Tag: Aramex

Middle East transport sector to undergo major changes

The Middle East’s transportation industry including the $10 billion (Dh36. 8 billion) logistics and express mail market is set for more competition, consolidation and privatisation in the coming five years, a study from The National Investor (TNI) said.

“Following the worldwide convergence towards ‘one stop shop’ supply chain and logistics management solutions, we believe the transportation industry in the Middle East is on the verge of revolutionary developments such as consolidation and privatisation,” said the comprehensive research report obtained by Gulf News. The report comes in the wake of the ongoing initial public offering (IPO) of Arab International Logistics Company that plans to acquire Aramex International.

The Middle East logistics market is valued at more than $10 billion with the GCC market accounting for about 10 per cent of this. The UAE accounts for roughly 35 per cent of the GCC but Saudi Arabia leads with a 55 per cent share.

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ARAMEX to build chain of logistics hubs as part of major regional development

ARAMEX has revealed significant development plans for the region, including the opening of new logistics centres in Dubai, Cairo, Jeddah and Beirut and a major expansion of the existing facility in Amman. ARAMEX will significantly strengthen its regional presence over the coming months, not least with its expansion plans for its logistics business. The company has also confirmed that it will use The World Mail, Express & Air Cargo Expo taking place in Dubai in March to spotlight its regional development strategy. Organised by Streamline Marketing and Triangle Management Services, the conference-led exhibition will be staged from 1-2 March at the Dubai World Trade Centre and, according to premium sponsor ARAMEX, is the natural forum in which to discuss the unique and expanding mix of mail, express and freight services which it calls ‘total transportation solutions.’

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Rasmala Buyout Fund LP Completes Tender Offer For Aramex International Limited

February 8 – Rasmala Buyout Fund a Dubai based company has bought Aramex for around $60m. The purchase ws made by tender offer for the Aramex shares which were traded on NASDAQ through Cayman Isles and Bermuda subsidiaries. Fadi Ghandoor the former main shareholder in Aramex has taken up 28% of the shares of the Cayman Island cpmany acquiring the shares.

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France – A market dominated by Paris

Growth in the French market for express delivery services has, as in the UK and Germany, been influenced by the development of the European Union and the globalisation of national companies. More recently, the outsourcing of distribution services by French companies and the increasing popularity of home shopping has also stimulated demand.

Market Size

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