Sharjah-Oman Logistics Corridor Reports 66.26% Growth in Cargo Value
What happened
The Sharjah-Oman logistics corridor recorded a 66.26% increase in cargo value during its first three months of operation.
The Context
- Strategic Development: The corridor connects Sharjah ports to Oman, addressing regional logistical demands amid geopolitical tensions.
- Operational Success: In just three months, it processed approximately AED 1.7 billion in cargo value, with over 34,000 truck movements.
- Market Expansion: More than 200 new importer codes were registered, indicating strong adoption and demand for its services.
The Number
— This year-over-year growth in cargo value highlights the corridor's effectiveness in streamlining trade routes, crucial for professionals in logistics and supply chain management.
Takeaway
Expect continued growth and efficiency improvements as the corridor solidifies its role in regional trade.
Arabic-language economic and business reporting with strong UAE market relevance.
"Emarat Al Youm business coverage often centers UAE property, banking, consumer issues, and economic policy."
— A47 Editor
ممر «الشارقة - عُمان» يسجل نمواً بـ 66.26% في قيمة البضائع ممر «الشارقة - عُمان» يسجل نمواً بـ 66.26% في قيمة البضائع
The Sharjah-Oman logistics corridor, launched by the Sharjah Ports, Customs and Free Zones Authority in collaboration with Oman Customs, has recorded a significant growth of 66.26% in the value of goods during its first three months of operation. Thi...
UAE-based English-language newspaper covering regional politics, economics, and global affairs.
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Value of goods through Sharjah-Oman logistics corridor jumps 66% in three months
The value of goods transported through the Sharjah-Oman logistics corridor has surged by 66% over the past three months, indicating a significant increase in trade activity between the two regions. This growth reflects the strengthening economic ties...
Arabic-language economic and business reporting with strong UAE market relevance.
"Emarat Al Youm business coverage often centers UAE property, banking, consumer issues, and economic policy."
— A47 Editor
الممر اللوجستي بين الشارقة وعُمان يسجل نمواً بـ66.26% في قيمة البضائع خلال الأشهر الثلاثة الأولى من تشغيله الممر اللوجستي بين الشارقة وعُمان يسجل نمواً بـ66.26% في قيمة البضائع خلال الأشهر الثلاثة الأولى من تشغيله
The logistics corridor launched by the Sharjah Ports, Customs and Free Zones Authority in collaboration with Oman Customs has recorded a significant growth of 66.26% in the value of goods during the first three months of its operation. This developme...