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DHL Express keeps investment plans in Middle East despite war

AMSTERDAM, March 12 (Reuters) - DHL Express Europe, a unit of Deutsche Post DHL DHLn.DE, will continue with its investment plans in the Middle East despite the war in Iran as the region has a key role for the company in the long run, Mike Parra, its Chief Executive, said on Thursday.

DHL has announced over 500 million euros ($577 million) in investment in the Middle East through 2030, especially in Saudi Arabia and the United Arab Emirates.

($1 = 0.8661 euros)

 (Reporting by Anthony Deutsch and Inti Landauro)

 ((Inti.Landauro@thomsonreuters.com;))

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