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Dammam – AJEX Logistics Services, the leading Middle East specialist in express distribution and shipping solutions, has signed a new partnership agreement with Dammam Airports Company to provide logistics services from King Fahd International Airport, located in Saudi Arabia’s Eastern Province. Dammam Airports Company CEO – Eng. Mohammed bin Ali Al-Hassany and AJEX CEO – Mohammed Al-Bayati signed the agreement at the Dammam Airports Company headquarters.
The new partnership agreement supports both companies’ strategic objectives for the year ahead. In 2023, AJEX has plans for significant expansion across the Middle East, with new services, operations and facilities set to be launched across the region, while Dammam Airports Company is working on expanding the logistical capacity of its facilities as King Fahd International Airport grows in regional importance.
Speaking on the new partnership, the CEO of Dammam Airports Company, Eng. Muhammad bin Ali Al-Hasany said, “At Dammam Airports Company, we are keen to raise the capacity of our express cargo facilities at King Fahd International Airport. This new partnership with AJEX Logistics Services supports our strategic objectives, which are aligned with the Kingdom’s Vision 2030 strategy for transportation and logistics services.”
“Located just a few hours by road from Kuwait, Bahrain and Qatar, Dammam, with its strategic location, is an important logistics centre to the GCC region that will enable us at AJEX to enhance our capacity and service times for our customers. Moreover, thanks to our new operations at King Fahd International Airport, we are vitally supporting the Vision 2030 objective to transform the Kingdom of Saudi Arabia into the preferred logistics hub in the region and a leading logistics hub globally,” added Mohammed Al-Bayati, CEO of AJEX.
Dammam and the wider Eastern Province serve as Saudi Arabia’s main oil-producing hub and are home to many large industrial companies in sectors including petrochemicals, chemicals, steel, cement, aluminium, plastics, and service-providing companies. Located just 20 kilometres from Dammam, King Fahd International Airport seeks to become a regional logistics hub, with plans underway to expand its facilities to process 3.5 million tons of cargo by 2050.
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About AJEX
Founded in 2021, AJEX Logistics Services is the Kingdom of Saudi Arabia’s logistics & transportation expert. Specialized in Middle East e-commerce distribution and industrial solutions, AJEX is established in the UAE, Bahrain, Saudi Arabia and China. With a network of more than 40 active logistics facilities, AJEX offers a full suite of customer-centric solutions from express distribution, e-commerce solutions, road, ocean, airfreight, warehousing, cold chain and healthcare solutions. AJEX is a joint venture between Ajlan & Bros Holding, a leading investment company and conglomerate in the Middle East region, and SF Express, a leader in China Transportation and Logistics.
About DACO
In line with the goals of Saudi Vision 2030 and the National Transformation Program, King Fahd International Airport in Dammam was corporatized in July 2017 and transformed into the Dammam Airports Company (DACO).
The inauguration of DACO is part of the prospective vision towards the development of the national airports industry, starting with King Fahd International Airport. DACO also aspires to extend its services to other local and international airports in the future. It seeks to develop the infrastructure, and operate, upgrade, and maintain airfield facilities. DACO also plans to control commercial and investment relations, operate air freights, and raise the operational capacity and efficiency of airports. This is set to enable airports to keep pace with the global air industry, provide a world-class travel experience for passengers, and allow for investment in the next generations of young Saudis.