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February 17, 2021|
Considering the geographical location of Dubai, the Logistics industry has been on a rise since past few years. But it could not be saved from the pessimistic effects of the COVID-19. This ill-effect was not limited to Dubai, but has been evident throughout the world due to the hindrance faced by the transportation system which eventually resulted in the discombobulate supply chain. In order to identify the level of the consequences which a logistic sector of a country have to face due to the pandemic, one can check out the available level of stocks that are present in the country and the level of difficulty the country faces to obtain such stocks.
Prior to pandemic, Dubai had secured sufficient amount of stock in form of huge investment which in turn had made sure that there is no disturbance in the supply chain due to nonavailability of the sufficient stock. Despite all these measurements, Dubai is still not regarded as a secured country just like other countries since new challenges came up during the time period of the global pandemic. The only advantage that Dubai had was the functioning of air transport which allowed the continuance of the trade in some sectors, owing to the investment it had earlier made in technology.
Not only this, the government here has made sure that the economy does not suffer from the pandemic by issuing various economic stimulus packages that have attracted the entrepreneurs here and has efficaciously reduced the difficulty and cost of running a business in this area. With respect to these packages, the custom department has also issued a number of notices that go along such stimulus as an add-on. The following notices are:
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