Market Prospects

The land transportation and logistics industry is a fast growing component of the vibrant Saudi economy. Saudi Arabia relies almost entirely on land transportation for the distribution of all goods and commodities that are produced locally or imported. It has no inland waterways and the current railway network covers only a small part of the country.

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Year - 2012

Saudi transport & investment co. mubarrad on the outcome of the Board meeting held on Wednesday evening on 07/11/2012, where the following was adopted:-

  1. Agree to accept the resignation of Managing Director / Chief Executive Mr. Bader Khalid Al-shahili, as CEO of the company effective as of 31/12/2012, given its particular circumstances.
  2. Accredit the continued practice of Managing Director Mr. Bader Khalid Al-shahili, its functions & responsibilities & financial & administrative powers until the end of the current session of the Governing Council.
  3. For price President and Board members Managing Director Professor efforts: Bader Khalid Al-shahili, made during his tenure & responsibilities as CEO of the company.
  4. Agree to accept the recommendation of the nomination & remuneration committee appointed Mr. Nader Rashid AL-Nasser, General Manager of the new company.
  5. Accredit the functions & responsibilities of the new Director General, Mr. Nader Rashid AL-Nasser, effective from 17/11/2012

 

Further to the announcement published on the Tadawul website on 14/05/2011 containing the decision of the Board of Directors to approve the purchase of 50 trucks of the type MAN model (TGS) 210, 440 BLS (4 * 2) Model 2011, with a total value of (SR 5,337,500 million), and further to the announcement published on the Tadwul website on 01/11/2011 containing the receipt of the Saudi Transport & Investment Company Mubarrad the number of 23 trucks of the type MAN Model 2011, from the supplier on 01/11/2012, which showed the impact of its operation during the fourth quarter of 2011.

Saudi Transport and Investment Co. Mubarrad announces the receipt of 27 new trucks of type MAN Model 2011, which will show the impact of operation in the second quarter of 2012, and this number completes the total decided by the board, thus the total number of trucks received from the supplier is 50 trucks.

Further to the announcement published on the Tadawul website on 14/05/2011 containing the decision of the Board of Directors to approve the purchase of 50 trucks of the type MAN model (TGS) 210, 440 BLS (4 * 2) Model 2011, with a total value of (SR 5,337,500 million), and further to the announcement published on the Tadwul website on 01/11/2011 containing the receipt of the Saudi Transport & Investment Company Mubarrad the number of 23 trucks of the type MAN Model 2011, from the supplier on 01/11/2012, which showed the impact of its operation during the fourth quarter of 2011.

Saudi Transport and Investment Co. Mubarrad announces the receipt of 27 new trucks of type MAN Model 2011, which will show the impact of operation in the second quarter of 2012, and this number completes the total decided by the board, thus the total number of trucks received from the supplier is 50 trucks.

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The MUBARRAD Network

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Awards / Recognitions

 MUBARRAD has received many awards and recognitions for its services to the private and government sectors, including

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