This extra sortie will boost trade between the two countries
FedEx Express has increased the frequency of its direct Memphis-Dubai Boeing 777F flight, facilitating intercontinental trade between the Middle East and the USA.
“As the first to launch a dedicated flight between the USA and the UAE, FedEx has extensive expertise in shipping from and to the USA, and since 2011, the FedEx Boeing 777F flight has provided considerable access to boost trade between the US and the Middle East,” commented Jack Muhs, Regional President, FedEx Express Middle East, Indian Subcontinent and Africa. “
Over a 10-year period (2006-2016), USA exports to the United Arab Emirates grew by 118%. The UAE is currently the USA’s 28th largest trading partner, with a total trade value of US$ 24bn worth of imports and exports in 2017.
The UAE also represents the largest export market for the European Union (EU) among the Gulf Cooperation Council (GCC) countries, with exports amounting to EUR 42bn, and total trade in goods between the EU and the UAE amounting to EUR 52bn in 2017, the company revealed in a press statement.
