#Aramex
Featuring the latest sorting and processing technology to ensure precision, the new facility is equipped with non-stop CCTV surveillance, improved access control, and strict security protocols
The company plans to expand its drone and robot delivery testing across the Middle East and Africa region
Six business leaders that have championed growth and navigated their organisations
The company’s freight forwarding business reported a strong performance, attributable to increased volumes from industrial, retail and SME verticals
Aramex paid an all-cash purchase price of approximately $265m for the acquisition of MyUS, its largest to date
The company plans to expand its drone delivery testing across the Middle East region
What3words allows users to find, share and navigate to locations, anywhere in the world and the technology is available in 50 languages, including Arabic
Discussions are still in the early stages
Aljeda replaces Bashar Obeid who submitted his resignation to the board on April 29
He resigned on April 29 citing “personal reasons”
Aramex confirmed that the judgment can be appealed
Aramex will provide DED Trader licence holders with Domestic and International Express delivery solutions, and comprehensive freight services and logistics assistance
Aramex will leverage its logistics network to reach more businesses and consumers
The shares were acquired through a series of on-market transactions and through an off-market special deal
Aramex’s Q1 2020 revenues fell 3 per cent to Dhs1.19bn, compared to Dhs1.23bn in Q1 2019
Logistics firm plans to diversify its business with a focus on e-commerce
Currency fluctuations and an employee incentive scheme impacted the results
Aramex CEO Hussein Hachem said that lower oil prices could translate into a 5 to 10 per cent drop in its 2015 operating costs.