On time delivery. Fadi Ghandour is the founder and chief executive offICEr of the Company. As such, we expect healthy demand for our Express business, and we are confident that our operations and dedicated teams are well prepared to handle the expected surge in volume in a timely and efficient manner. Bashar Obeid, Chief Executive Officer of Aramex, said: “We witnessed a very strong set of results over the three-month period, achieving the highest Q3 revenue on record supported by growth across most of our business lines. We love to hear from you and serve you better. The acquisition of InfoFort is subject to customary closing conditions, including applicable regulatory approvals. From an industry perspective, we are adjusting to lower margins because of more competitive pricing and higher cost environment. Delivery experience. Separate multiple tracking numbers with a space or comma. Q4 is typically a busy shopping season and with more and more consumers turning to e-commerce to buy goods and gifts due to travel and other COVID-19 related restrictions, this supported Aramex’s top line growth for the three-month period. The second half of the year staged a strong recovery from a weak first half, as lockdown measures eased and there was a gradual return to normal business operations. Currently the company is looking for various posts in … InfoFort, founded in 1997 and headquartered in Dubai, is the largest information management solutions provider in the Middle East, North Africa and Turkey (MENAT) region. 2.6. To that end, in late 2020 we began expanding operations in one of our core markets strategically located hubs, Abu Dhabi, to help us achieve our time definite service. Categories: Courier Services Combined, these higher expenditures ultimately weighed on FY 2020 EBITDA margins, which came in at 13.8%, down from 18.2% in FY 2019. As the global economy recovers from the pandemic and the global vaccination drive gathers pace, we are optimistic about the future of our industry. Moreover, the agreement to sell InfoFort will strengthen Aramex’s balance sheet and result in a more focused group, consistent with the Company’s long-term strategy to focus its operations on the core logistics solutions services. As an increasing number of consumers depend on online shopping for essentials as equally as luxury goods, we must continue to enhance and expand our e-commerce operations, especially in the last mile, to defend our market position in core markets. Today, Aramex employs more than 13,900 people in over 354 locations across 60 countries, and has a … While we believe the operating capital that has been deployed to expand our last mile capacity will normalize in the coming quarters, relatively higher line haul costs are here to stay for the foreseeable future. Bashar Obeid, Chief Executive Officer of Aramex, said: “Throughout the year we remained focused on executing on both the digital transformation roadmap, to enhance operational efficiencies and service levels, and on our commercial strategy, to diversify revenue and expand our B2B business. Founded by Fadi Ghandour and Bill Kingson, the company started in 1982. View Aramex, in Courier & Delivery Services category. Net profit fell by 59% to AED 46.2 million in Q3 2020, compared to AED 113.8 million in the corresponding period of 2019. Map location, telephone number, operating hours, photos and reviews of Aramex Outlet in Dubai, UAE See full address and map. Categories: Courier Services Keep supporting great journalism by turning off your ad blocker. Enter your Aramex tracking number and get updates with one click. Our strong cash position, low leverage and robust capital structure positions us favorably to capitalize on attractive opportunities in 2021. [1] It is worth noting that in line with IFRS 5, Revenue and subsequent income statement line items for Q4 and FY 2020 and Q4 and FY 2019 periods have been adjusted to exclude income from Information Fort (LLC) “InfoFort”, since it has been classified as a discontinued operation, assets and liabilities held for sale following the announcement made to the market on 4 February 2021 that Aramex has entered into a definitive and binding agreement to sell InfoFort. Address: Shop # 9, Ground Floor, Faisal Building, Street # 11, Al Nahyan, Abu DhabiLandmark: Near Lebanese Flower Restaurant, Dubai. Address: Ground Floor, Emirates Post Building, Umm Ramool, Al Rashidiya, DubaiLandmark: Opposite Al Mawakeb School, Dubai. Aramex is a leading provider of express package delivery, freight forwarding