Genie Business and Kangaroo Cabs have introduced Sri Lanka’s first tap-to-pay taxi-hailing service, enabling passengers to make seamless payments using their Visa or Mastercard on the driver’s NFC-enabled phone. This partnership improves payment convenience, transaction security, and operational efficiency for both drivers and passengers.
Oman’s transport and logistics sector is projected to contribute RO14bn to the economy by 2040, becoming the second-largest economic contributor after hydrocarbons. With a focus on infrastructure, sustainability, and digital transformation, the sector will create up to 300,000 jobs and unlock investment opportunities, supporting Oman’s Vision 2040 goals.
Türksat and ULAK Haberleşme have signed an agreement to deploy a 5G-supported smart transportation infrastructure in Istanbul. The project will cover a 40-kilometer corridor, enhancing vehicle and transportation communication with Vehicle-to-Vehicle, Vehicle-to-Infrastructure, and Vehicle-to-Network connectivity, advancing Türkiye’s digital transformation and leadership in smart transportation.
DHL Express has opened a new facility at Muscat International Airport, Oman, investing over US$30.81 million. The state-of-the-art hub features advanced logistics technology, including X-ray screening, smart conveyor systems, and solar panels. This expansion strengthens DHL’s presence in Oman while focusing on environmental sustainability and operational efficiency.
Škoda Auto has officially launched in Oman, marking a key step in its Middle Eastern expansion. In partnership with Premium Motors, Škoda introduces a full range of European-built vehicles, including sedans and SUVs. A cutting-edge digital showroom has opened in Muscat, with plans for further regional growth.
Parcel, a Hope Ventures portfolio company, has expanded its operations into Saudi Arabia after revolutionizing delivery services for 3,000 businesses in Bahrain. Through its tech-driven platform, it offers a cost-effective alternative to fleet management, empowering businesses to streamline operations and improve customer satisfaction.
WeeWee Delivery, an Algerian startup launched in 2022, is reshaping the logistics sector by offering a more flexible, efficient delivery solution. Through its mobile app and features like “WePeaks,” the platform connects e-commerce businesses with freelance couriers, providing cost-effective alternatives to traditional delivery methods and expanding nationwide.
Zain has partnered with Raha’s subsidiary, Smooth Logistics, to optimize its logistics operations in Kuwait using AI-powered robotics and automation. This collaboration will introduce a one-hour delivery service and enhance the online shopping experience. The advanced logistics facility will also support Zain’s sustainability goals with eco-friendly solutions.
Parcel, a Hope Ventures portfolio company, has expanded into Riyadh, Saudi Arabia, after successfully completing over 1.5 million deliveries in Bahrain. The platform offers businesses a cost-effective, tech-driven alternative to managing delivery fleets, connecting them with a network of on-demand drivers. The expansion marks a key milestone in regional growth.
APM Terminals has signed a Letter of Intent with Bahrain’s Ministry of Transportation to boost Khalifa Bin Salman Port’s capacity by 2030, enhance trade with Saudi Arabia, and contribute to Bahrain’s Economic Vision 2030. The agreement also includes creating new growth sectors and leveraging strategic regional positioning for economic development.
