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FedEx Express, SEDA sign agreement to increase exports



FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, signed a collaboration agreement with Saudi Export Development Authority (SEDA), represented by the “Made in Saudi” program, to enhance exports and make national products the preferred choice for consumers locally, regionally, and globally. The program is one of the National Industrial Development and Logistics programs, led by SEDA. Eng. Abdulrahman Althukair, CEO, SEDA said the authority is keen, through the “Made in Saudi” program, to enhance effective strategic partnerships with the public and private sectors. The program’s objective is to support the SEDA’s goals to improve the efficiency of exports, help exporters expand and reach new global markets. “FedEx is committed to helping KSA transform its economy through its Vision 2030. Our collaboration with Made in Saudi will provide the kingdom’s national goods and services access to efficient logistics solutions and an enhanced service experience,” said Taarek Hinedi, VP, FedEx Express Middle East Africa operations.

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