Chinese JD Logistics launches first regional hub in Riyadh to speed up deliveries

JINGDONG Logistics is the logistics arm of China’s largest retailer JD.com. JINGDONG Corporate Blog
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Updated 19 June 2025
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Chinese JD Logistics launches first regional hub in Riyadh to speed up deliveries

RIYADH: China’s JD Logistics has launched a regional operations center in Riyadh, enabling same-day and next-day deliveries across Saudi Arabia through its self-operated express service, JoyExpress.

The new 8,000-sq.-meter smart warehouse — JD’s first in the region — will serve as a logistics base for its business-to-consumer delivery network, supported by advanced automation and a robust supply chain infrastructure, the company said in a press release. 

The facility is expected to meet rising consumer demand in Saudi Arabia, with a report released in April by Research and Markets showing that the Kingdom’s e-commerce market is expected to grow at a compound annual growth rate of 12.10 percent during the period from 2025 to 2033, to reach $68.94 billion.

Rayan Al-Bakri, deputy minister for Logistics Services at Saudi Arabia’s Ministry of Transport and Logistics Services, said: “JINGDONG Logistics’ investment in Saudi Arabia aligns with our national vision to become a global logistics hub.”  

He added: “We welcome the company’s advanced self-operated express delivery services, which we believe will not only elevate service standards in the Kingdom but also create new opportunities for employment, innovation, and industry development in support of Vision 2030.” 

Saudi Arabia’s National Logistics Strategy aims to position the Kingdom as a leading global logistics hub by enhancing infrastructure, fostering economic growth, and ensuring integration across various modes of transport. 

During the launch, JD Logistics Vice President Wang Ying announced that the company’s services will cover most regions of the Kingdom, the Saudi Press Agency reported. 

Saudi Arabia’s courier, express, and parcel market is expanding rapidly, fueled by a digitally savvy population and the ongoing rise of e-commerce. 

According to a report by Mordor Intelligence, the Kingdom’s CEP market is projected to grow at a compound annual growth rate of 6.48 percent from 2025 to 2030, with the B2C segment already comprising 56 percent of the market value in 2024. 

“The launch of JoyExpress marks a key milestone in JD.com’s international journey and business development in Saudi Arabia,” said Charlie Peng, head of Middle East at JD Logistics. 

He added: “JINGDONG Logistics will provide leading edge services to our customers in Saudi Arabia and importantly, align with Saudi Arabia’s Vision 2030 strategy with its focus on logistics and job creation.” 

The launch comes amid a broader wave of international investment in Saudi Arabia, aligned with the Kingdom’s regional headquarters program. 

The initiative offers incentives including a 30-year corporate income tax exemption, withholding tax relief, and regulatory support for multinationals operating in the Kingdom. 

In March, SPA reported that 600 foreign companies have established regional headquarters in the Kingdom since 2021. 

Notable firms include BlackRock, Northern Trust, and Bechtel, as well as PepsiCo, IHG Hotels & Resorts, PwC, and Deloitte.


Oman property price index jumps 17.3% in Q3 

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Oman property price index jumps 17.3% in Q3 

JEDDAH: Oman’s real estate price index recorded a 17.3 percent increase in the third quarter of 2025 compared with the same period in 2024, according to official data. 

The commercial property price index rose 14.6 percent, driven by a 19 percent increase in commercial land prices, while the cost of commercial shops fell by 8.5 percent, as per the country’s National Centre for Statistics and Information, or NCSI, based on figures from the Ministry of Housing and Urban Planning. 

Industrial land prices posted a moderate increase of 5.5 percent, while residential property prices recorded stronger growth of 18.7 percent year on year, the Oman News Agency reported. 

The rise in Oman’s real estate price index comes amid broader momentum across Gulf property markets, where residential activity remained resilient in the third quarter of 2025. Higher demand in major cities across the region, supported by population growth and ongoing infrastructure investment, helped underpin price gains, even as some markets faced tighter financing conditions. 

“As for the residential property price index, it achieved clear growth in the third quarter of 2025, with a rate of 18.7 percent compared to the third quarter of 2024, as residential land prices increased by 19.6 percent, residential apartments by 22.4 percent, in addition to the growth of villa prices by 16.5 percent, while the prices of other houses decreased by 0.5 percent,” the ONA report stated. 

Oman’s residential land prices climbed 19.6 percent, with apartments rising by 22.4 percent, while villas increased by 16.5 percent. Prices of other types of houses saw a slight decline of 0.5 percent. 

At the governorate level, Muscat recorded the highest increase in residential land prices at 48.3 percent, followed by Musandam at 29.7 percent, Al-Dakhiliyah at 12.3 percent, Al-Batinah South at 8.7 percent, North Al Batinah at 8.1 percent, and Dhofar at 4 percent. 

On the other hand, some governorates saw declines in residential land prices, with Al-Dhahirah down 25.8 percent, Al-Buraimi down 24.6 percent, Al-Wusta down 13.3 percent, Al-Sharqiyah North down 4 percent, and Al-Sharqiyah South down 2.2 percent. 

“This increase reflects continued demand in Oman’s real estate market, with residential properties in Muscat and Musandam driving much of the growth,” the ONA report added. 

The data also show clear differences across regions, with price gains concentrated in major urban areas. Strong demand in Muscat and coastal governorates was supported by population growth, investment, and infrastructure spending, while some interior regions recorded declines as market activity softened.