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FinancialNews


  • 05-02-17

    Saudi, UAE main attractive markets for logistics investments

    (MENAFN) The MENA region is fast emerging as the hub of logistics industry, with the global logistics market increasing rapidly and is projected to produce USD15.5tr in profits by 2024.

    Furthermore, Saudi Arabia and the UAE are the most attractive targets for logistics investments and easiest markets to work in.

    Additionally, the region exports hydrocarbons and hydrocarbon-related products are in great demand and meet a huge part of its food need amid imports.

    Meanwhile, the region has 134 seaports handling a total of 48.3mn 20-foot equivalent container units (TEU) of container traffic.

    MENAFN0502201700450000ID1095236878

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