Officials signing the strategic agreement
Gulftainer has unveiled a major logistics expansion programme that includes the acquisition of 1,000 trucks and the development of a large-scale automotive logistics ecosystem in Sharjah’s Khorfakkan Al Dhaid Free Economic Zone (KAFEZ), strengthening its distribution capabilities across the UAE and GCC.
The UAE-based trade and logistics operator signed a strategic agreement with United Al Saqer Heavy Equipment for the acquisition of 1,000 trucks, with the first 450 units scheduled for delivery before the end of November 2026 and the remainder expected in the first quarter of 2027.
The fleet expansion will increase Gulftainer’s distribution capacity, enhancing cargo movement between Khorfakkan and key markets across the UAE.
Alongside the truck deal, the two firms announced plans to develop what is expected to be the UAE East Coast’s largest truck workshop within KAFEZ.
Farid Belbouab, Group CEO of Gulftainer, said the investments are aimed at creating an integrated logistics ecosystem that supports both the company’s operations. The partners have also signed an investment agreement to set up a dedicated 100,000 sq m automotive logistics park in KAFEZ.
Nader Al Quraan, CEO of United Al Saqer Heavy Equipment, said the project builds on the company’s presence in the UAE automotive sector and will combine its expertise with Gulftainer’s logistics infrastructure to create a benchmark facility for the region.
