Top forwarders all set for cash flow boost as earnings sag
When being flush is bad
Saudi Arabia has captured headlines with its multi-billion-dollar patronage of football, golf and boxing – which critics dismiss as sports-washing, designed to deflect attention from the country’s appalling record on human rights.
But what has often been overlooked is that the desert kingdom is also pumping an estimated $133bn into logistics infrastructure and freight handling capacity as it seeks to diversify its economy and increase non-oil GDP.
It’s aim is to become not only a regional, but a global logistics powerhouse, Dubai ...
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