Tag Archives: Aramex

Aramex Net Profit Surges 26% in Q2 2018

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Dubai, UAE – Aug 1, 2018:
Aramex (DFM: ARMX), the leading global provider of comprehensive logistics and transportation solutions, today announced its financial results for the second quarter and first half year ended 30th June 2018.

Aramex’s Q2 2018 net profit surged by 26% to AED 122 million, compared to AED 97 million in Q2 2017, and the company’s net profit in the first half of 2018 increased by 20% to AED 225.7 million, compared to AED 188.7 million for the same period of 2017.

Revenues for the quarter rose by 7% to AED 1,232 million, compared to AED 1,147 million in the corresponding period of 2017. H1 2018 revenue reached AED 2,422 million, up by 7% compared to AED 2,253 million in the same period 2017.

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Aramex Net Profit Surges 38% in Q3 2018

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Dubai, UAE – Wednesday, October 31st, 2018:
Aramex (DFM: ARMX), the leading global provider of comprehensive logistics and transportation solutions, today announced its financial results for the third quarter ended 30th September 2018.

Aramex’s Q3 2018 net profit surged by 38% to AED 113 million, compared to AED 82 million in Q3 2017. Net profit for the nine-month period ending September 30th, increased by 25% to AED 339 million compared to AED 270 million in the prior year period.

Revenue for the quarter rose by 8% to AED 1,239 million, compared to AED 1,143 million in Q3 2017. Revenue for the nine-month period ending September 30th also increased by 8% to AED 3,661 million, compared to AED 3,397 million in the corresponding period of 2017.

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Aramex Goes Live with WhatsApp Business Solution for Customers

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Dubai, UAE – Sunday, Oct 21, 2018:
Aramex (DFM: ARMX), the leading global provider of comprehensive logistics and transportation solutions, today announced the launch of a more personalized customer interaction channel through its partnership with WhatsApp for Business. The roll out of the pioneering service is part of the Company’s efforts to enhance customer experience and digitize the end-to-end shipment journey.

In its preliminary version, the service will include a “track and trace” functionality as well as a “find Aramex nearest location” feature. Ultimately, the service aims to provide an on-demand and personalized customer interaction for shipment notifications, live location sharing, new delivery instructions and scheduling, offering highly customized last mile preferences and an upgrade to the Company’s service level.

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Aramex expands Saudi presence, signs strategic partnership with Al-Dawaa Medical Services Co.

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Riyadh, KSA – August, 2018:

Aramex, the leading global provider of comprehensive logistics and transportation solutions, today announced that its Saudi division is entering into a strategic partnership with Al-Dawaa Medical Services Co. (DMSCO), the exclusive owner of Al-Dawaa Pharmacies.

The agreement will look to expand the logistics provider’s presence in the Saudi market, provide a new and unique service to the e-commerce sector, and extend additional services to Al-Dawaa Pharmacies’ clientele.

The first phase of the partnership will enable Aramex to launch service centers within 20 branches of Al-Dawaa Pharmacies distributed across the Kingdom. The second phase will see Aramex

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Aramex Announces Bashar Obeid as Chief Executive Officer

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Dubai, UAE – 19 November 2017:
Aramex (DFM: ARMX), the disruptive leader in the global logistics and transportation industry, today announced that its Board of Directors have appointed Bashar Obeid, currently Chief Financial Officer, as Chief Executive Officer of Aramex, to succeed Hussein Hachem.

Obeid joined the accounting and finance team at Aramex in 1993, and has since grown into several leadership positions including the company’s Financial Controller, Group Financial Controller, and finally Aramex’s Chief Financial Officer. He was a member of the team that oversaw Aramex’s public offering on the NASDAQ stock exchange and later on the Dubai Financial Market (DFM).

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Aramex Announces Net Profits Growth of 13% in the Third Quarter 2017

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Dubai, UAE; November 05, 2017:
Aramex (DFM: ARMX), the disruptive leader in the global logistics and transportation industry, announced today its financial results for the third quarter ending 30 September 2017.

Aramex’s Q3 Net Profits have increased by 13% to AED 81.6 million, up from AED 72.2 million in Q3 2016. Revenues in the third quarter have also increased to AED 1,144 million, up by 9% compared to last year’s AED 1,050 million in Q3 2016. Excluding global currency fluctuations, especially the Egyptian Pound, Q3 2017 Revenues would have registered double-digit growth of 11%.

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The ‘weight’ is over: Aramex launches “Shop & Ship FLEX”

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Dubai, UAE, 26 October 2017
Aramex, the disruptive leader in global logistics and transportation, has announced a brand new addition to its innovative and hugely successful Shop & Ship (S&S) service, the service that makes global online shopping happen. Due to the global high demand for Shop & Ship, increasing customer base, and rapidly evolving needs of e-commerce customers, Aramex has launched its new and exclusive membership option: “Shop & Ship FLEX”.

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Delivering the Future: Aramex Adds Electric Vehicles to its Fleet

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Dubai, UAE, 22 October 2017
Aramex (DFM: ARMX), the disruptive leader in the global logistics and transportation industry, today announces the new addition of ten electric vehicles to its fleet in Amman, Jordan. This comes as part of a longer-term strategic move by Aramex to convert the entire fleet to electric vehicles, in order to reduce operational CO2 emissions and mitigate climate change.

The successful pilot in Jordan will be followed by a rollout of more electric vehicles in the UAE, Egypt, and Lebanon over the next twelve months.

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Aramex CEO Hussein Hachem Ranks 23 amongst Top 100 CEOs in the GCC

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Hussein Hachem, Chief Executive Officer of Aramex International, has been ranked #23 amongst the Top 100 CEOs of publicly listed companies across the GCC. The ranking was unveiled at the “Top CEO Awards” ceremony that was recently organized by TRENDS magazine and INSEAD business school.

The “Top CEO Awards” celebrate the region’s 100 best-performing CEOs based on an evaluation of their companies’ listings on GCC stock exchanges across different categories such as, financial performance, corporate governance, disclosure standards and overall leadership traits of the CEO.

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Aramex Announces Record Net Profit Growth in Q4 2016

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Dubai, UAE; January 30, 2017:Aramex (DFM: ARMX), the disruptive leader in the global logistics and transportation industry, today announced its Full Year Financial Results for the year ended 31 December 2016.

Aramex’s 2016 Full Year Revenues reached AED 4,343 million, up by 16% compared to AED 3,755 million in 2015. Q4 Revenues saw double-digit growth of 18% to AED 1,158 million, compared to AED 982 million in the corresponding period of 2015.

The Company’s 2016 Full Year Net Profits increased by 37% to AED 426.6 million, compared to AED 311.3 million in 2015. Q4 Net Profits reached AED 131.8 million, which represents an increase of 129%, compared to AED 57.6 million in Q4 2015.

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