Dubai plans to double the direct contribution of the land transport and logistics sector to the emirate’s economy to AED16.8bn
Dubai logistics sector
Latest in Dubai logistics sector
acquisitions
“Uncertain macro environment” contributes to softened volume growth for DP World in Q1 2022
DP World’s gross container volumes increased by 1.7 percent year-on-year on a reported basis and up 1.9 percent on a like-for-like basis
cargo operations
DP World revenues grow to $10.77 billion in FY 2021 supported by acquisitions and new concessions
The firm shared that its operational performance remains strong despite disruptions. Terminals have remained open to service cargo owners despite challenges faced due to the pandemic
Dubai Aviation City Corporation
Logistics giant FedEx inks deal to build new regional hub in Dubai
New regional hub will serve the Middle East, Indian Subcontinent and Africa region, says senior executive
apps
Top backer of Dubai app Fetchr warns start-up faces liquidation
Courier app Fetchr was valued at almost $300m in a 2017 fundraising round
Aramex
Covid costs weigh on Q1 profits of Dubai logistics major Aramex
Aramex also announces appointment of new CEO following the resignation of Bashar Obeid
delivery services
Dubai Taxi Corp set to expand into logistics after Zemaas deal
Taxi unit of RTA says it aims to ‘revolutionise the logistics delivery services in Dubai’
Aramex
Dubai’s Aramex agrees to sell subsidiary to boost balance sheet
Logistics major says it will sell InfoFort as it focuses its operations on the core logistics solutions services
Dubai Aviation City Corporation
Dubai South freezone emerges from 2020 with hundreds of new clients
The freezone says its business park succeeded in attracting 650 new companies as well as leasing of 945,488 square feet of space last year despite the impact of coronavirus on industry
Dubai Airports
Dubai, Hyderabad launch first Covid vaccine distribution corridor
The HYD-DXB vaccine corridor will provide capacity to seamlessly handle up to 300 tonnes of vaccines per day
DP World
Video: Eye on Dubai’s logistics ecosystem
Dubai’s transportation and logistics industry has transformed in large part due to low operational costs and favourable government policies, attracting investors globally.