The demand for warehouses is growing exponentially in the UAE as the popularity of e-commerce and online shopping continues to increase. Despite the increase in demand, the supply for storage space in the country remains low,
The measures announced recently in the Union Budget granting 100 per cent tax exemption on interest, dividend and capital gains income to Sovereign Wealth Funds (SWFs) investing in infrastructure, will further help boost investments in affordable housing and logistics, according to JLL research.
The Sharjah Airport International Free Zone (SAIF Zone) has announced the completion of development works on ‘U2 Area’, a new dedicated district for stores and warehouses.
The Abu Dhabi Civil Defence appealed to the owners of factories and warehouses in industrial establishments, to adhere to the standards and conditions of prevention and safety, and not to store materials in a random manner.
A blaze at a warehouse in India’s capital has killed 9 people and left at least 3 injured on Monday, a fire officials said. The fire broke out in the early hours of Monday at Kirari area of New Delhi and its cause was yet unknown
In what could be a key indicator of consumer demand and growing confidence, the Indian warehousing sector has shown a robust growth at 25 per cent y-o-y with the total warehousing space at 211 million sq. ft. at the end-2019 compared to 169 million sq. ft., a year ago.
The Civil Defence teams put out a fire which broke out in the new industrial area in the Emirate of Ajman.
Bahrain’s MVC Global - providers of one of the leading supply chain track-and-trace platforms for pharmaceuticals and medical devices - announced a strategic partnership with Cox Logistics Group
The Civil Defence teams and police patrols were able to bring under control a fire that broke out in four furniture warehouses in Al Jurf Industrial Area in Ajman. No casualties were reported as a result of the fire.