Saudia Cargo heading for record figures

Saudia Cargo is heading for a record year with double digit growth this year.
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The privatised freight carrier which was spun off from Saudia airline as part of the government policy  carried 471,000t of cargo for the January-November period, marking a 19% year-on-year increase in tonnage.

Chief executive Fahad Hammad said the growth has in large part been fuelled by exports from Europe, east Africa and the United Arab Emirates.
"In addition to achieving all-time highs in both October and November, 2012 will be an overall record year for Saudia Cargo with a total growth in revenue of 20%," added Hammad.