CEVA Logistics is connecting commerce in Bahrain and across the Middle East through its new direct presence in Manama. The new office will offer a full range of air, ocean, ground, and contract logistics services.
According to the International Monetary Fund, Bahrain’s economy is set to expand 3.3% in 2022 and 2.9% in 2023. In addition, annual GDP growth, along with oil and gas market dynamics, are likely to support further economic growth.
The new office will accelerate growth in key industries and Middle East markets, where the company’s revenues grew 30 percent in 2021. In addition, the direct presence with support the company’s offering of end-to-end deliveries and last-mile services. CEVA’s direct Middle East presence now includes Bahrain, the UAE, Qatar and Oman.
Axel Herzhauser, regional managing director, Middle East & Africa, CEVA Logistics said: “Our growth strategy of adding local expertise is central to delivering our responsive logistics solutions. Our CEVA employees in the local market can adapt our solutions to ensure a reliable, sustainable supply chain connecting our customers in Bahrain to other Middle Eastern and global markets.”