Mawani, Dutch Port of Rotterdam ink agreement to develop smart ports, human capabilities

The agreement falls in line with Mawani’s efforts to bolster the competitiveness of Saudi ports globally in cooperation with the National Competitiveness Center. (Supplied)
Short Url
Updated 24 August 2023
Follow

Mawani, Dutch Port of Rotterdam ink agreement to develop smart ports, human capabilities

RIYADH: Saudi ports are on track to equip the workforce with the relevant skills and technology to solve internal and external challenges while facilitating the efficient movement of goods, delivery of services and smooth flow of information thanks to a new agreement.   

The Saudi Ports Authority, known as Mawani, has signed a partnership agreement with the Dutch Port of Rotterdam aimed at enhancing cooperation in developing smart ports and human capabilities while exchanging experiences and knowledge, according to a statement.   

The agreement aligns with Mawani’s efforts to bolster the competitiveness of Saudi ports globally in cooperation with the National Competitiveness Center.   

It also aligns well with the authority’s attempts to support and further enable the maritime transport sector, the ports and the logistics services.     

Under the terms of the agreement, both parties will work together to foster digital transformation toward smart ports. 

They will collaborate with the marine environment agenda and the green ports initiative to develop the operational and logistical performance in Saudi ports. 

The newly signed partnership is also expected to contribute to maximizing the values of complementary work between Mawani and the Port of Rotterdam, which increases the optimal investment of the strategic location occupied by Saudi ports and its capabilities.   

In addition, the agreement also sees Mawani benefiting from the operational expertise of the Port of Rotterdam regarding managing ports, developing their business and planning their strategies.   

Earlier this month, Mawani announced adding 20 new shipping services in the first half of 2023 in a bid to boost supply chains and consolidate its position as a global logistics center. 

At the time, the Saudi Press agency reported that the authority added these new shipping services across Jeddah Islamic Port, King Abdulaziz Port in Dammam and Jubail Commercial Port to link the Kingdom with other global ports while facilitating trade and export. 


Egypt-born Dina Powell McCormick appointed Meta president and vice chairman

Updated 13 January 2026
Follow

Egypt-born Dina Powell McCormick appointed Meta president and vice chairman

  • The former Goldman Sachs partner and White House official previously served on Meta’s board of directors
  • Powell McCormick, who was born in Cairo and moved to the US as a child, joins the management team and will help guide overall strategy and execution

LONDON: Meta has appointed Egypt-born Dina Powell McCormick as its new president and vice chairman.

The company said on Monday that the former Goldman Sachs partner and White House official, who previously served on Meta’s board of directors, is stepping up into a senior leadership role as the company accelerates its push into artificial intelligence and global infrastructure.

Powell McCormick, who was born in Cairo and moved to the US as a young girl, will join the management team and help guide its overall strategy and execution. She will work closely with Meta’s Compute and infrastructure teams, the company said, overseeing multi-billion-dollar investments in data centers, energy systems and global connectivity, while building new strategic capital partnerships.

“Dina’s experience at the highest levels of global finance, combined with her deep relationships around the world, makes her uniquely suited to help Meta manage this next phase of growth as the company’s president and vice chairman,” Meta founder and CEO Mark Zuckerberg said.

Powell McCormick has more than 25 years of experience in finance, national security and economic development. She spent 16 years as a partner at Goldman Sachs in senior leadership roles, and served two US presidents, including stints as deputy national security adviser to Donald Trump, and a senior State Department official under George W. Bush.

Most recently, she was vice chair and president of global client services at merchant bank BDT & MSD Partners.