Aramco and DHL Supply Chain announced a new end-to-end Procurement and Logistics Hub joint venture. The joint venture would initially focus on Saudi Arabia, with aspirations to expand across the MENA region. Expected to begin operations in 2025, the joint venture (JV) aims to focus on the Saudi market, with plans to expand across the Middle East and North Africa (MENA) region.
It also aims to provide top-notch integrated procurement and logistics services to enhance supply chain efficiency as well as sustainability in the region, the company stated in a press release. The first of its kind procurement and logistics hub, it will provide reliable and sturdy end-to-end services to customers within the industrial, energy, chemical, and petrochemical sectors.