Despite slowing global economic growth and geopolitical tensions placing renewed pressure on international shipping, Dubai’s maritime sector has continued to strengthen. In 2019 the emirate moved up in the ranking of the world’s top-10 maritime capitals, securing the ninth spot, compared to its position of 10th in 2017. Today, the emirate is the leading maritime centre in the Middle East, India…
Interview:Sultan Ahmed bin Sulayem To what extent will the US-China trade conflict affect Dubai’s maritime logistics sector? SULTAN AHMED BIN SULAYEM: The conflict is not likely to affect Dubai in a negative way. We are already the leader in the region, with a strong knowledge economy and culture of innovation, and we will continue to develop our logistics infrastructure. The US-China dispute…
Across the globe the urban transportation sector is experiencing rapid expansion, driven by economic growth and a global demographic shift towards urbanisation. Politicians, urban planners and private sector actors are working together to find new solutions for reducing congestion and increasing the speed and efficiency of urban transport. However, unless proactive steps are taken to plan and…
While Dubai’s reputation as an important maritime trade and air transport centre is already well established, the emirate is also rapidly emerging as a leader in transport and logistics innovation. Dubai’s transport and logistics sector experienced strong growth in 2019, continuing to underpin the emirate’s wider economy. Much of the current investment activity in the sector is being…
Despite slowing global economic growth and geopolitical tensions placing renewed pressure on international shipping, Dubai’s maritime sector has continued to strengthen. In 2019 the emirate moved up in the ranking of the world’s top-10 maritime capitals, securing the ninth spot, compared to its position of 10th in 2017, according to a benchmarking study by Menon Economics and DNV GL. Today,…
Dubai's well diversified economic base has continued to underpin growth in the emirate. Despite slowing global growth and rising tensions placing pressure on international shipping, Dubai’s maritime sector has continued to strengthen, and in 2019 the emirate moved up in the ranking of the world’s top-10 maritime capitals, securing the ninth spot. The emirate is also rapidly emerging as a leade
Maritime endeavours are a key component of Dubai’s history. The city was originally established as a trad¬ing port and achieved its prosperity chiefly from pearl exports. The discovery of oil in the emirate in the 1960s not only created a new source of wealth, but also encouraged the nation to develop modern maritime infrastructure, as oil exports relied heavily on shipping. In recent years, maritime…
Dubai Maritime City Authority (DMCA), the body responsible for promoting, developing and regulating Dubai’s maritime sector, formally launched the Dubai Maritime Virtual Cluster (DMVC) in September 2018. The website aims to provide an interactive platform for knowledge sharing and research, in order to strengthen Dubai’s maritime community and showcase the portfolio of services available…
As a well-established regional hub for transport and logistics, Dubai is the UAE’s primary transit point for passengers and the main gateway for its non-oil exports and imports. Counting one of the world’s busiest airports and the Middle East’s largest port among its facilities, the transport sector makes a significant contribution to Dubai’s economy as well as that of the wider UAE.…
Maritime endeavours are a key component of Dubai’s history. The city was originally established as a trading port and achieved its prosperity chiefly from pearl exports. The discovery of oil in the emirate in the 1960s not only created a new source of wealth, but also encouraged the nation to develop modern maritime infrastructure, as oil exports relied heavily on shipping. In recent years,…