and other transportation services primarily to, from and within the Middle East and … With reference to disclosure announced to the markets on 4 February 2021 on Aramex entering a definitive and binding agreement to sell InfoFort and in line with IFRS-5 to disclose InfoFort and its subsidiaries assets and liabilities held for sale, and discontinued operation for Q4 2020 and Q4 2019 and FY 2020 and FY 2019. Get Aramex - Abu Dhabi contact details such as address, phone number, website, latest news and more at Arabianbusiness We noticed you're blocking ads. Read the reviews and write yours, find contacts, view 5 pictures, discover how to get there. Address: Office # 301, 3rd Floor, S S Lootah Building, Omar Bin Al Khattab Road, Al Baraha, Deira, DubaiLandmark: Opposite Gulf Pearl Hotel, Dubai. In 2020, we also remained focused on executing on several Sustainability initiatives including testing electric vehicles in Saudi Arabia and commissioning the second solar farm in Dubai to power our warehouses. Logistics & Supply Chain Solutions business increased 6% to AED 375 million, compared to AED 355 million in 2019, due to solid growth from very promising and strategic sectors including healthcare and FMCG. In Q4 2020, Revenue increased 13% to AED 1,598 million, compared to AED 1,418 million reported in Q4 2019. Over the period we continued investing in our last mile infrastructure to support the strong growth in e-commerce activities including hiring more couriers, increasing our fleet, expanding our warehouse capacity and upgrading our clearance gateway capabilities. http://www.dhl.com/en.html, Address: Shop # 9, Ground Floor, Faisal Building, Street # 11, Al Nahyan, Abu DhabiLandmark: Near Lebanese Flower Restaurant, Dubai. On the commercial front, we were incredibly successful in expanding our services and increasing the number of customers and total volume of shipments handled in the healthcare and FMCG sectors. The company shall fully disclose the details of the transaction upon closing, which is expected in the third quarter of 2021. Phone number: +971 4 8860606 City of Dubai http://www.dhl.co.ae/en.html, Address: Ground Floor, Emirates Post Building, Umm Ramool, Al Rashidiya, DubaiLandmark: Opposite Al Mawakeb School, Dubai. Of note, Aramex has made inroads into the food and beverage market and sees it as a growth market segment. At the end of 2020, Aramex’s total cash stood at AED 1,255 million and free cash flow of AED 441 million. Skip to content. Address: Ground Floor, Building # 13, HP Building, Sheikh Zayed Road, Dubai Internet City, DubaiLandmark: Next to Oracle Building, Dubai. View Aramex, in Courier & Delivery Services category. Freight-Forwarding reported revenue of AED 280 million down 5%, from AED 294 million in Q4 2019 on the back of the decline in activity from the oil and gas and fashion retail segment. Rothschild & Co. acted as financial adviser to Aramex, Herbert Smith Freehills acted as legal adviser. Moreover, given the increased price sensitivity of our customers, a trend which we have been experiencing over the last few years, our pricing strategy is to remain competitive while ensuring we continue to provide efficient and high-quality service.”, Othman Aljeda, Regional CEO for Aramex in Europe, North America and Asia, added: “We experienced an exceptional 35% growth in total volumes over the period, with the majority of the contribution coming from our core markets including Saudi Arabia and UAE. H7 1.0. COVID-19 OPerational Updates Our transportation and logistics network spans the globe, with strategically located offices, hubs and logistics centres in major cities to provide you with swift and … Separate multiple tracking numbers with a space or comma. Aramex moved their headquarters to Dubai in 1985, and in 1987 they became partners with Federal Express in the area. Aramex is an international express, mail delivery and logistics services company based in Dubai. There was also good growth from Australia and New Zealand. More broadly, we believe we have entered a new era for e-commerce. Get all reviews, opening hours, directions, phone number, address, offers and more for Aramex, G,Mall Of The Emirates,Near By The Mall Of The Emirates 22 Bus Station,Sheikh Zayed Road, 4th Interchange,Al Barsha 1, Dubai, 04 3235135 at connect.ae The contact details are displayed as submitted by the user. Aramex , Al Rashidiya 1, Ajman | Courier Services Ajman | | Localsearch.ae. 1st March 2014. We also believe the regions’ transportation, logistics and last mile delivery industry is ripe for consolidation and we are actively seeking potential opportunities that will realize synergies to enhance the sector’s efficiency, reliability and end-to-end service level.”