Tag: Aramex

Aramex inaugurates Beirut Free Zone Logistics Centre

The Beirut Port Authority recently launched its new logistics free zone which houses facilities for key regional and international providers including Aramex. Aramex unveiled its state-of-the-art logistics centre which will reinforce the company’s multimode solutions. The new centre will generate better transit times for the sea and land movement of goods from Europe and North Africa to the GCC and Levant countries.

Iyad Kamal, Aramex Chief Logistics Officer said, “Our new facility at the Beirut Port Free Zone is a one-stop-shop offering tax-free storage and warehousing in addition to our regular portfolio of services. Aramex’s logistics facility at the Beirut Port Free Zone covers one of the largest plots in the free zone, inclusive of a vaulted room and temperature controlled space for sensitive goods.”

Kamal added that Aramex is investing heavily in its logistics capacity across the network, specifically in the Middle East. “We have been at the forefront of growth in the regional logistics industry, developing to a supply chain management expert and ensuring the efficient flow of goods, warehousing, and distribution via our extensive network.

“Evidently the emerging free zones have had a tremendous impact on the development of the industry. They provide key locations for a host of international companies, warehousing facilities, and easy transport of incoming and outgoing goods at competitive rates.” said Kamal

Asma Abboud, Aramex Lebanon Manager, said: “Aramex started operation in Lebanon since 1988 and employs more than 200 specialized staff members. As part of our ongoing investment in the local logistics and transportation industry, we have recently launched our Karantina Logistics Centre offering customers a variety of innovative logistics, warehousing and transportation solutions. The new facility at the Beirut Port Free Zone represents another key investment in the country and will lead to the recruitment of new logistics professionals”.

Aramex operates strategically located logistics facilities in Jebel Ali Free Zone in the UAE, Sahab Duty Free in Jordan, and others in Riyadh, Jeddah, Bahrain, Egypt, Morocco, India and Iran. The opening of the Beirut Free Zone facility is yet another element of the investment strategy for Aramex’s logistics infrastructure in the region. This includes the upgrade of existing facilities and the establishment of new centers such as the one at the Dubai Logistics City which will cover 240,000sq meters.

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Aramex inaugurates Beirut Free Zone Logistics Centre

The Beirut Port Authority recently launched its new logistics free zone which houses facilities for key regional and international providers including Aramex. Aramex unveiled its centre which will reinforce the company’s multimode solutions. The new centre will generate better transit times for the sea and land movement of goods from Europe and North Africa to the GCC and Levant countries.

Asma Abboud, Aramex Lebanon Manager, said: “Aramex started operation in Lebanon since 1988 and employs more than 200 specialized staff members. As part of our ongoing investment in the local logistics and transportation industry, we have recently launched our Karantina Logistics Centre offering customers a variety of innovative logistics, warehousing and transportation solutions. The new facility at the Beirut Port Free Zone represents another key investment in the country and will lead to the recruitment of new logistics professionals”.

Aramex operates logistics facilities in Jebel Ali Free Zone in the UAE, Sahab Duty Free in Jordan, and others in Riyadh, Jeddah, Bahrain, Egypt, Morocco, India and Iran. The opening of the Beirut Free Zone facility is yet another element of the investment strategy for Aramex’s logistics infrastructure in the region. This includes the upgrade of existing facilities and the establishment of new centers such as the one at the Dubai Logistics City which will cover 240,000 sq meters.

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Growth Fueled by Solid Performance of Freight and Logistics Products.

Aramex reported financial results for the third quarter ended September 30, 2007. Aramex revenues rose 25 pct to AED 451.7 million, climbing from AED 360.8 million for the same period last year.

Net profits for the third quarter of 2007 rose by 14 pct to AED 26.0 million, from AED 22.7 million for the same period last year, while net profits for the first nine months of 2007 increased by 31 pct to AED 89.4 million, from AED 68.5 million for the same period last year.

Aramex revenues for the first nine months of 2007 rose by 34 pct to AED 1,289 million from AED 961 million for the same period last year. These results include one time costs of AED 1.8 million of an investment write-off and tax expenses.

“We had solid double digit growth in all our products, especially our freight and logistics services. The gulf region continues to give us very solid results and we are witnessing consistent profitability from our Two-Way acquisition in Europe.” commented Fadi Ghandour, Founder & CEO of Aramex.

“We continue to be optimistic about our full year results coming out on target,” he added.

In addition to significant growth in freight and logistics, the company also demonstrated strong results in the growing document management sector through Infofort; Aramex’s document management arm and a market leader in the Middle East.

1 USD = 3.67151 AED

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Aramex Lebanon wins 'Station of the Year 2006'

Aramex has honoured its Lebanon network with ‘Station of the Year’, recognizing its outstanding efforts during the war which erupted in Lebanon in the summer of 2006.

Despite strenuous circumstances, Aramex Lebanon was not only able to continue full commercial operations, but managed to maintain high service standards which enabled clients to continue doing business – underlining the team’s exceptional level of dedication.

“The tremendous efforts put forth by our operations in Lebanon during the war demonstrate Aramex’s unwavering support and commitment to the local communities in which we operate, what the Lebanon team did was an inspiration to us all,” said Fadi Ghandour, Aramex Founder and CEO.

In coordination with the Higher Committee for Relief and locally-based NGO’s, Aramex Lebanon played a critical role in the international relief efforts in Lebanon during the war. Full resources were dedicated to distribute humanitarian aid materials across various affected parts of the country.

Held at the Dead Sea in Jordan, Aramex recognised several high performing stations at its 25th annual leader’s conference, presenting trophies for the best performances in Express, Freight, Domestic, Logistics, Revenue and Net Income, among others.

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Aramex delivers Oman Post Express Shipments

Aramex, announced that it has partnered with Oman Post to handle express deliveries on its behalf to the MENA region, Indian Sub-Continent and Europe.

As per the agreement, Aramex will serve as key logistics provider for the handling of express deliveries on behalf of Oman Post.

Aramex offers an innovative solution that stretches across the GCC, MENA and South Asian regions. The benefits of the relationship for Oman Post is that Aramex has the capability, resources and flexibility to reach markets earlier untouched by the government shipment arm that are key to placing Oman Post on the map of influential postal service providers.

Aramex has started delivering on behalf of the Omani government through this partnership which comes as a demonstration of Aramex ‘s commitment to the Omani and wider GCC communities.

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