SIEMENS TO SET UP GLOBAL LOGISTICS HEADQUARTERS IN DUBAI

Highlighting the importance of Dubai as a strategic logistics hub between East and West, North and South, Siemens has announced plans to set up its global logistics headquarters including its portfolio for airports, cargo infrastructure and ports in the emirate in the near future. The company will also target the site of Expo 2020 Dubai as the future location for this business after the exposition ends. The move supports the legacy aspirations of Expo 2020 Dubai, as well as the industrial and logistics developments in the emirate. Siemens sees great growth potential in the Middle East region and in the logistics market globally. The company expects this development to support its Vision 2020 and related logistics businesses, creating new growth opportunities globally. The headquarters in Dubai would include Siemens’ competences in its portfolio fields for airports, cargo infrastructure and ports. All levels of value addition would be represented locally, including global management and strategy, innovation, digitalization software development, sales, assembly and production. (Source: Siemens – Image: Dubai Expo 2020)