Logistics companies are also key enablers, moving goods and services across the globe. Many MENA countries are developing their ports infrastructure as they compete for a bigger market share of global trade
Despite a difficult period due to the pandemic, travel and tourism remains a vital sector for MENA. While tourism has always been important for the U.A.E., Egypt, and Jordan, now other GCC countries, including Saudi Arabia and Oman, are looking to attract more visitors. The region’s airlines are an important enabler of this industry, connecting the region to the world.
Logistics companies are also key enablers, moving goods and services across the globe. Many MENA countries are developing their ports infrastructure as they compete for a bigger market share of global trade. While the U.A.E. is the market leader, Oman, Saudi Arabia, and Egypt have also announced large investments in this sector. The growth of e-commerce is also transforming the logistics industry, increasing the importance of sectors like warehousing and last-mile delivery.
Methodology
The region’s biggest logistics businesses are ramping up again after a tough period. When compiling this ranking we considered:
• Size of the company in terms of assets, revenues, and market value.
• Percentage of trade enabled by the company, and therefore its importance to the economy.
• Quantity of goods transported or stored.
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