Aramex stocks open to foreign investors
Australia Post has sold its stake in Middle Eastern package-delivery service, Aramex PJSC (Aramex), a company listed on the Dubai Financial Market,
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Aramex’s US $80 million investment
Aramex, the global provider of comprehensive logistics and transportation solutions, has acquired the KSA-based company, Saudi TAL for Commerce and Contract Company Ltd (“Saudi TAL”), for approximately US $80 million.
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Aramex buyout to strengthen Australia Post’s international capability
Australia Post is securing full ownership of Aramex Global Solutions (AGS), which provides end-to-end cross-border logistics solutions to a portfolio of iconic global eCommerce merchants.
Read MoreAramex “transforming” the way packages are being delivered
Aramex, the global provider of comprehensive logistics and transportation solutions, has launched ‘Aramex Fleet’, a crowd-based delivery platform that connects Saudi nationals to flexible last mile delivery work to leverage on Saudi Arabia’s sharing economy and support strong demand for Aramex services in the Kingdom.
Read MoreRecord Q4 results for Aramex
Aramex has announced that its net profits for the fourth quarter (Q4) were up 129% on last year at AED 131.8m and revenues increased by 18% to AED 1,158m.
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