Air Freight and Logistics
Company Overview of Aramex International Limited
Aramex International Limited provides international express and freight forwarding services in the middle East and the Indian Sub-continent regions. The company has also forged a strategic global alliance with US based Airborne Express. Its global alliance network spans more than 250 countries. The company provides a comprehensive suite of e-commerce solutions to buyers and sellers. These solutions include complete 'e-logistics' services that provide third party logistics, storage, and shipping. They also include express courier, freight forwarding, and distribution and delivery services for everything from components and spare parts to finished products. It has strategic alliances with Aust...
Al Quds Street
Founded in 1996
962 6 5358855
962 6 5337733
Key Executives for Aramex International Limited
Senior Vice President-Finance
Senior Vice President of Gulf and Indian Sub-Continent
Vice President of Information Technology
Compensation as of Fiscal Year 2017.
Aramex International Limited Key Developments
Aramex Announces Earnings Results for the Third Quarter of 2017
Nov 5 17
Aramex announced earnings results for the third quarter of 2017. The company has achieved a 13% growth in net profit for the third quarter of 2017 at AED 81.6 million, up from AED 72.2 million for the same period of last year. Revenues in the third quarter have also increased to AED 1,144 million, up by 9% compared to last year’s AED 1,050 million. Excluding global currency fluctuations, especially the Egyptian pound, third quarter revenue would have registered double-digit growth of 11%.
Aramex Announces Earnings Results for the First Quarter Ended March 31, 2017
Apr 30 17
Aramex announced earnings results for the first quarter ended March 31, 2017. For the quarter, the company made a net profit of AED 91.8 million compared with a profit of AED 96.9 million in the same period a year earlier. Not accounting for the provision, first quarter net profit would have been AED 105.1 million, an 8.5% rise from the same period of last year. The firm's revenue during the period was AED 1.1 billion, up 7% from AED 1 billion in the same period a year ago. The company said its strong revenue performance in the first quarter was driven by growth across Asia Pacific, while revenue in other regions were hurt by currency fluctuations, particularly the Egyptian pound.
Aramex International, Ltd. Agrees to Form Joint Venture with Australia Post
Jun 7 16
Aramex International Ltd. has agreed to form a joint venture Australia Post targeting the global e-commerce market, with a particular focus on Asia. The joint venture will help Australia Post to grow its Australian e-commerce market, capturing more inbound e-commerce parcel volumes and also provide a platform for outbound growth.
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