On June 11, Germany’s DHL (2024 revenue €84.19 billion, up by 3% year-on-year) announced a €500 million investment by 2030 in the United Arab Emirates and Saudi Arabia to strengthen the 4 divisions in the region. DHL Express (30% of revenue at €25.1 billion, up by 1.2%) will modernise hubs and airport infrastructure. International freight, with DHL Global Forwarding (23% of revenue at €19.6 billion, up by 1.8%) will expand a regional presence and invest in the fleet, relying on a joint...
DHL to invest €500 million in the Gulf by 2030
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