The most extraordinary part of this project is the King Abdullah Port. Opened in 2019, the port is designed to handle a massive capacity of 25 million TEUs (twenty-foot equivalent units ...

A significant increase in the number of exported containers from Saudi Arabia helped drive a spike in volumes for ports across the country, according to the Saudi Ports Authority (Mawani). Exported ...

The company is 25% owned by Saudi’s Public Investment Fund. It owns 50% of PDC, the company that develops and owns King Abdullah Port Co. The company reported total assets of $4.3 billion in June 2021 ...

Macron, Sisi and Jordan’s King Abdullah II will hold a summit as Israel renews its offensive against Hamas in Gaza.