Business

Bahri, a global leader in logistics and transportation, today authorized a contract with Saudi Rail Company (SAR), for the stipulation of transportation and shipping services from around the world along with customizeds clearance support via Bahri Logistics, among the six business units of Bahri.

The arrangement was signed by Mr. Khalid Abdulrahman Abanami, CFO and Designate EVP-- Common Solutions, SAR, and Mr. Ahmed Mohammed Al-Ghaith, President of Bahri Logistics, in the visibility of Mr. Wael Al-Sarhan, Vice President-- Advertising and marketing and Communications, Bahri, Mr. Abdulrahman Alghamdi, Director of Procurement and Agreements, SAR, and a number of senior executives standing for both the entities.

As part of the arrangement, Bahri Logistics will give SAR with transportation and delivering services for all kinds of cargo and an electronic system to track all shipments from the country of origin to the final location in storehouses or worksites of the company, make required arrangements with the worried export/import port through Bahri's substantial network of offices and agents, and offer working as a consultant solutions in accordance with industry standards and international finest practices in the field of maritime transportation.

Mr. Ahmed Mohammed Al-Ghaith, President of Bahri Logistics, said: "We delight in to indication this agreement with SAR, one of the leading national companies devoted to constantly boosting its services. The contract additionally falls in line with Saudi Arabia's 2030 Vision, as Bahri is constantly functioning to strengthen and expand its services to more strengthen the transportation market in the Kingdom and play an essential role in the Kingdom's financial diversity efforts. We are confident this deal will positively contribute to the Kingdom's financial growth."

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