In Expansion Mode
FedEx Express is committed to supporting economic sustainability across the Middle East and is keen to expand its customer base in Oman with a suite of products and service offerings, says Taarek Hinedi, Vice President, Middle East and North Africa Operations, FedEx Express International in an interview with Oommen John P
FedEx Express, a subsidiary of FedEx Corp and the world’s largest express transportation company has announced its expansion in the Gulf Cooperation Council (GCC) countries, transitioning to a direct presence in the Sultanate of Oman.
Taarek Hinedi, FedEx Express Vice President Middle East and North Africa Operations, who was in Muscat recently said, FedEx Express has been facilitating trade in Oman since 1993 by offering its services through a local service provider. This strategic expansion provides customers with access to an extensive international coverage to and from more than 220 countries and territories, a stronger
customer care support system and a wider service portfolio, connecting businesses to new markets and customers across the globe.
“We have been associated with Oman Postal Express for the past 26 years. Our relationship goes all the way back to 1993. We have been able to offer a suite of products in Oman that has served the customer base thoroughout the period of time.”
With a lot of developments taking place in the Sultanate in line with its Vision 2040 to expand into non-oil sectors, FedEx Express is keen to expand its customer base in Oman. As Oman’s economy diversifies, there is going to be trade and transportation requirements and FedEx Express sees a lot of potential to grow.
FedEx Express is committed to supporting economic sustainability across the Middle East, connecting local businesses and the region to 99 percent of the world’s GDP.
Jack Muhs, regional president of FedEx Express Middle East, Indian Subcontinent and Africa said, “We see great potential as Oman continues to evolve into a key logistics powerhouse in the Middle East and beyond. Oman connects the East and West of the GCC region, and in addition to businessfriendly conditions, the Sultanate has comprehensive initiatives to integrate its road, airport and port networks.
With access to our unparalleled Middle East road network and the world’s largest air express network, FedEx Express connects Oman directly to the rest of the world.”
“We see a lot of growth taking place in the e-commerce arena. Additionally, the manufacturing, pharmaceutical and automobile sectors, will require top notch solutions.” “We will bring in a suite of products and expand the service offerings in the market in line with customer requirements,” Taarek said.
“Some countries in the GCC are diversifying faster than others.
GCC and Oman in particular will continue to deliver growth.” FedEx Express operates 686 aircrafts operate globally and 60 flights a week in the Middle East. “We are always looking at opportunities to connect with customers.” Service and reliability is what brings customers to FedEx Express, he said adding, “We will continue to offer an exceptionally reliable service. We are committed to Oman and we are here for the long haul.”
“Logistics is one of the most important pillars of Oman Vision 2040 and this is certain to drive the growth of the economy,” said Al Naaimi.
The announcement by FedEx Express supports the country’s coordinated efforts and broader strategy to diversify the national economy. The logistics sector is a key contributor towards employment, investment and overall economic growth in the Sultanate, and a critical part of the nation’s future growth.
In 2018, the Muscat International Airport invested in a new terminal, following the government’s expansion plans in the aviation sector. According to a recent report by the World Economic Forum, Oman ranks 8th globally in road infrastructure, while inflows of foreign direct investment and major infrastructure developments are the driving forces for the nation’s sea ports.