The United Arab Emirates (UAE) continues to be a global force in business and trade in the Middle East, dominating logistics and supply chain and the air freight sectors, the backbone of the oil-rich desert region’s economy.
With e-Commerce rapidly expanding in the region, analysts forecast the value of logistics here to reach $200 billion by 2020 with the UAE taking the lion share in the market.
Equally important is the UAE’s air cargo industry which the International Air Transport Association (IATA) forecasts to haul nearly 5 million tons of freight in 2018, bigger than Germany, Hong Kong, Korea, Japan, UK, Chinese Taipei and even India. The UAE’s Dubai is hosting for the first time in the Middle East and North Africa World Trade Expo 2020 which is seen to attract more than 20 million tourists.
IATA said the fastest growing international routes will be between the Middle East and Asia at 6.2 percent per year facilitating growth at 4.7 percent CAGR. Air cargo is and will remain a vital component of the global economic system.
Strategically located at the crossroads of international trade and commerce between the East and the West, the UAE is regarded as the gateway to the world’s fastest growing markets in Africa, the Indian Subcontinent, Europe and the Middle East.
The UAE government heavily invested on infrastructure and technology to facilitate seamless transportation of goods within and outside of its borders via air, land or sea and is now reaping good results for its long-term investments.
Home to the International Humanitarian City, the world’s largest humanitarian aid logistics hub hosting nine United Nations agencies and over 40 NGOs, the UAE’s Dubai is a vital link in facilitating first responses at a global scale to conflict zones and disaster areas in all corners of the world.
The The Middle East Air Cargo & Logistics 2019, an upcoming event in Dubai, is an important event to attend to learn, get connected and seize opportunities in the region’s burgeoning business landscape.
This conference offers you the opportunity to meet and talk with experts; sharpen your industry knowledge and skills; network with like-minded people; learn from specialists’ new trends, tips and tactics.