. Top line rose across most of the Company’s business lines, with International Express rebounding from the previous quarter as global business activities have generally started to pick up with Covid-19 related lockdowns, mobility restrictions and border closures easing over the three-month period. 2.8. based on 5184 ratings. Aramex: Know all about Aramex company. This business line has recovered from Q2 2020 as regional retailers have witnessed a recovery in their sales activities since the loosening of Covid-19 lockdown measures and is also benefitting from solid growth from the healthcare industry. Receive your shipments faster and find out how much you will pay before shipment with Aramex import express services. Read the reviews and write yours, find contacts, view 5 pictures, discover how to get there. Captain Mohamed Juma Alshamsi, Chairman of Aramex said: “In 2020, Aramex demonstrated its operational resilience and agility to respond swiftly to fast-changing operational conditions thanks to our strong digital infrastructure, robust financial position, experienced management team and the incredibly determined people that were on the ground getting the job done. All About Aramex. Aramex Address: Office # 52, 4th Floor, Building Z, Al Dhaid Road (Airport Road), Sharjah Airport International Free Zone, SharjahLandmark: Near Sharjah International Airport Zip Code: 9148 City of Sharjah Phone number: +971 6 5572060 Categories: Courier Services, Companies & Businesses Those costs have been pushed higher since the beginning of the Covid-19 pandemic. Demand-side fundamentals are encouraging as more and more businesses will depend on us to move and deliver shipments globally and domestically. Covid-19 has accelerated growth in the e-commerce industry, which remains the dominant driver of our top line growth. Aramex - Abu Dhabi: Know all about Aramex - Abu Dhabi company. AED 21.3 million in estimated credit loss on the Company’s bank deposits in Lebanon, a prudent provision in light of the deteriorating liquidity and banking conditions in that country. Excluding the previously announced non-recurring provision booked during the period because of the damages caused by two major incidents, namely Lebanon’s blast and the warehouse fire in Morocco, Net Profit would have been down by only 13% year-on-year to AED 99.1 million. Aramex Courier and Logistics Jobs Qualification. The majority of the growth has been coming from Asia and Europe origins into GCC markets. Aramex is listed on the Dubai Financial Market. Address: Aramex, Um-ramool, Airport Road Towards Rashidiya, After … Aramex UAE overall have a really remarkable affordable and quality shipping service, and would recommend it to anyone. As of Q1 2021 we will begin chartering our own flights from Abu Dhabi to other GCC markets.”. Home; Our Story; Aramex; Aramex Global Shopper; Store-To-Door Courier; PostNet; Contact Us In Q4 2020, Revenue increased 13% to AED 1,598 million, compared to AED 1,418 million reported in Q4 2019. Address: Aramex, Um-ramool, Airport Road Towards Rashidiya, After Eghq Junction, Before Gulf & Safa Dairies Rate Now! Dubai, UAE – Tuesday, 9th February 2021: Aramex (DFM: ARMX), a leading global provider of comprehensive logistics and transportation solutions, today announced its financial results for the Fourth Quarter (Q4 2020) and Full Year (FY 2020) ending 31 December 2020. In December, the Company joined the Hope Consortium, spearheaded by Department of Health – Abu Dhabi, to safely deliver vaccine vials in over 170 countries. Categories: Courier Services, Address: Dubai, Dubai. For FY 2020, Net Income was AED 285 million, down by 42.7% from AED 497.4 million for the year ago period, and normalized Net Income for the period was AED 377.6 million, down 24.1% year-on-year. We are confident that under Iron Mountain’s stewardship, InfoFort will continue to grow and lead the industry in the region.” concluded Obeid. Aramex Djibouti Grâce a Aramex Shop &Ship, vous pouvez désormais faire vos achats en ligne dans le monde et le recevoir ici chez vous!! Net Profit for the nine-month period decreased by 40% to AED 208 million compared to AED 344.94 million in the prior year period. A surge in e-commerce activity led to a 37% increase in e-commerce volumes in core markets, notably from Saudi Arabia, UAE and Kuwait. Address: South Zone 