Riyadh: Minister of Transport and Logistic Services Saleh Al-Jasser has witnessed the signing of an agreement for DHL eCommerce's acquisition of a stake in AJEX Logistics Services. DHL eCommerce, a subsidiary of DHL, specializes in e-commerce logistics solutions.
According to Saudi Press Agency, this move underscores the appeal of the Saudi market and its potential to attract global investments in the logistics sector while continually supporting the growth of e-commerce in the Kingdom. This partnership comes amid the rapid growth of the e-commerce sector in Saudi Arabia, which has become a key driver of the digital economy. This growth is fueled by digital transformation and an increasing reliance on smart solutions for shipping and delivery operations.
The logistics sector plays a crucial role in supporting this growth by providing advanced services that meet the demands of e-commerce, thereby accelerating supply and delivery processes. This enhancement significantly improves customer experiences and supports the sustainability of the sector. Furthermore, the National Transport and Logistics Strategy has made Saudi Arabia an attractive environment for global investments by developing infrastructure, improving regulations, and adopting the latest technologies. The Saudi market has attracted major global companies like DHL, which views the Kingdom as a strategic platform for expanding its regional operations.