Dubai’s logistics industry: A beacon of resilience and innovation

Dubai’s logistics industry: A beacon of resilience and innovation

Defying the odds, the emirate has cemented its position as a leading global centre for trade and commerce

Jafza has played a pivotal role in propelling total Dubai trade — imports, exports and re-exports — to nearly $345 billion. — KT file

By Abdulla Bin Damithan Published: Tue 6 Jun 2023, 3:01 PM Last updated: Tue 6 Jun 2023, 3:25 PM

In a world rife with economic uncertainties, Dubai has emerged as a shining star in the realm of logistics. The emirate has shown remarkable resilience and growth, defying the odds and cementing its position as a leading global centre for trade and commerce.

Recent accolades, including the UAE’s recognition as one of the top 12 countries in the World Bank’s Logistics Performance Index and its ranking as the leading emerging market in the Middle East and Africa according to Kearney’s 2023 Foreign Direct Investment Confidence Index, serve as testaments to Dubai’s ascendancy in the supply chain industry.

Bolstering this success story, according to World Trade Organisation, Dubai’s trade in good passed $1 trillion in 2022, propelled by increased exports and imports due to surging crude oil prices. This has laid firm foundations for sustained economic prosperity in the years to come as the government