ASMO, a joint venture between Aramco and DHL, has broken ground on a massive 1.4 million square metre logistics hub at King Salman Energy Park. Developed in partnership with Arcapita, the facility aims to strengthen Saudi Arabia’s industrial supply chain. The site will feature smart technology and sustainable design, supporting the Kingdom's goal of becoming a premier regional trade gateway by 2030.
Aldar has acquired a major industrial and logistics portfolio in Abu Dhabi for AED 650 million from AD Ports Group. The deal involves 163,000 square metres of warehouse space within the KEZAD Al Ma’mourah cluster. This move brings Aldar’s total logistics portfolio to over 700,000 square metres as the company continues to capitalise on the high demand for trade and manufacturing hubs in the UAE.
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