The United Arab Emirates, also known as UAE, is a nation located in the southeast end of the Arabian Peninsula. The country is comprised of a federation of seven emirates, and has the seventh largest oil reserves in the world.
Vallis’s first full collateral management operation in the Middle East took place in Dubai handling Steel. Since 2015, fuel management operations have been conducted in Fujairah and Hamriyah, with Vallis handling over 1,350,000 tonnes of petroleum products. Valise had also managed Sugar in Dubai since mid-2016.