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Minister of Transport and Logistics Services Eng. Saleh bin Nasser Al-Jasser, who is also Chairman of the Board of Directors of Saudi Arabian Airlines Corporation, sponsored in Riyadh the works of the 56th Annual General Meeting of the Arab Air Carriers' Organization (AACO).
San Salvador, Oct 30 (Prensa Latina) Latin America is emerging as an important part of the construction of the Belt and Road Initiative, Hua Chunying, deputy director of the Information Department of the Ministry of Foreign Affairs of China, said on Monday.
Arcapita, the global alternative investment firm, is currently managing $1 billion of industrial real estate assets, making it one of the largest industrial real estate platforms in GCC. It is likely to double its GCC logistics AUM by 2025 to $2 billion.
Saudi Minister of Transport and Logistic Services Saleh bin Nasser Al-Jasser has launched in Riyadh a mega bus transport services project aimed at linking 200 cities and provinces, with the capacity to accommodate six million passengers annually. The project operates through three international alliances in three concession areas, utilizing a state-of-the-art fleet of buses equipped with advanced technological features to establish connections across 76 routes within the designated cities and provinces.
Saudi Arabia has launched a mega bus transport project that aims to link 200 cities and provinces and help accommodate 6 million passengers annually. Besides creating 35,000 new job opportunities, it will add SAR3.2 billion ($852 million) to the GDP.