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Saudi Arabia is significantly investing in its maritime sector, aiming to become a global logistics hub and reduce reliance on traditional trade routes. With over SR25 billion invested, the Kingdom is enhancing its shipbuilding capacity and port infrastructure, while also focusing on sustainability and cybersecurity. Initiatives like Cruise Saudi and the development of smart ports are set to attract millions of tourists and streamline logistics, aligning with Vision 2030's economic diversification goals.
Saudi Arabia is significantly investing in its maritime sector, aiming to become a global logistics hub and reduce reliance on traditional trade routes. With over SR25 billion invested, the Kingdom is enhancing its shipbuilding capacity and port infrastructure, while also focusing on sustainability and cybersecurity. Initiatives like Cruise Saudi and the development of smart ports are set to attract millions of tourists and streamline trade, aligning with Vision 2030's economic diversification goals.
Saudi Arabia is significantly investing in its maritime sector, aiming to become a global logistics hub and reduce reliance on traditional trade routes. With over SR25 billion invested, the Kingdom is enhancing its shipbuilding capacity and port infrastructure, while also focusing on sustainability and cybersecurity. Initiatives like Cruise Saudi and the development of smart ports are set to attract millions of tourists and streamline trade, aligning with Vision 2030's economic diversification goals.
Italy and the UAE have finalized a USD 40 billion investment agreement, enhancing their economic ties across energy, AI, defense, and space. This landmark deal, announced at the Italy-UAE Business Forum in Rome, positions Italy as the UAE's top non-oil trading partner in Europe and includes over 40 bilateral agreements. Major Italian firms will spearhead initiatives in digital connectivity, advanced manufacturing, and space exploration, while also expanding defense cooperation into industrial partnerships.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
saudi arabia invests in maritime sector to enhance global trade logistics
United States Dollar
Fincantieri S.p.A.
SAU
Omar Hariri
Poul Hestbaek
Pierroberto Folgiero
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16:16 30.03.2025
saudi arabia invests in maritime sector to enhance global trade logistics
United States Dollar
Fincantieri S.p.A.
SAU
Omar Hariri
Poul Hestbaek
Pierroberto Folgiero
Show more
21:31 29.03.2025
saudi arabia invests in maritime sector to enhance global trade logistics
United States Dollar
Fincantieri S.p.A.
SAU
Omar Hariri
Pierroberto Folgiero
Poul Hestbaek
Show more
21:31 29.03.2025
Italy and UAE finalize 40 billion dollar investment deal across key sectors
Euro
United States Dollar
Fincantieri S.p.A.
ARE
ITA
Mohammed bin Zayed Al Nahyan
Giorgia Meloni
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01:00 27.02.2025
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