RIYADH: The Federal Express Corp. announced on Tuesday that it will expand its operations in 海角直播 with direct and other services, highlighting the Kingdom鈥檚 significant trade growth in recent years.
FedEx, the global logistics and transportation company, will also have its first dedicated flight to 海角直播, the establishment of a regional hub at King Salman International Airport, and the extension of its freight-forwarding operations.
Kami Viswanathan, president of FedEx Middle East, Indian subcontinent and Africa, said the company connects 220 countries.
It has a fleet of 700 aircraft and over 200,000 vehicles, which enables them to have an expansive global air and ground network and process 17 million packages a day, she added.
These efforts enhance capacity, create new jobs, and support Vision 2030 objectives for economic diversification and deeper integration into global trade, she said. FedEx is aiming to employ up to 2,000 workers.
鈥淲ith the push and focused efforts towards diversification, with the development of the Kingdom as the distribution hub, and greater integration of the global economy, what we are already starting to see is export growth,鈥 said Viswanathan.
Viswanathan said trade has grown significantly.
She was referring to 海角直播 in Q1 2025 reportedly recording a trade surplus of $16.8 billion (SR63 billion), a 52 percent increase compared to Q4 2024, reflecting strong export performance and rising demand for a well-established logistics infrastructure.
鈥淲e are also seeing progress towards improving the known exports as a percentage of GDP (gross domestic product) from 19 to the targeted 50 percent of GDP by 2030.鈥
The event in Diriyah was attended by General Transport Authority Acting President and Vice Minister Rumaih Al-Rumaih, Minister of Transport and Logistics Services Saleh Al-Jasser, and FedEx President and CEO Raj Subramaniam.
鈥淔edEx鈥檚 strengthened presence reflects the Kingdom鈥檚 growing appeal as a premier destination for logistics and global investment. 海角直播鈥檚 rising influence as a key global logistics hub and a strategic gateway for trade and transport services is clear,鈥 said Al-Jasser
He added: 鈥淭he increasing number of leading global logistics and courier companies establishing direct operations in the Kingdom demonstrates the strength of 海角直播鈥檚 logistics sector and its pro-investment environment, as well as the global confidence in the Kingdom鈥檚 transformation journey.鈥
During a roundtable, Viswanathan told Arab News that FedEx鈥檚 services in 海角直播 align with the country鈥檚 Vision 2030 plan.
The company will focus on strengthening connectivity and reducing transit times by one to two days. The target is to reach Riyadh within 48 hours, from both the US and Europe.
FedEx鈥檚 inaugural nonstop flight connecting Riyadh with the US and Europe reportedly began operations on Sept. 2. The service will soon operate six times a week.