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Home Non Banking Mergers & Acquisitions

AJEX, Riyadh: A China-Saudi joint venture to boost bilateral trade between the 2 nations

AJEX will deliver logistics services in Saudi Arabia and the greater Middle Eastern region via air, land, and sea

Sakshi K S by Sakshi K S
February 22, 2022
in Mergers & Acquisitions, Logistics, Retail, The Global Economics, Top Stories, Transportation
Reading Time: 3 mins read
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AJEX, Riyadh: A China-Saudi joint venture to boost bilateral trade between the 2 nations

AJEX, Riyadh: A China-Saudi joint venture to boost bilateral trade between the 2 nations

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AJEX, a logistics joint venture between Chinese logistics firm SF International and Saudi Arabian conglomerate Ajlan & Bros Holding Group Abilitii (ABHGA), has already commenced operations in the Saudi capital city of Riyadh.

SF International is a fervent provider of convenient and dependable cross-border logistics and supply chain solutions to international manufacturers, trade enterprises, consumers, and eCommerce merchants in the global logistics service field. Specifically for the Chinese market, SF International is assisting Chinese business enterprises to expand throughout the globe and providing quality products from international regions to Chinese clientele.

Ajlan & Bros Holding Group Abilitii is one of the colossal private-sector conglomerates in the Arab sphere, commissioning more than 10,000 people in over 15 nations and throughout 70 firms. Ajlan & Bros Holding Group Abilitii is one of the most prominent Saudi private-sector multinationals operating in China, encompassing fiscal services, consumer-centric production, education, mining, healthcare, tourism, and logistics.

Ajlan & Bros Holding Group Abilitii unveiled news of the collaborative venture, dubbed AJEX, in a newsletter on Tuesday but did not reveal more details, such as the investment’s price tag or the stake possessed by every partner.

AJEX will deliver logistics services in Saudi Arabia and the greater Middle Eastern region via air, land, and sea. Based out of Riyadh, the firm also brainstorms to extend further into the international market.

The collaborative joint venture focuses on augmenting bilateral trade and business relationships between the two countries – China and Saudi Arabia. AJEX will also fetch Chinese eCommerce into the Saudi Arabian market, permitting consumers and business enterprises in the Arab sphere to purchase Chinese goods online.

About AJEX

AJEX implements state-of-the-art technological developments to the express logistics industry via strategic collaboration with SF Express, Chinese logistic pioneers. As a result, AJEX has a favourable impact on business enterprises in the Kingdom of Saudi Arabia and all of MENA and facilitates the induction of several job prospects for the regional talent.

Following are some of AJEX’s specialisations –

  1. International Express Shipping
  2. Domestic Express Shipping
  3. 3PL & 4PL Logistics
  4. Freight Forwarding
  5. Supply Chain Management
  6. Last-Mile Delivery
  7. Warehousing and Distribution

About SF International

SF International offers an array of services with various types and transit times, including Economy Express, E-Parcel, Standard Express, Heavy Freight, Bonded Warehousing, SFBUY, and Overseas Fulfilment / Warehouse. Additionally, the firm’s integrated import and export solutions encompass market accessibility, customs clearance, transportation, and distribution to adhere to different consumer expectations.

The firm’s express service networks refuge South Korea, Malaysia, Japan, Singapore, Thailand, Mongolia, Indonesia, Vietnam, India, Cambodia, Brunei, the United Arab Emirates, Myanmar, Pakistan, Philippines, Sri Lanka, Bangladesh, the United States, Brazil, Australia, Canada, Mexico, New Zealand, Russia, and twenty-eight European Union nations.

About Ajlan & Bros Holding Group Abilitii

Conceived initially as a textile business enterprise in 1979, Ajlan & Bros Holding Group Abilitii specialises in the production and marketing of conventional men’s clothing (like shemagh and ghutra) in the MENA territory.

The legacy of Ajlan & Bros Holding Group Abilitii is cemented within retail stores. Still, it will soon extend to manufacturing as it has unveiled brands of style and exceptionalism to adhere to the needs and requirements of its consumers. The firm successfully set up several factories in the Chinese geography that have accomplished spellbound results in fabricating high-quality products. Some of the firm’s notable brands include – Drosh and Shemagh Projiah Shalash.

With a goal and commitment towards Saudization, its individuals fabricate a cooperative environment that exemplifies its core values. In addition, the firm strives to entice, augment, and retain talent cesspools to allow its people to realise their unlimited potential.

Via: Short URL
Tags: AJEXAjlan & Bros Holding Group AbilitiiChina-Saudi bilateral tradelogisticsMENASF International
Sakshi K S

Sakshi K S

Sakshi is a professional content writer engaging readers with gripping business news stories.

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