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9/5/24, 9:58 AM Middle East's economic revolution: What's driving it?
Transforming logistics in emerging

economies

In growing countries, outdated infrastructure, regulatory complexities and a lack of
technological integration emerge as critical bottlenecks impeding the development of

their logistics industries. However, next-generation companies with innovative tech
solutions are tackling these concerns.

For instance, DHL, a global logistics provider, utilises advanced technologies like the

Internet of Things (IoT), Information Systems (IS), cloud computing, and agile project
management while implementing initiatives like GoTrade to address critical challenges
faced by growing nations.

This also holds true for the broader logistics landscape. A recent McKinsey &
Company survey revealed that 87% of shippers have maintained or increased tech
spending since 2020, with 93% planning to boost investments over the next three

years.

Cutting-edge technology

Historically, high remittance costs have hindered the growth of cross-border payments,
especially in emerging markets. However, next-generation fintech companies have
significantly reduced both the speed and cost of these payments. For

example, Amazon recently introduced Amazon Pay, a real-time system for instant
cross-border transactions.

In the logistics sector, next-gen companies are at the helm of adopting advanced

technologies to streamline cross-border operations and enhance overall efficiency.
Emirates Post Group’s new brand identity, 7X, aims to boost socio-economic
development through improvements in logistics, e-commerce, financial inclusion, and

digitalisation.

Similarly, companies like Logistics Plus leverage real-time tracking and analytics to gain
better control over operations. DP World, a leading global port operator, uses smart

port technologies and blockchain solutions to enhance port efficiency and trade.

UAE’s role as a global logistics hub

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