With a vast land mass covering more than 2m sq km, and sizeable mining and heavy industry sectors, transport and logistics are vital to Saudi Arabia’s economic success and future growth. As record oil prices from 2008 to 2014 filled state coffers, the authorities decided to invest a significant portion of the windfall in improving the Kingdom’...
Saudi Arabia’s transport services have witnessed significant developments in recent times, and this is set to continue with an anticipated $190bn to be invested in the sector through to 2025. The majority of this – around $141bn – will go towards rail and public transport networks. Successive phases of railway development will extend the network across the entire country, with the aim of...
The accession of King Salman bin Abdulaziz Al Saud in January 2015 was the start of a new chapter for the Kingdom, and with the fall in global oil prices and continued regional turbulence there are undoubtedly challenges to be met. However, domestic stability, combined with the government’s commitment to major development projects and sustained focus on economic diversification, indicate a positive overall outlook for the country moving forward.
Increased investments and a targeted approach to joining up Oman’s logistics chain will boost the sultanate’s capacity to move its domestic and export cargoes, as well as strengthen its credentials as a major freight trans-shipment hub.
The long-distance passenger and freight rail transportation system in Qatar, part of the wider GCC rail network currently under development, is moving closer to pulling out of the station.
The arrival of the first liquefied natural gas (LNG) shipment from Qatar at Aqaba Port last month signalled a major step forward for Jordan’s energy sector, while also putting the country’s plans for developing transport infrastructure firmly in the spotlight.
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