FedEx unveils new route between UAE and Israel
The route will strengthen trade between the two countries and support customers, particularly small-to-medium enterprises (SMEs), with their international expansion, the company said.
Now, customers shipping to Israel can choose from a range of services tailored to their different needs, depending on their business requirements.
One of them is FedEx International Priority, the “fastest shipping option available to customers in the UAE today”, the company claims.
SMEs account for approximately 99% of businesses in the UAE and Israel.
The air and ground networks of FedEx Express will support a stronger commercial link between the UAE and Israel, and enable companies to gain faster access to markets and new customers within the two countries, the company said.
The UAE and Israel recently signed a peace accord to normalize relations, which will explore economic cooperation and investments in sectors such as logistics, aviation, agricultural technology, green energy, and food and water security.
Within the next three to five years, bilateral trade between the UAE, one of the top three global re-export hubs, and Israel is expected to reach $4 billion annually.