar Icon
September 2, 2026
HUMAIN, KORA Systems partner to build AI-native operating system
Read More
HUMAIN, Reflection AI join forces on sovereign AI deployment
News
Calendar Icon
September 2, 2026
HUMAIN, Reflection AI join forces on sovereign AI deployment
Read More
SE signs 3 pacts to power Kingdom's AI, data center projects
News
Calendar Icon
September 2, 2026
SE signs 3 pacts to power Kingdom's AI, data center projects
Read More
King Salman Park Foundation, Huawei sign MoU to develop sustainable digital infrastructure
News
Calendar Icon
September 2, 2026
King Salman Park Foundation, Huawei sign MoU to develop sustainable digital infrastructure
Read More
Hero Esports brings first humanoid robot kickboxing event to Riyadh
News
Calendar Icon
September 2, 2026
Hero Esports brings first humanoid robot kickboxing event to Riyadh
Read More
Solutions by stc, Tatweer Educational partner to develop ‘Madares’ platform
News
Calendar Icon
September 2, 2026
Solutions by stc, Tatweer Educational partner to develop ‘Madares’ platform
Read More