The report was created by collecting data from May to October 2022 across 139 countries
logistics sector
Latest in logistics sector
gcc logistics
Saudi Arabia climbs 17 places in World Bank logistics index
Saudi Arabia’s developing reputation as logistics hub enhanced
Jeddah Islamic Port
Maersk and Mawani to build $350m Middle East’s largest logistics zone at Jeddah Islamic Port
The project is expected to be completed in the first quarter of 2024
DP World
DP World’s growth numbers outperform industry average by 127%
CEO Bin Sulayem remains optimistic about company’s medium-to-long term future despite the headwinds of inflation and currency fluctuation
container terminal
Dubai’s DP World growth way ahead of industry at 3.5 percent in second quarter
Chairman Sultan Ahmed Bin Sulayem maintains a positive outlook for the second half of the year despite uncertain economic conditions
Abu Dhabi
Abu Dhabi Ports buys $140 million majority stake in Egyptian logistics firm in first international acquisition
Egypt is a crucial part of the company’s strategy for international expansion, an official said
DP World
India’s NIIF to acquire $300 million stake in DP World subsidiary
The transaction marks NIIF’s single largest investment, with the partnership expected to eventually amount to $500 million
Abu Dhabi Investment Authority
Abu Dhabi fund, GIP to buy $7.4 billion German railcar lessor VTG
ADIA is one of the world’s biggest sovereign wealth funds, which invests on behalf of the Abu Dhabi government
Digitisation
Four ways GCC nations can pivot from playing catch-up to being titans in the global logistics industry
Countries in the GCC region have fallen behind their global peers because of three major factors: the lack of modern and integrated infrastructure, insufficient service quality, and legacy processes, according to a Strategy& Middle East report
carbon emissions
Sustainability in logistics: Collaboration and accountability are key
Using electric vehicles for last-mile deliveries and installing solar panels to power warehouses and logistics facilities are important first steps in the sustainability journey
Insurance solutions
Saudi Arabia approves new parcel insurance to boost e-commerce sector
Saudi Central Bank says insurance product will be offered in kingdom to cover the risk of transporting parcels in the event of loss or damage
Covid-19 vaccine distribution
Quicker transport saves lives during a pandemic
Logistics costs in the end-to-end vaccine supply chain logistics add up to less than 1 percent of the total vaccination costs, quicker transportation not only saves more lives but also helps in economic recovery – by shortening or doing away with the need for lockdowns
gcc logistics
Kuwait logistics major Agility seeks growth in emerging markets, new tech
CEO says sale of commercial logistics business to DSV Panalpina will give company more flexibility going forward
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.