Tender opens for dry port construction near Saudi-Omani border

The dry port is the main driver of the economic zone, located near the Saudi-Omani border.
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Updated 27 February 2025
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Tender opens for dry port construction near Saudi-Omani border

The Public Authority for Special Economic Zones and Free Zones, known as OPAZ, has announced the launch of the third package tender for the development of the Economic Zone at Al-Dhahira, which includes the construction of dry port facilities and a veterinary quarantine.

OPAZ has invited experienced Saudi and Omani companies to purchase the tender documents and submit their bids before April 17.

The dry port is the main driver of the economic zone, located near the Saudi-Omani border, known as Al-Rubaa Al-Khali. It is being developed in collaboration between Saudi Arabia and Oman. The total area allocated for the dry port is 4 square kilometers and the first phase of the dry port will be constructed on 1 square kilometer. In addition, the tender covers the construction of a veterinary quarantine.

Ibrahim Yousuf Al-Zadjali, project manager — EZAD, said that the new tender will enable EZAD to achieve its objectives of enhancing trade between Saudi Arabia and Oman. The design incorporates the latest facilities and ensures the port is built in line with the highest standards and top-quality specifications.

He affirmed that the dry port, in integration with the border crossing, will shorten the time required for goods transported to and from Oman via other entry points. This will be achieved by reducing the number of transit points, thereby decreasing the time needed for goods to reach their final destination.

He also noted that the dry port will facilitate the smooth flow of goods between the Kingdom and Oman, enhance bilateral trade, strengthen investment partnerships, and attract further investment.

The tender includes the execution of civil, mechanical, electrical, plumbing and structural works for the dry port and veterinary quarantine.


STC Bank launches business portal for businesses, entrepreneurs and freelancers

Updated 10 February 2026
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STC Bank launches business portal for businesses, entrepreneurs and freelancers

STC Bank has launched a business portal as part of its strategy to provide integrated and Shariah-compliant digital banking services targeting multinationals, entrepreneurs and self-employed. The move reflects the bank’s commitment to enhancing and facilitating the banking experience through modern digital solutions.

The Business Portal is the first integrated digital experience that enables business customers to start their banking relationships and manage their entire business through a single digital platform, designed to meet the needs of various sectors, providing an easy and flexible banking journey characterized by simplicity and ease of use.

The portal provides a comprehensive dashboard that allows business owners to efficiently manage users, financial structuring and authorization matrix, where users can be added, assigned, and manage access to banking services flexibly within an advanced digital experience.

The Business Portal also includes a full range of banking services, most notably payments and remittances, beneficiary management, statement review and extraction, digital certificate issuance, as well as employee salary management, giving business owners full control over their financial operations through a unified and secure platform.

STC Bank allows registration and availing of business portal services through its website, while ensuring the highest levels of security using the latest cybersecurity and advanced financial technologies.

The launch of the upgraded Business Portal is part of STC Bank’s digital transformation journey toward building an integrated digital bank, which provides innovative banking solutions that contribute to supporting the growth of the business sector and enhancing the digital economy in the Kingdom.