Asyad Express, part of Asyad Group, has partnered with one of the UK’s largest parcel delivery company Evri to enhance e-commerce and e-fulfilment logistics in the Middle East.
The agreement, signed during Bloomberg’s business event, aims to attract major UK, European, US and Chinese e-commerce players to Oman and the region.
CEO of Oman Post and Asyad Express, Shaikh Ibrahim bin Sultan Al Hosni, said: “Our collaboration with Evri is a testament to our commitment to positioning Oman as a prominent e-commerce hub in the Middle East.
“By partnering with a distinguished global industry player such as Evri, we solidify our presence in the vital e-commerce markets of the UK, the US and China and establish Asyad Express as the logistics partner of choice in the region. We are confident in this strategic partnership’s potential to promote sustainable economic growth in Oman and the Middle East.
The deal aligns with the Group’s strategy to broaden Oman’s e-commerce capabilities in key global markets, highlighting its potential as an e-commerce hub and attracting international brands seeking to expand their services.
VP commercial at Asyad Express, Jason Ashbrook, said: “Under this partnership, we will jointly build a comprehensive e-commerce logistics ecosystem that completely integrates our combined services and creates a solid e-commerce gateway for Evri’s clients, placing Oman as Evri’s exclusive e-commerce fulfilment hub in the Middle East.
“Asyad Express and Evri will also be developing an international outbound product that will utilize Evri’s network, providing Omani SMEs with a platform to market and sell their products worldwide.”
Revenue for the e-commerce market in Oman Revenue is expected to show a compound annual growth rate of 9.2 per cent between 2023 and 2027, resulting in a projected market volume of $2,821.6 million by the end of the period, according to ecommerceDB data.