Collaborates with the Saudi Export Development Authority in the Kingdom
FedEx is on a roll in the Kingdom and participates in the annual ‘Made in Saudi’ Exhibition held in the Kingdom’s capital.
“The World Bank’s upward revisions of GDP forecasts to 4.1% for the UAE and 5.9% for Saudi Arabia in 2025 reflect the resilience and potential of these dynamic economies. These revisions are driven by the growth in the non-oil sector, which is a result of the nations’ diversification efforts and reforms,” according to Taarek Hinedi, Vice President, FedEx Express Middle East and Africa Operations.
“The UAE’s record-high non-oil economic growth, reaching AED 3.5trillion in 2023, demonstrates the country’s increased demand for efficient, reliable, and smart logistics solutions to support the flow of goods and services,” affirmed Hinedi.
DWC Hub
“Our recent developments in the Middle East region, including the establishment of our new regional air and ground hub at DWC, enhancements to FedEx International Priority Service transit times, and launch of cost effective FedEx Less-than-Container Load Priority ocean-road and Regional Economy services, support the diverse trade requirements of different industries,” he asserted Hinedi.
In Saudi Arabia, FedEx has also been collaborating with the Saudi Export Development Authority, represented by the “Made in Saudi” program, offering customized logistics solutions to the authority’s members and enhancing their access to global markets. These efforts align with the Kingdom’s Vision 2030, aiming to increase non-oil exports in non-oil GDP to 50%.
“By facilitating world trade, enabling global connectivity, and implementing technology-led solutions, logistics plays a crucial role in the socio-economic development and GDP growth across the region,” concluded Hinedi.
