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Saudi Logistics Firm DHL to Invest $571 Million in Middle East By Investing.com
- DHL Group will invest over EUR 500 million in the Middle East, focusing on Saudi Arabia and the UAE from 2024 to 2030 as part of its Strategy 2030.
- The investment aims to enhance logistics infrastructure and capacity in response to global trade shifts.
- John Pearson, CEO of DHL Express, highlighted the Middle East's strategic role in linking Asia, Europe, and Africa to bolster trade.
- DHL is committed to sustainability through investments in electric vehicles and alternative fuels and technologies to support clients' net zero ambitions in the region.
20 Articles
20 Articles
DHL group to invest more than €500 million in Middle East
The region is growing not only due to attracting investments from multinationals expanding their operations but also because Gulf and Middle East-based firms are growing and increasing their exports.
Now it becomes clear what the bad wage agreement for Deutsche Post (DHL Group) employees was good for: for fat investments by the listed group in Saudi Arabia and the United Arab Emirates.
The logistics group DHL Group wants to invest more than 500 million euros in markets in the Middle East.
DHL Heralds Major Investment Into Middle East Operations - Data Intelligence
Earlier this week, global express delivery and logistics services provider DHL Group announced its plans to invest more than $500 million EUR ($577.9 million USD) in the Middle East, with a strategic focus on the Gulf markets of Saudi Arabia and the United Arab Emirates, with the total investment occurring between 2024-2030. The company explained that this investment comprises its major divisions—DHL Express, DHL Global Forwarding, DHL Supply Ch…
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