Saudia Cargo and Cainiao Network will work together to support e-commerce operations between China and Europe, with Riyadh as the main transit point. The two companies signed a cargo agreement that would facilitate five weekly flights from Hong Kong to Liege in Belgium, with Riyadh as the main transit point. Cainiao Network, the logistic arm of Alibaba Group, is one of the leading IT and logistics operators, “We are excited for this strategic agreement which will enhance logistic services between the two continents through the famous Alibaba’s e-commerce platform and its high traffic of online shoppers," said Omar Hariri, Saudia Cargo CEO. "This agreement is part of our framework to transform the Kingdom into an open gate for world trade and a bridge connecting East and West by leveraging its strategic location in the center of the world." Cainiao's footprint is spread across more than 200 countries around the world. “We are happy to launch of collaboration with Saudia Cargo," said said William Xiong, Cainiao’s Chief Strategist and General Manager of Export Logistics. "Our sellers and customers from China, Saudi Arabia and Europe will benefit from the new flights that will decrease delivery time for their parcels. Expanding our logistics network into new regions will also help us in building efficient global exports network." Since the beginning of the pandemic, Saudia Cargo has increased cargo flights to many destinations in Middle East, Africa, Europe, Asia and the U.S. The company has a fleet comprising seven freighter aircraft, including four Boeing 777 and three Boeing 747-400F.
A renaming ceremony was held at Fincantieri’s Muggiano shipyard on Wednesday (Jan. 29) for two Multipurpose Combat Ships / Pattugliatore…
Switzerland-based JEKTA, the manufacturer of the zero-emissions PHA-ZE 100 amphibious aircraft, has formed two new strategic partnerships to enhance its…
The Hungarian Ministry of Defence and EDGE, a prominent advanced technology and defence group, have signed a letter of intent…
Boom Supersonic has announced the successful first supersonic flight of the company's XB-1 demonstrator aircraft at Mojave Air & Space…
BlackSky Technology Inc. has signed a seven-year contract worth over $100 million with a long-term strategic partner in the international…
Malaysia will equip one of its Lekiu-class frigates with the Naval Strike Missile (NSM), an anti-ship surface-to-surface missile developed by…
The U.S. Army has awarded L3Harris Technologies full-rate Manpack and Leader radio production orders under the Handheld, Manpack & Small…
L3Harris recently attached an advanced multirole electronic warfare (EW) capability to a T7 robot and demonstrating it at Vanguard 2024,…
Airbus Helicopters secured 455 gross orders (450 net) in 2024, demonstrating robust market growth with notable demand for its light,…
Piaggio Aerospace, encompassing Piaggio Aero Industries and Piaggio Aviation, has signed a preliminary contract to transfer its business complexes to…
Calian Group Ltd. has announced the appointment of Major-General (Ret.) Roch Pelletier to the newly established position of Regional Vice…
Airnguru, a provider of airline fare management and pricing optimisation solutions, has announced significant financial progress and growth milestones. The…
AMMROC, a UAE-based provider of military maintenance, repair, and overhaul (MRO) services, has signed a Memorandum of Understanding (MoU) with…
The Israel Ministry of Defense (IMOD has signed a contract worth about $80 million with Elbit Systems for the development…
As part of the Italy-Saudi Arabia institutional round table, ELT Group has signed Memoranda of Understanding (MoU) with SAMI Advanced…
Leonardo, Saudi Arabia's Ministry of Investment (MISA), and General Authority for Military Industries (GAMI) have signed a Memorandum of Understanding…
Airbus delivered 766 commercial aircraft to 86 customers around the world in 2024. The commercial aircraft business registered 878 gross…
The Royal Malaysian Air Force (RMAF) has concluded the Service Life Extension Programme (SLEP) for its fleet of Sukhoi Su-30MKM…
Kongsberg Maritime has secured a contract to deliver propulsion and manoeuvring systems for two new KCR-70 Fast Attack Craft (FAC)…
Representatives from KNDS Deutschland, KNDS France, Rheinmetall Landsysteme, and Thales gathered in Paris to formalise the creation of the "MGCS…
ST Engineering's Commercial Aerospace business has signed a five-year CFM LEAP engine maintenance, repair and overhaul (MRO) contract with new…
Embraer is working with Florida Power & Light Company (FPL) to expand the use of renewable energy at its U.S.…
The use of the combat-proven Rafael Spyder air defence system in the ongoing war in Israel has created interest in…
The delivery of Elbit Systems PULS artillery systems and the company's Hermes -900 UAV to Serbia is expected to begin…
Indonesian private defence firm PT Sentra Surya Ekajaya (PT SSE) has introduced a new version of its P2 Tiger 4×4…
Schiebel has been awarded a new multi-year contract by the European Maritime Safety Agency (EMSA) to provide services using the…
BlackSky Technology Inc. has shipped its first Gen-3 satellite to launch provider Rocket Lab. The satellite is scheduled to be…
SITA and Cathay Pacific have entered a new agreement aimed at significantly boosting network bandwidth at Cathay Pacific’s airports. The…
Lockheed Martin has been awarded a $270 million contract by the U.S. Air Force to integrate next-generation infrared defensive sensors…
Malaysia Airlines, in collaboration with Mercedes-Benz Malaysia (MBM), has launched a Private Terminal Transfer Service aimed at providing seamless and…
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