FedEx Express names SAB as its service provider in Saudi Arabia
FedEx Express, a subsidiary of FedEx, has appointed SAB Express (SAB) as the provider for its international services in Saudi Arabia.
“SAB has been a long-term service provider to TNT business in Saudi Arabia, and following TNT’s acquisition by FedEx, SAB Express became the licensee of FedEx Express in this dynamic market,” Sheikh Salah Al Bluewi, Chairman and CEO of SAB Express, said.
“Together, we will ensure that we continue to support the growth of the GCC’s largest logistics market with a connected road network, world-class shipping solutions, access and enhanced connectivity,” Jack Muhs, regional president of FedEx Express Middle East, Indian Subcontinent and Africa, said.
FedEx Express operates its Middle East road network, connecting Saudi Arabia directly to the UAE, Bahrain, Kuwait, Oman and Jordan. According to the Global Insight Report, in 2018, these six countries accounted for $1.5 trillion in gross domestic product (GDP).