
Ras Al Khaimah Economic Zone (Rakez) and FedEx Corporation have recently shared insights with over 50 companies in in RAK that logistics sector is poised to grow by over 7 per cent annually, with the market size likely to surpass US$30 billion (AED110 billion) by 2030. The event highlighted the significance of ‘Taking Your Business Global’. The participants also had the opportunity to explore the latest FedEx products, services, and solutions that can help them expand their operations to reach new international markets and territories. “Efficient logistics play a critical role in global expansion. Our extensive network, which includes daily flights to and from the UAE through our state-of-the-art hub at Dubai World Central, which connects this region to key global markets, offering significant business expansion opportunities to local companies,” Sammy Bousaba, Managing Director, Sales, FedEx, said.
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