Jeddah Port will be developed by DP World as part of a plan to diversify Saudi Arabia's economy.
UAE based port management and logistics company, Gulftainer, has acquired a 51% stake in Saudi Arabia’s Gulf Stevedoring Contracting Company (GSCCO).
Middle East container trade rides the wave of increased regional spending. Mike Mundy reports
Saudi Arabia’s Red Sea Gateway Terminal is poised to award the contract for civil works relating to the extension of its terminal.
Over $260m is to be spent on an upgrade of Saudi Arabia’s Jeddah Islamic Port to increase its capacity, according to Arab News.
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