Page 70 - SUPERBRIDGE PR REPORT - SEPTEMBER 2024

9/5/24, 9:58 AM Middle East's economic revolution: What's driving it?
The UAE’s strategic location between key trade hubs across Europe, Asia and Africa
highlights its position as a global logistics hub.

According to a recent report by the IMARC Group, the UAE logistics market is poised to
reach a valuation of $58.5 billion by 2032, from an estimated value of $35.9 billion in

2023, growing at a compound annual growth rate (CAGR) of 5.58% between 2024-
2032.

Read more:

The future is bright for the Middle East as next-gen companies lead in cross-border
payments and logistics. Moreover, enduring efforts rooted in innovation and
collaboration can foster a prosperous and dynamic economic landscape. While inching

closer to achieving the goal of establishing the Middle East as an economic
powerhouse, the spirit of innovation should be sustained, reinforcing global standards

in cross-border transactions and logistics.

https://www.logisticsmiddleeast.com/e-commerce/middle-easts-economic-revolution-whats-driving-it 3/3