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Market / Country / City / Industry
The Middle East market is experiencing an ongoing period of prosperity, and demand for everything from industrial materials to consumer goods, from suppliers to end users which means that the logistics and materials handling industries will continue to register strong growth for the foreseeable future in order to complete the supply chain.
United Arab Emirates has an open economy with a high per capita income and a substantial annual trade surplus. The UAE's strong economy, healthy social development and its political stability have continued to support a consistent increase in trade.
Labeled as the most important trading hub in the Middle East, Dubai has transformed itself in recent years into a truly international business center of global significance. Dubai is situated at the tip of the Arabian Gulf and is the gateway to over 2 billion consumers.
Dubai is perfectly positioned in the business world requiring logistics and multi-modal transport solutions for the GCC, Middle East, Africa, Indian Sub-Continent and the CIS states.
Dubai imports more than two thirds of the UAE's requirements; as well as part of the GCC markets' annually. Its logistics industry registers over 20% growth per annum and industry specific free zones such as Dubai Logistics City and Dubai Industrial City assist the steady growth of the overall economy.
Facts & Figures
Dubai boasts a sophisticated and world class transportation infrastructure: Served by over 242 shipping lines and linked via 112 airlines to 165 destinations.
Dubai registered $ 116 billion direct trade in 2007 which is 6 times higher than the 1997 direct trade numbers.
Dubai Ports, the fastest growing operator in the world, witnessed more than 25% average growth in container traffic during the past 4 consecutive years, while the air cargo increased 40% during the same period.
A handling capacity of 55 million TEUs a year is expected by the year 2030 for Dubai Ports Authority.
More than 20% of the world's construction cranes are being used to build more than 100 new mega projects in Dubai.
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