Abu Dhabi sovereign fund ADQ offered to take full control of Aramex PJSC in a deal that would value the courier services company at about 4.39 billion dirhams ($1.2 billion). ADQ, through its ...
DUBAI, Jan 13 (Reuters) - Abu Dhabi sovereign wealth fund ADQ plans to launch a takeover offer for Aramex (ARMX.DU), opens new tab, bidding for the shares it does not already own in the courier ...
Aramex recorded one of the highest complaint rates in Saudi Arabia’s postal parcel sector, with nine complaints per 100,000 parcels in the fourth quarter of 2024, according to the latest performance ...
Abu Dhabi-based investment and holding company ADQ has offered to fully acquire the largest courier company in the Middle East Aramex in a deal that values that company at AED 4.39 billion (USD 1. ...
The automated facility represents a quantum leap in logistics efficiency and demonstrates the company’s commitment to Saudi Arabia’s Vision 2030 Aramex, the global leader in comprehensive logistics ...
Q Logistics has set the takeover bid price at $0.82 (Dhs3) per share, representing a 33 per cent premium over Aramex's closing price on Thursday.
Dubai, UAE: Aramex (DFM: ARMX), a leading global provider of comprehensive logistics and transportation solutions, has launched an innovative self-service kiosk at its main branch in Umm Ramool, Dubai ...
Aramex has faced challenges of declining revenues in recent times but still clocked $1.26 billion for the first nine months of 2024 Aramex has announced at the Dubai Financial Market (DFM) a voluntary ...
“The sovereign wealth funds have been game changers in the region,” Fadi Ghandour, the founder of Aramex and executive chairman of Wamda, said in a Zoom conversation. “They have a mandate to ...