Logistics Middle East – August 2019

UPDATE | AUGUST 2019

10 AUGUST 2019 | LOGISTICS MIDDLE EAST http://www.logisticsmiddleeast.com

Dubai-based

Tristar Group and

the Stevens Group

based in the Netherlands

have launched the Tristar

H a z m at FZ C O i n Je b e l A l F re e

Zone to provide logistics and

supply chain management

of hazardous goods and

substances throughout the

Middle East.

The joint venture brings to-

gether the diverse footprint

and established network of

the Tristar Group in logistics

and supply chain management

across the Middle East, provid-

ing the Stevens Group with a

unique opportunity to deploy

its niche products and services

across the industry.

Tristar Hazmat FZCO has

an ambitious business plan

and aims to become a major

industry player in the region

over the next five years.

Tristar and Stevens Group form joint venture on

hazardous goods in JAFZA

Eugene Mayne, Tristar

Group CEO, commented: “This

is a step in the right direction

for our group as we seek to

establish a leadership posi-

tion in storage and handling

of dangerous goods and haz-

ardous materials in the GCC.

Dubai launches e-statistics system for

better data to clients and decision makers

Dubai Customs has

launched its new e-

statistics system,

which has been developed

in-house to keep abreast with

the technological advance-

ments in the UAE towards em-

bracing the Fourth Industrial

Revolution (4IR).

Ahmed Mahboob Musabih, di-

rector general of Dubai Customs,

kicked off the e-statistics system,

in a launch ceremony held at DC

headquarters in the presence of

Arif Al Muhairi, executive direc-

tor of Dubai Statistics Center,

alongside senior executives and

directors from Dubai Customs.

In his opening speech at the

launch ceremony, Ahmed Mah-

boob Musabih confirmed that the

new smart system is an indication

of the incessant efforts of Dubai

Customs to provide value to the

trade sector.

“We are applying and adopting

the latest AI technologies to en-

hance and upgrade our services

and facilities to our clients. With

the new e-statistics system we

can guarantee a higher quality of

data provision to traders, inves-

tors, and decision makers at the

government and private sectors,”

Musabih said.

Musabih pointed out that

Dubai Customs went above and

beyond to ensure a best e-statis-

tics system is in place because

statistics are a very important

indication of the performance

of Dubai and the UAE economy.

“Dubai Customs is aware of

the importance of information

for global trade and economy.

Information is power and who

owns information, owns the

world. Good management strate-

gies and sound decision making

require timely, cost-effective and

easy-to-use information,” he said.

The JV with the Stevens Group

will complement our existing

DG business and infrastruc-

ture to ensure that we import

and implement international

best practices for safe storage,

handling and distribution of

all classes of Hazardous Ma-

terials.”

Greg Stevens, Stevens Group

founder and CEO, added that

“a key building block of the

growth of our business and our

global aspiration is to partner

with best in class players in the

industry with the footprint to

maximize our products and

services.”

“Tristar are best placed to

do this in the Middle East and

I am proud and honored to an-

nounce this partnership with

Tristar today and look forward

to working with them through

our new company Tristar Haz-

mat FZCO,” Stevens added.

economy.^ Dubai Customs is aware of the importance of information for global trade and

STORY SUMMARY

MOST UAE AND KSA

COMPANIE S SEE IOT AS CRITICAL TO GROWTH –

HONEYWELL

A new report by Honey-

well has revealed two-

thirds of medium-to-large

organizations in the UAE

(68%) and Saudi Arabia

(66%) believe Industrial

Internet of Things (IIoT)

technologies are critical to

business operations, or will

become critical in the next

five years.

Honeywell partnered

with YouGov and IDC to

launch the “IIoT Market

Spotlight – UAE & Saudi

Arabia” study, which ana-

lyzes the views of approxi-

mately 250 C-level execu-

tives at companies in the

UAE and Saudi Arabia

across the buildings and

cities, transport and logis-

tics and industrial sectors.

Eugene Mayne, Tristar Group CEO (left).