Deal aims to develop a strategic partnership
Bahri Logistics, a business unit of Bahri, the national shipping company of Saudi Arabia and a global leader in shipping and logistics, has recently signed a Memorandum of Understanding (MoU) with GDC Middle East, a Saudi Public Investment Fund (PIF) company specializing in aerospace engineering, system solutions, and operation and support.
Eng. Soror Basalom, President, Bahri Integrated Logistics, and Eng. Muneer Bakhsh, CEO, GDC Middle East, signed the MoU on the sidelines of the recently concluded World Defense Show 2024 held in the Kingdom’s capital Riyadh.
Framework
The MoU aims to establish a mutually beneficial strategic partnership between the entities and establish a framework for collaboration in the field of freight forwarding services by leveraging the two companies’ expertise, capabilities, and resources.
“We look forward to leveraging the expertise of GDC Middle East to offer efficient logistics solutions to our esteemed clients worldwide,” commented Eng. Basalom.
“This MoU falls in line with our commitment to contribute to achieving the objectives of Saudi Vision 2030. We are confident that this collaboration will pave the way for a successful strategic partnership with Bahri Logistics that will serve the visions of both companies,” remarked Engr. Bakhsh.
