Tawuniya partners with TT Club to elevate Saudi transport & logistics risk management

Sultan Alkhomashi, CEO of General Sector at Tawuniya
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Updated 13 August 2025
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Tawuniya partners with TT Club to elevate Saudi transport & logistics risk management

TT Club, an international insurer for the transport and logistics sectors, has entered into a strategic reinsurance partnership with The Company for Cooperative Insurance, or Tawuniya, a Saudi insurance provider.

The collaboration facilitates the launch of a newly approved liability insurance product tailored specifically to the transport and logistics industry in the Kingdom.

The new product, approved by Saudi Arabia’s insurance regulator in January, enables Saudi-based transport and logistics operators to access global-standard liability coverage through Tawuniya, with TT Club acting as the reinsurer.

This development directly aligns with Saudi Arabia’s Vision 2030 ambitions to transform the nation into a global logistics hub. Recognizing this strategic direction and the evolving risk landscape, TT Club and Tawuniya are working together to provide this vital specialized liability coverage.

Kevin King, CEO of TT Club, said: “As Saudi logistics operators expand internationally and adopt world-class operational standards, they are also developing their risk management strategies. Specialist liability insurance is a cornerstone of those strategies, in that it protects operations, supports reputational integrity, and helps to enable sustainable growth.”

The partnership does not involve a traditional joint venture or shareholder agreement. Instead, it acts practically as a commercial collaboration to provide market-leading coverage within the framework of Saudi Arabia’s well-regulated insurance landscape.

Sultan Alkhomashi, CEO of general sector at Tawuniya, said: “This partnership with TT Club strengthens our ability to serve Saudi logistics operators with world-class insurance solutions that meet the highest international standards. Together, we are helping build safer, more resilient supply chains and supporting the Kingdom’s long-term vision to be a regional and global logistics powerhouse.”

TT Club has also recently strengthened its board of directors with the appointment of Saffia Abdulla Kanoo in June. Kanoo is vice president and international business director at Kanoo Logistics, one of the longest-established logistics businesses in the Middle East. Based in Saudi Arabia, she has worked across air cargo, shipping, customs clearance and specialized logistics services.


Wallan Holding highlights its diverse offerings in aviation and automotive sectors

Updated 04 December 2025
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Wallan Holding highlights its diverse offerings in aviation and automotive sectors

Wallan Holding participated in the General Aviation Airshow – Sand & Fun 2025, organized by the Saudi Aviation Club at Al-Thummama Airport in Riyadh. 

The company showcased its diverse investment portfolio and innovative vision in the transportation sector, attracting experts, government and private entities, international companies, and aviation enthusiasts.

This exhibition marks the first general aviation event in Saudi Arabia, combining innovation, culture, and adventure in an exceptional showcase. 

It aims to promote technological advancements and highlight the future of aviation through spectacular aerial displays, interactive platforms, and extensive participation from government entities, the private sector, and industry leaders, both locally and internationally.

Fahad bin Saad Wallan, chairman of Wallan Holding, said: “Our participation in the Sand & Fun Airshow reflects our commitment to strengthening Al-Wallan Holding’s position in the general aviation sector and connecting our mobility expertise with advanced aviation services aligned with Saudi Vision 2030.

"Our presence at this event is not merely about displaying aircraft and vehicles, but rather a reaffirmation of our vision to build an integrated future that combines innovation, reliability, and sustainable development. It provided an opportunity to engage with potential global partners in aviation, logistics, and industry, and to establish fruitful collaborations.” 

At its distinguished booth, Wallan Holding presented a comprehensive showcase reflecting the diversity of its investment portfolio, which includes business jets from the Falcon and Cessna aircraft, specialized and multi-purpose private helicopters, in addition to a range of vehicles from Hyundai, Geely, Renault, Genesis, Lotus, and Zeekr.

The event featured various live and interactive activities, including professional aerial shows, as well as specialized night displays that light up the skies. 

Al-Wallan Holding’s booth attracted significant interest from visitors, VIPs, and officials from government and private sectors who learned about the company’s services in private aviation, as well as advanced mobility solutions offered through its subsidiaries and prominent global partnerships.

This participation comes as part of Wallan Holding’s strategy to strengthen its presence in the general aviation sector, which is witnessing substantial growth in the Kingdom in line with the goals of Saudi Vision 2030. 

It also marks an important step toward integrating its operations across ground and air mobility, leveraging accumulated expertise to build comprehensive solutions that serve the needs of individuals and businesses.

Wallan Holding plans to continue exploring investment opportunities in general aviation, logistics services, and smart mobility, and to enhance its partnerships with leading global companies, reinforcing its role as a pioneering Saudi group that supports economic diversification and contributes to the development of high-value sectors.