DHL Express keeps 500 million euro Middle East plans

DHL Express Europe, a subsidiary of Deutsche Post DHL, has confirmed it will proceed with its strategic investment plans in the Middle East despite the current conflict involving Iran. Mike Parra, the Chief Executive of the unit, stated on Thursday that the region remains a vital component of the company's long-term growth strategy. The logistics firm has committed to investing more than 500 million euros, approximately $577 million, across the region through 2030.