Tag: Aramex

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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