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Mumbai, India, February20, 2024 — FedEx Express (FedEx), a subsidiary of FedEx Corp.(NYSE: FDX) and one of the world’s largest express transportationcompanies, is expanding its footprint in the Middle East, IndianSubcontinent and Africa (MEISA) by establishing a state-of-the-arthub at Dubai World Central (DWC) Airport in Dubai South. Thefacility was officially inaugurated by His Highness Sheikh Ahmedbin Saeed Al Maktoum, Chairman of Dubai Airports and Chairman andChief Executive of Emirates Airline and Group, along with RajSubramaniam, FedEx Corporation President and CEO, Richard W. Smith,FedEx Express President and CEO, Airline and International, andKami Viswanathan, FedEx Express MEISAPresident.
This new FedEx regionalhub marks a long-term investment of more than USD 350 million,focusing on infrastructure, and technological advancements. Thisinvestment reaffirms our commitment to revolutionize its operationswith cutting-edge technology and innovativepractices.
“The establishment of ournew regional hub significantly enhances our presence andcapabilities in the MEISA region. This investment is not just aboutinfrastructure expansion; it will contribute to improve theregion’s connectivity, and play a key role in facilitating globaltrade and commerce,”