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MENA Startups
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LogiPoint

logistics
N/A
jeddah, saudi-arabia

About

Logistics developer and manager with experience in large-scale logistics infrastructure across Saudi Arabia; named Asset and Development Manager for the South Jeddah project.

Founders

FS

Farooq Shaikh

CEO

Recent News

Al Rajhi Capital and LogiPoint Sign MoU for $1.3B South Jeddah Logistics and Industrial Park
logistics
about 2 hours ago

Al Rajhi Capital and LogiPoint Sign MoU for $1.3B South Jeddah Logistics and Industrial Park

Al Rajhi Capital and LogiPoint signed an MoU to create an investment vehicle to develop the South Jeddah Logistics and Industrial Park, a SAR5 billion (~$1.3B) mixed-use logistics hub spanning 1.9 million sqm with ~1.5 million sqm leasable area. Al Rajhi Capital will act as Fund Manager and LogiPoint as Asset and Development Manager, with phased delivery starting after final contracts expected by end-2026.

Company Info

Total Funding

$1.3 billion

Stage

N/A

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