Tag: Aramex

Aramex net profits surge 36 pct to AED 33.5 million (USD 9.12 million)

Aramex, announced that 2007 second quarter net profits climbed 36 pct to a record breaking AED 33.5 million, compared to AED 24.6 million for the same period in 2006. Revenues soared 21 pct to AED 438 million, from AED 361 million for the same period last year.

The results pushed Aramex’s 2007 half-year net profits up by 39 pct to AED 63.4 million, from AED 45.8 million for the same period last year. Revenues for the first six months of 2007 also registered a very strong 39 pct growth, jumping to AED 837 million, from AED 600 million for the same period in 2006.

Commenting on the results, Fadi Ghandour, Aramex’s Founder and Chief Executive Officer, stressed that the company’s impressive performance “demonstrates our solid leadership in our core markets. All our products are enjoying double digit revenue growth in the Gulf and we have been winning key accounts in the region’s logistics sector.”

Arab Emir. Dirham = 0.27229 US Dollar

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Aramex Delivers for Qatar Foundation

Aramex has recently signed a significant courier service agreement with Qatar Foundation for Education, Science and Community Development.

Through this agreement Aramex will establish an implant office on the Qatar Foundation premises; The Education City, to offer domestic and international delivery of time-sensitive documents, parcels and shipments through its extensive domestic, regional and international network.

Aramex provides a successful portfolio of express services in Qatar. The company’s online tracking system allows customers to have access to up to the minute information on the delivery and collection of their shipments.

“We are proud to sign this agreement with Qatar Foundation that has been at the heart of the educational and social growth in the country. Our people are dedicated to service excellence and we are confident they will perform to the global best practices while maintaining a focus on their deep knowledge of the domestic market in Qatar”, said Mohammad Alkhas, Aramex Qatar Country Manager.

“Through our work station in The Education City, our specialized team will operate in a timely and accurate manner to ensure all shipments, documents and parcels are delivered punctually in and outside Qatar”, added Alkhas.

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Aramex signs courier service agreement with Qatar Foundation

Aramex has recently signed a significant courier service agreement with Qatar Foundation for Education, Science and Community Development.

Through this agreement Aramex will establish an implant office on the Qatar Foundation premises; The Education City, to offer domestic and international delivery of time-sensitive documents, parcels and shipments through its extensive domestic, regional and international network.

Khalid A. Al-Sulaiteen, Director, Materials and Contracts Directorate, Qatar Foundation said: ‘At Qatar Foundation, our mind is set on making Qatar a leading centre of innovation in education and research that will transform the country into a knowledge-based society. Our supplier selection process is governed by key criteria including the merit of the supplier, its capacity to provide innovative solutions in a timely and cost-effective manner. Once on board, we deal with our suppliers with the utmost professionalism and transparency.”

Aramex provides a successful portfolio of express services in Qatar. The company’s online tracking system allows customers to have access to up to the minute information on the delivery and collection of their shipments.

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World Mail Award winners celebrated

The 2007 World Mail Awards, presented on Monday night at a top London hotel, brought out the very best from postal services around the globe. More than 350 senior executives from the industry gathered to hear yachtsman, hero & adventurer, Pete Goss, present the coveted trophies for best practice and excellence.

This was the 8th year the Awards have been run by Triangle and they continue to grow in both prestige and breadth of coverage, with two new awards and four new sponsors for 2007. The distinguished panel of judges met only hours before the presentation to select the eventual winners of the awards from the 38 finalists.

The twelve winners competed against a broad geographical diversity of applicants and a wide variety of products and services submitted by operators and suppliers to the mail industry.

This year’s World Mail Award winners are as follows:

• Corporate Social Responsibility (sponsored by DHL Global Mail)
– Brazil Post for its Postal Bank project

• Customer Service (sponsored by Western Union)
– Canada Post Corporation for its Customer Value Management program

• e-Commerce (sponsored by Saudi Post)
– Deutsche Post AG for its ADDRESSDIALOG project

• Growth (sponsored by Q-Post)
– DHL Global Mail for its global letter-writing club LetterNet

• Industry Leadership (sponsored by Pitney Bowes)
– Jean-Paul Bailly, Chairman and CEO, La Poste

• Innovation (sponsored by Emirates Post)
– ampm for its delivery tracking solution eyeTrack

• People Management (sponsored by Australia Post)
– Masterlink Express for its ”Talents Maker” management academy training program

• Quality (sponsored by Magyar Posta)
– Singapore Post for SingPost Quality Excellence

• Retail Project (sponsored by Triangle)
– Aramex International for its SHOP&SHIP mailbox system

• Security (sponsored by Royal Mail)
– Royal Mail for its Mail Integrity Programme

• Technology (sponsored by Intermec)
– Denmark Post for its GIS route planning system

• Transformation (sponsored by IBM)
– Saudi Post for the creation of NAQEL

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Aramex brings in real-time scanners

Dubai-based express firm Aramex has introduced a real-time scanner system which it says will be deployed in its operations worldwide by the end of this year.

The USD 1.5 million system of wireless, handheld scanners is designed to update clients with delivery and collection details from ground couriers on the move, and has already been deployed throughout the Gulf region, Jordan and Lebanon.

“Banks are especially pleased with the advantages of this new system,” said Iyad Kamal, Aramex’s vice-president for logistics & ground services.

“Providing banks with instantaneous delivery updates of their invoices and credit card deliveries enhances efficiency of their operations,” he added.

Aramex, listed on the Dubai Financial Market (DFM: ARMX), employs over 5500 people in 240 offices and offers services worldwide through a network of alliances.

The company said it would upgrade its ground services equipment – to use the latest in advanced technology – following recommendations from a forum of 50 of its operational managers in Amman, Jordan, in December.

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