The National Association of Freight and Logistics UAE (NAFL), one of the Arabian Gulf’s oldest and most active associations, has signed a landmark MOU with Fives Smart Automation Solutions (Fives SAS) to propel growth and automation across the UAE’s e-Commerce and logistics sectors.
Conceived to explore sector-wide opportunities to improve and automate the logistics industry and support the UAE’s burgeoning e-commerce growth, the MOU was signed by Nadia Abdul Aziz, President of NAFL and International Chamber of Commerce (ICC) chair of the customs and trade facilitation commission UAE, and Umer Saleem, business development and sales – MENA, SE Asia and Turkey for Fives SAS. Massimiliano Fochetti, global EVP sales and marketing for Fives SAS, was also in attendance.
“This MOU will foster mutual cooperation in various areas to support the logistics industry, capture opportunities, and work closer with government entities to further automate the logistics and e-commerce industry,” Aziz said.
“By harnessing the global expertise of NAFL and Fives SAS, we look forward to productive progress and hastening widespread adoption of technologically advanced methods which will ensure the UAE’s competitive advantage in our focus sectors.”
Worth more than AED220bn, the UAE logistics market contributes more than 13% of the country’s GDP. The development of the logistics ecosystem through digital and infrastructure investment is a key focus in current initiatives designed to sustain the nation’s economic growth, with conducive government policies paving the way for the UAE to be a truly global logistic hub.
“After successfully executing several smart projects in the region, Fives Smart Automation Solutions appreciates how local customers understand the importance and benefits of smart automation, a trend which has been fast-tracked due to the COVID-19 pandemic,” said Fochetti.
“Aligned with our ambitious growth target, we are ready to cater to our local customers’ needs as a strategic partner for NAFL in the UAE.”