--- title: "FedEx expands its business in Riyadh, increasing its bet on Saudi Arabia's \"logistics ambitions.\"" description: "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 plan" type: "news" locale: "en" url: "https://longbridge.com/en/news/255731804.md" published_at: "2025-09-03T07:31:04.000Z" --- # FedEx expands its business in Riyadh, increasing its bet on Saudi Arabia's "logistics ambitions." > 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 According to Zhitong Finance APP, FedEx (FDX.US) has established a new regional hub in Riyadh and obtained a foreign airline operating license issued by the Saudi government. This move indicates that the company is increasing its bet on Saudi Arabia becoming a logistics powerhouse in the Middle East. FedEx representatives stated at an event in Saudi Arabia this week that the operational plan includes 24 cargo flights per month departing from King Khalid International Airport in Riyadh, which will make the capital a central node connecting Europe, Asia, and America. This initiative marks FedEx's transformation into an independent operator in Saudi Arabia, having previously collaborated with local outlets. The regional president, Kami Viswanathan, declined to disclose financial details before this month's earnings report but stated that due to strong demand, FedEx plans to further expand its business beyond major urban centers in Saudi Arabia. This expansion plan comes as Saudi Arabia attracts multinational companies to challenge the UAE's status as the industrial and logistics hub of the Gulf region. The Saudi government is investing in the development of ports, railways, and highways, aiming to increase the transportation sector's contribution to GDP from 6% in 2021 to 10% by 2030. Viswanathan also discussed the impact of changes in U.S. tariff policies on global shipping. She stated that in light of Washington's decision to eliminate the so-called "minimum exemption" policy, FedEx is working with Middle Eastern exporters to address compliance issues and cost impacts. Viswanathan said, "Goods that previously enjoyed tax exemptions now also need to be taxed. Our responsibility is to ensure that goods continue to flow smoothly despite changes in tariffs." ### Related Stocks - [FDX.US - FedEx](https://longbridge.com/en/quote/FDX.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 阿達尼企業與聯邦快遞將在新孟買機場合作開發一個全自動航空貨運樞紐，計劃長期投資超過 250 億盧比 | 阿達尼企業 - 聯邦快遞將在納維孟拜機場開發全自動化空貨運中心，長期投資超過 250 億印度盧比 | [Link](https://longbridge.com/en/news/276218410.md) | | InPost 同意被聯邦快遞和私募股權主導的財團以 68 億英鎊收購 | InPost 同意被聯邦快遞和私募股權主導的財團以 68 億英鎊收購 - 該集團計劃將其在英國的自取快遞櫃網絡從目前的 14,000 個增加到 30,000 個，超過翻倍 | [Link](https://longbridge.com/en/news/275290252.md) | | 隨着沙特礦業的蓬勃發展，Amak 計劃進行資本補充 | 沙特礦業公司 Almasane Alkobra Mining Company（Amak）計劃通過配股籌集 6.8 億沙特里亞爾（1.81 億美元），以支持其在沙特阿拉伯蓬勃發展的礦業領域中的增長。此次增資旨在加強公司的擴張努力，正如其在最近 | [Link](https://longbridge.com/en/news/276096617.md) | | 阿達尼企業與聯邦快遞將在新孟買機場合作開發一個全自動航空貨運樞紐，計劃長期投資超過 250 億盧比 | Ambuja Cements Ltd：阿達尼企業 - 聯邦快遞將在納維孟買機場開發全自動化空貨中心，長期投資超過 250 億印度盧比 | [Link](https://longbridge.com/en/news/276217828.md) | | 彭博社報道，英國的阿伯丁將反對 92 億美元的 InPost 收購案 | 2 月 16 日（路透社）- 英國資產管理公司阿伯丁（Aberdeen，股票代碼：ABDN.L）決定反對由聯邦快遞（FedEx）牽頭的財團提出的 78 億歐元（92.5 億美元）收購 InPost（股票代碼：INPST.AS）的提議。根據 | [Link](https://longbridge.com/en/news/276062636.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.