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Riyadh Air Makes Multi-Billion Dollar Deal With Boeing

The investment will see the Saudi Arabian airline take delivery of up to 72 aircraft.

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riyadh air makes multi-billion dollar deal with boeing
Boeing

Saudi Arabia’s Riyadh Air, the airline backed by the county’s Public Investment Fund, has ordered up to 72 Boeing 787-9 Dreamliner aircraft in a multi-billion dollar deal.

The order is unprecedented for a new airline and highlights Saudi Arabia’s ambition to become a major aviation hub.

tony douglas ceo of riyadh airlines

The order comprises 39 confirmed aircraft plus another 33 wide-bodied 787-9 Dreamliners. It comes as Saudi Arabia’s national carriers announced their intent to order up to 121 aircraft in total, representing the fifth-largest commercial order by value in Boeing’s history.

The huge Boeing order will help to shuttle a projected 330 million passengers by 2030. His Excellency Yasir Al-Rumayyan, Governor of the PIF and Chairman of Riyadh Air, applauded the move, saying, “This is a momentous day for PIF and Riyadh Air, and highlights our determination to significantly extend Saudi Arabia’s connectivity with the world”.

Also Read: Robots Are Coming To Dubai Airport For Speedier Check-Ins

Riyadh Air is a digital-first airline committed to sustainability, in line with Saudi Arabia’s Vision 2030 toward net zero emissions. The Boeing 787-9 Dreamliner is manufactured to achieve lower CO2 emissions, greater fuel efficiency, and pass stringent noise regulations.

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Initial Trials Of Dubai’s Driverless Evocargo Trucks Completed

Testing was announced on July 17, and the completion is a major milestone towards upgrading the region’s logistics infrastructure.

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initial trials of dubai's driverless evocargo trucks completed
Dubai Media Office

A Dubai-based company has completed the initial trials for the UAE’s first driverless trucks. The groundbreaking achievement by Evocargo, partnering with Dubai South, took place at Dubai South Logistics District, and marked a significant step towards incorporating autonomous technologies into the region’s wider logistics infrastructure.

Announced on Wednesday, July 17th, the trials featured the Evocargo N1 unmanned electric truck navigating a predetermined route within a controlled setting. The test involved interactions with common road obstacles such as cars, trucks, and pedestrians, aiming to evaluate the vehicle’s hardware and software reliability, accident prevention systems, and overall readiness for public road use.

Officials were keen to highlight that this accomplishment aligns with the UAE’s ambitious strategy to position itself as a global leader in innovation and technology adoption. The country aims to have 25% of all transportation in Dubai autonomous by 2030, underscoring its commitment to revolutionizing the logistics sector using advanced technologies.

Mohsen Ahmad, CEO of the Logistics District at Dubai South, emphasized the importance of the collaboration with Evocargo in enhancing the region’s logistics capabilities. He noted that autonomous vehicles are set to increase efficiency, reduce carbon emissions, and establish a sustainable logistics infrastructure that will benefit both Dubai and the wider UAE.

Also Read: Riyadh Developers Reveal New 45,000-Seat Murabba Stadium

Ahmed Al-Ansi, CEO of Evocargo Autonomous Logistic Services, also expressed optimism that the trials will draw new customers and investments across the Gulf Cooperation Council (GCC) countries. The partnership aims to lead in innovative tech solutions, further establishing the UAE as a pioneer in autonomous transportation.

The successful completion of the trials marks a crucial step towards realizing the UAE’s vision for a technologically advanced and sustainable future in which autonomous vehicles are expected to play a pivotal role in global logistics.

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