Unified platform for transport and logistics sector to accelerate Saudi Arabia’s digital transformation  

The Ministry of Transport and Logistics signed an agreement with the Digital Government Authority (@SaudiTransport)
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Updated 31 July 2023
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Unified platform for transport and logistics sector to accelerate Saudi Arabia’s digital transformation  

RIYADH: To facilitate the ease of doing business, Saudi Arabia’s transport and logistics activities will be unified under the digital platform Logisti. 

The Ministry of Transport and Logistics signed an agreement with the Digital Government Authority to enable this software, which will offer consultations, services, and support for the digital transformation plan, reported the Saudi Press Agency on Monday.   

In line with the goals of Saudi Vision 2030, the agreement aims to accelerate the Kingdom’s journey to become a leading industrial powerhouse and global logistics hub.  

The deal was inked by Deputy Minister of Transport and Logistics Services Rumaih Al-Rumaih and the governor of the Digital Government Authority, Ahmed Al-Suwaiyan.

Through providing all the services of the transport sector through a single window, Logisti aims to enhance the efficiency, increase access, and improve operations. 

As per agreement, platforms will be unified to enable the work of beneficiaries of numerous transport and logistics activities, which provides digital services through Logisti. 

Al-Rumaih said earlier in July that Saudi Arabia aims to rank among the top 10 countries on the World Bank’s Logistics Performance Index by 2030.

The LPI is, according to the World Bank’s website, an “interactive benchmarking tool created to help countries identify the challenges and opportunities they face in their performance on trade logistics.”

Al-Rumaih was speaking at an exhibition organized by the PTA in London to showcase the Kingdom’s maritime initiatives and achievements. Several diplomats and members of the International Maritime Organization attended the event.

Saudi Arabia’s Ambassador to the UK Prince Khalid bin Bandar bin Sultan said that the Kingdom’s progress in the maritime sector — including its close cooperation with the IMO and its support for the maritime environment — reflects the “firm and deep commitment of the Kingdom toward achieving the sustainable development goals of Saudi Vision 2030.”

Al-Rumaih said that the national strategy for transport and logistic services has set “clear goals in all aspects of maritime development.”

The Kingdom’s efforts to rank among the top 10 countries in the LPI by 2030 include establishing 59 logistic zones and increasing the capacity of its ports to over 40 million containers, he added.

“We are pleased to vigorously pursue tracks of cooperation with the IMO and member states on initiatives promoting climate, cooperation, and seafarers,” Al-Rumaih said. 


Closing Bell: Saudi main index closes in red at 10,414 

Updated 17 December 2025
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Closing Bell: Saudi main index closes in red at 10,414 

RIYADH: Saudi Arabia’s Tadawul All Share Index closed lower on Wednesday, shedding 38.85 points, or 0.37 percent, to finish at 10,414.06. 

Total trading turnover on the benchmark index reached SR3.46 billion ($920 million), with 123 stocks advancing and 134 declining. 

The Kingdom’s parallel market Nomu also shed 41.61 points, or 0.18 percent, to close at 23,428.67. 

The MSCI Tadawul Index edged down 0.45 percent to 1,368.36. 

Arabian Drilling Co. was the best-performing stock on the main market, with its share price rising 6.8 percent to SR102.90. 

Naqi Water Co. gained 4.30 percent to SR58.25, while Saudi Ground Services Co. advanced 3.78 percent to SR38.42. 

Tihama Advertising, Public Relations and Marketing Co. saw its share price fall 4.95 percent to SR16.31. 

AlAhli REIT Fund 1 also declined 3.53 percent to SR6.29. 

On the announcements front, United Mining Industries Co., listed on the parallel market, said it has begun commercial production of gypsum board at its plant in Yanbu. 

In a Tadawul statement, the company said the financial impact of the project’s commercial production will be reflected in the first quarter of 2026. 

United Mining Industries Co.’s share price was unchanged, closing at SR42.54.  

Dkhoun National Trading Co. said its shareholders approved the board’s recommendation to distribute interim dividends on a semi-annual or quarterly basis for 2025. 

According to a Tadawul statement, shareholders also approved transferring the balance of the company’s statutory reserve, valued at SR2.43 million, to retained earnings. 

Dkhoun National Trading Co.’s shares saw no trades and closed at SR65.