Saudi Arabia ramps up infrastructure to become a global logistics hub

The Kingdom’s strategic location has helped it become a leader in logistics and transport sectors. (Shutterstock)
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Updated 30 April 2023
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Saudi Arabia ramps up infrastructure to become a global logistics hub

RIYADH: Saudi Arabia’s strategic location connecting Asia, Africa, and Europe has propelled the country’s goal of becoming a global logistics hub for the three continents.  

It also helped the Kingdom become a leader in logistics and transport sectors, as it is consolidating the country’s network of 72,000 km of roads, including 3,690 bridges and 76 tunnels.  

This comes as the Ministry of Transport and Logistic Services is looking at effective plans to connect the far-flung regions and shorten the distances between cities.  

Additionally, the ministry has planned to facilitate the procedures linked to the arrival and movement of visitors, tourists, and pilgrims to the two holy mosques.  

According to a recent report, it added 56 roads totaling 1,610 km in 2022, besides inspecting 608 bridges and 37 tunnels to ensure the infrastructure was safe and sound.  

The Kingdom also bolstered its air network last year, launching the King Salman International Airport and two terminals of King Khaled International Airport in Riyadh, expanding Al-Qaisumah Airport, and completing the institutional transformation of 25 airports in the Kingdom.  

Furthermore, during the 2022 FIFA World Cup, the Kingdom operated daily flights to transport passengers to Qatar.  

The infrastructure push led to 88 million passengers taking flights last year, even as the freight transport touched 623,000 tons.  

Rail networks last year also recorded a 115 percent increase to 5.8 million travelers compared to 2021.  

The Al-Mashaaer Al-Mugaddassah Metro Line transported over 1.3 million pilgrims during the Hajj season last year.  

Moreover, over 23 million tons of minerals and goods were moved via trains, a 9 percent increase over 2021.  

The railway sector also witnessed prominent launches including the project linking the North and East networks, the Jubail inner network, the Al-Qurayyat passenger train, and the car freight service via passenger trains in the North Railway.  

The report revealed that the train network kept 1.8 million trucks off the Kingdom’s roads.  

Launched by Crown Prince Mohammed bin Salman in 2021, the National Transport and Logistics Strategy is a significant driver in reinforcing the Kingdom’s position as a global logistics hub. 


The Family Office to host global investment summit in Saudi Arabia

Updated 18 January 2026
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The Family Office to host global investment summit in Saudi Arabia

RIYADH: The Family Office, one of the Gulf’s leading wealth management firms, will host its exclusive investment summit, “Investing Is a Sea,” from Jan. 29 to 31 on Shura Island along Saudi Arabia’s Red Sea coast.

The event comes as part of the Kingdom’s broader Vision 2030 initiative, reflecting efforts to position Saudi Arabia as a global hub for investment dialogue and strategic economic development.

The summit is designed to offer participants an immersive environment for exploring global investment trends and assessing emerging opportunities and challenges in a rapidly changing financial landscape.

Discussions will cover key themes including shifts in the global economy, the role of private markets in portfolio management, long-term investment strategies, and the transformative impact of artificial intelligence and advanced technologies on investment decision-making and risk management, according to a press release issued on Sunday.

Abdulmohsin Al-Omran, founder and CEO of The Family Office, will deliver the opening remarks, with keynote addresses from Saudi Energy Minister Prince Abdulaziz bin Salman and Prince Turki Al-Faisal, chairman of the King Faisal Center for Research and Islamic Studies.

The press release said the event reflects the firm’s commitment to institutional discipline, selective investment strategies, and long-term planning that anticipates economic cycles.

The summit will bring together prominent international and regional figures, including former UK Treasury Commercial Secretary Lord Jim O’Neill, Mohamed El-Erian, chairman of Gramercy Fund Management, Abdulrahman Al-Rashed, chairman of the editorial board at Al Arabiya, Lebanese Minister of Economy and Trade Dr. Amer Bisat, economist Nouriel Roubini of NYU Stern School of Business, Naim Yazbeck, president of Microsoft Middle East and Africa, John Pagano, CEO of Red Sea Global, Dr. Anne-Marie Imafidon, MBE, co-founder of Stemettes, SRMG CEO Jomana R. Alrashed and other leaders in finance, technology, and investment.

With offices in Bahrain, Dubai, Riyadh, and Kuwait, and through its Zurich-based sister company Petiole Asset Management AG with a presence in New York and Hong Kong, The Family Office has established a reputation for combining institutional rigor with innovative, long-term investment strategies.

The “Investing Is a Sea” summit underscores Saudi Arabia’s growing role as a global center for financial dialogue and strategic investment, reinforcing the Kingdom’s Vision 2030 objective of fostering economic diversification and sustainable development.