Logistics

Deals cover roads, railways, air transport and postal services as the two countries expand economic cooperation

Revenue rose 47 per cent to Dhs7.08bn, supported by maritime, logistics and economic zone operations

The company invested $1.5bn across its global portfolio during the first half and maintained its full-year capital expenditure forecast of about $3bn

The delivery company reported lower quarterly profit and adjusted EBITDA as it invested in expanding its grocery, loyalty and retail businesses

Khalifa Al Qama, chief of Dubai’s RDI Ecosystem, overseen by Dubai Future Foundation, said the initiative was intended to accelerate the adoption of advanced logistics technologies while creating economic opportunities

The warehouse has been designed to serve consumer goods, industrial products, automotive, retail and technology sectors

Rck-It will manage specialist logistics operations supporting sectors including advanced manufacturing, automotive, luxury industries, live events and international trade.

The planned logistics terminal in Sohar will provide advanced integrated logistics services and supply chain solutions while supporting new regional and international trade corridors

The facility will feature approximately 12-metre clear-height storage, temperature-controlled areas, dedicated dangerous goods storage, office space and supporting operational amenities

The new hub is expected to support the movement of automotive spare parts across the GCC region, Africa and other markets by leveraging Dubai’s position as a logistics and trade centre