The logistics major revealed plans to launch drone delivery by the end of February
Aramex
Latest in Aramex
Abu Dhabi
ADQ’s Q Holding makes cash offer to buy 100% stake in Aramex
Offer price of AED3 per share represents an attractive 33 percent premium to the last traded share price of AED2.25 on 9 January
Aramex
Aramex partners with Admiral Mobility to deploy its first electric trucks
The initiative aligns with Aramex’s strategy to pioneer sustainable logistics solutions for its clients
Aramex
Aramex cuts customs processing time by 50% with Dubai customs initiative
Initiative helps streamline operations and accelerate supply chain efficiency; Enables goods inspection directly at Aramex warehouses
Aramex
Aramex to expand footprint in Iraq with new ZK Holding JV
The move will help Aramex access 7,000 points of sales across Iraq, and facilitate smoother logistics operations in more than 15 cities
Aramex
Aramex partners with Saudi Arabia’s Omniful to advance e-commerce fulfillment segment
Omniful’s feature-rich and robust OMS is tailored to enhance operational efficiencies and streamline inventory, orders, and logistics data management in real time
Aramex
Aramex launches electric bikes for deliveries in UAE
The fully electric bikes will serve last-mile delivery orders as part of the company’s strategy to achieve a total of 98 percent EVs by 2030
Aramex
Dubai’s Aramex announces cargo drones under new deal with Dronamics
This partnership aims to leverage Dronamics’ drone technology and Aramex’s fleet management capabilities to enable same-day middle-mile and long-range deliveries
Aramex
Aramex positive on Q4 after decline in third-quarter revenue
Despite the decline in revenue, Aramex managed to increase its gross profit by 4 percent year-on-year through proactive measures to boost operational efficiencies and optimize General and Administrative expenses
Aramex
Aramex completes ‘successful’ drone, bot service test in Dubai
The tests are part of the company’s “Future Delivery Program”
Amazon
Aramex completes successful drone package delivery tests in Oman
High-tech package delivery a step closer after Aramex uses drone technology for door-to-door deliveries
100% foreign ownership
Middle East’s biggest courier Aramex increases its foreign ownership limit to 100 percent
The move makes it the “first onshore UAE company listed on the DFM to allow for full ownership of its free-floating shares by foreign investors”, the company said
Abu Dhabi
AD Ports Group’s net profits soar to $232.2mn in 2021 driven by volume growth, diversification, and partnerships
General cargo volumes reached record levels of 45 million metric tonnes in 2021, up from 30 million metric tonnes in 2020
Abu Dhabi Ports
Abu Dhabi Ports acquires stakes in Aramex, National Marine Dredging Company
AD Ports now holds a 22.32% stake in Aramex and a 10% stake in NMDC as it seeks industry collaboration
Aramex
Dubai’s Aramex halts talks to buy Turkish cargo firm MNG
Aramex, which is also partly owned by Abu Dhabi sovereign wealth fund ADQ, disclosed early-stage talks with MNG Kargo in September
Aramex
Dubai’s Aramex announces launch of start-up focused Aramex Go in Saudi Arabia
Launch comes as Saudi Arabian authorities continue to deregulate the start-up sector in a bid to expand entrepreneurism in the kingdom
Aramex
Dubai’s Aramex’s sees net-profits slide 14% despite rise in revenues
Revenues for the first nine months of 2021 reached $1.26bn up from $1.06bn for the same period last year