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Saudi Ports Authority introduces fee exemption: What it means for trade - Gulf Business

SPA · Mar 30

The Saudi Ports Authority (Mawani) has announced new fee exemptions for shipping lines and agents operating across Saudi ports. These measures are designed to reduce operational costs, enhance the competitiveness of Saudi ports, and stimulate growth in the Kingdom's maritime trade and logistics sector. The exemptions cover various services, aiming to attract more international shipping lines and cargo volumes to Saudi Arabia. Why it matters: This initiative supports Saudi Arabia's broader economic diversification goals under Vision 2030 by strengthening its position as a global logistics hub, aiming to attract more international shipping lines and cargo.

KAUST and FEI establish center of excellence

KAUST · Jun 29

KAUST and FEI (likely referring to FEI Company, now part of Thermo Fisher Scientific) have established a new Center of Excellence. The center will be located at the KAUST Research & Technology Park on the KAUST campus. Why it matters: This partnership enhances KAUST's research capabilities and fosters innovation in science and technology within Saudi Arabia.

Thuwal students experience science at KAUST

KAUST · Feb 21

KAUST hosted 19 female students and teachers from Thuwal intermediate school. This was part of its Young Learners Development Program (YLDP), administered by the Social Responsibility department. The visit was organized by the KAUST Water Desalination and Reuse Center (WDRC). Why it matters: Such programs encourage local youth to pursue STEM fields and build stronger ties between KAUST and the surrounding community.