FedEx Invests AED 1.3 Billion in New State-of-the-Art Air and Ground Regional Hub at Dubai World Central Airport in Dubai South

FedEx Invests AED 1.3 Billion in New State-of-the-Art Air and Ground Regional Hub at Dubai World Central Airport in Dubai South

FedEx Express (FedEx), a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, is expanding its footprint in the Middle East with its new Middle East, Indian Subcontinent and Africa (MEISA) state-of-the-art hub at Dubai World Central (DWC) Airport in Dubai South. The facility was officially inaugurated by His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, along with Raj Subramaniam, FedEx Corporation President and CEO, HE Khalifa Al Zafin, Executive Chairman of Dubai Aviation City Corporation and Dubai South, Richard W. Smith, FedEx Express President and CEO, Airline and International, and Kami Viswanathan, FedEx Express MEISA President.
The launch of the hub marks a long-term investment of more than USD 350 million (approximately AED 1.3 billion) into the UAE’s economy through infrastructure and technological advancements in the facility. This investment reaffirms the company’s commitment to the UAE’s economic growth, in line with the ‘National Agenda for Non-oil Export Development’, which aims to increase the nation’s foreign trade.
In his comments, His Highness Sheikh Ahmed bin Saeed Al Maktoum, said: “The inauguration of the FedEx MEISA hub in