Why the MENA Region Could Be The Future of Global Logistics?

Why the MENA Region Could Be The Future of Global Logistics?

The region's potential continues to attract global investors into trade and logistics

The region as a whole continues to move up the Logistics Performance Index with the UAE taking the regional lead and ranks 11th globally, followed by Oman, KSA, Bahrain and Egypt

Trade statistics reveal exports from the Middle East grew by 21% in 2018, totalling USD 1.13 trillion

The size and capacity of deep-sea container ships on the Asia-Middle East route doubled from 9,000 containers in 2010 to 18,000 containers in 2020

Savills, the leading global real estate advisors, hosted its second in-depth Middle East webinar following the recent launch of its global Impacts study in the region. The panel dedicated to 'Transportation and Innovation' brought together regional real estate and logistics experts including Scott Fennelly, Director at Surface Mobility Consultants, Edwin Lammers, Vice President of Commercial at KIZAD and Sulaiman Al Riyami, Vice President Real Estate at Oman Aviation Group. The session was moderated by Ihsan Kharouf, Head of Savills Oman who discussed with the panellists the role technology has on the way goods are distributed and stored, and its impact on real estate decisions. The session also shed light on the large-scale ME infrastructure projects under construction or under planning and