FedEx expands its business in Riyadh, increasing its bet on Saudi Arabia's "logistics ambitions."
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FedEx has established a new regional hub in Riyadh and obtained a foreign airline operating license from the Saudi government, indicating its confidence in the Saudi logistics market. The company plans to initiate 24 cargo flights per month from King Khalid International Airport in Riyadh, aiming to transform Saudi Arabia into a logistics center connecting Europe, Asia, and America. In addition, FedEx also plans to expand its operations beyond major cities in Saudi Arabia to meet the growing demand
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