The UAE, Qatar and the Kingdom of Saudi Arabia are among the world’s top 10 emerging markets for logistics, according to a new report released this week. The UAE ranked number one for business fundamentals, while KSA came third in the same category.
The UAE landed the third position in the 15th Annual Agility Emerging Markets Logistics Index, which ranked among 50 markets across the world for overall competitiveness based on factors that make them attractive to logistics providers, freight forwarders, air and ocean carriers, distributors and investors.
The countries were rated as per their logistics strengths, business climate and digital readiness.China topped the overall list, followed by India in the second spot, while KSA and Qatar stood sixth and seventh, respectively. The UAE, Saudi Arabia and Qatar have maintained their rankings since the previous index, while Oman (15) Bahrain (16) and Kuwait (21) fell down places in the rankings.
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