1, Jebel Ali Free Zone, DubaiLandmark: Near Gate # 6 Zip Code: 3841 It was established in the year of 1982 Its headquarters is located in Amman, Jordan. Domestic Express business surged 23% to AED 1,362 million, compared to AED 1,108 million in 2019, driven by the rise in domestic e-commerce across GCC and Australia. Sorry, we can only track 10 shipments at a time. It is a courier and package delivery company located in Dubai, UAE. Commenting on the sale, Bashar Obeid, Chief Executive Officer of Aramex, said: “Today’s sale of InfoFort is a major milestone for Aramex, which will allow the group to focus entirely on growing the group’s core logistics businesses globally. Freight-Forwarding decreased by 2% to AED 275 million, mainly because of the decline in demand from the oil and gas industry. See full address and map. While 2020 profitability margins were squeezed by higher costs – due to COVID-19 – and one-off provisions, we believe our investments in technology and other pro-efficiency initiatives will lead to higher synergies, and will reflect positively on our profitability over the coming periods. Aramex Address: South Zone 1, Jebel Ali Free Zone, DubaiLandmark: Near Gate # 6 Zip Code: 3841 City of Dubai Phone number: +971 4 8860606 Categories: Courier Services, Companies & Businesses This has enabled us to further diversify our revenue mix, which is a core part of our commercial strategy to ensure we continue to grow sustainably through various market cycles. About InfoFort: There was an increase in other costs related to COVID-19, including Personal Protective Equipment (PPE) for Company employees and sanitization of facilities and fleet. Aramex Express Contact Phone Number is : +962 (6) 5515111 and Address is 2 Bader Shaker Assayab street, 11196, Jordan Aramex is a public Transportation and logistics Company located in Bader Shaker Assayab street, 11196, Jordan. We are pleased that Iron Mountain recognizes the strength and position of InfoFort as a market leader in the region, as well as its future potential. More generally, to enable the Company to manage a robust increase in volumes, costs related to scaling operations rose over the period. Aramex's International Express business jumped 18% to AED 796 million, compared to AED 673 million in Q4 2019. In addition to the higher cost base in Q4 2020, EBITDA margins were weighed by non-core and one-off provisions of: Aramex reported a Net Profit of AED 77.0 million in Q4 2020, primarily due to the above-mentioned one-off provisions. This marks the Company’s highest fourth quarter Revenue on record. Phone: +353 (0) 1 807 8000. Um ramool aramex: addresses on the map, ☎ phone numbers, websites, opening hours, ★ reviews, photos, ⚑ search for driving directions and public transport routes Dubai, UAE – Thursday, 5th November 2020: Aramex (DFM: ARMX), a leading global provider of comprehensive logistics and transportation solutions, today announced its financial results for the third quarter (“Q3”) ended 30 September 2020. Find your best contact at Aramex Australia. Dubai, UAE; February 3, 2020: Aramex PJSC (“Aramex”) (DFM: ARMX), a leading global provider of comprehensive logistics and transportation solutions, announced today that it is has reached a definitive and binding agreement for a subsidiary of Iron Mountain Incorporated (“Iron Mountain”), the US based global leader of information management services, to acquire Information Fort (LLC) (“InfoFort”), a leading records and information management provider in the Middle East, North Africa and Turkey regions. It was established in 1982 as an Express operator. All locations. Separately, over the last several quarters, we have been executing on our digital transformation to help realize efficiencies and improve the level of service. The Domestic Express business grew by 29% to AED 350 million and e-commerce volumes in core markets surged 71% over the period with particularly strong contribution from Saudi Arabia and the UAE, in addition to Australia. The service aims to provide an on-demand and customised customer interaction for shipment notifications, live location sharing, new delivery instructions and scheduling, offering last mile preferences and an upgrade to the company’s service level. Full Year 2020 Business Performance Highlights: Aramex's International Express business jumped 10% to AED 2,573 million, compared to AED 2,349 million in 2019. InfoFort's business and expertise are a natural extension of our solutions, further building on our commitment to facilitate customers’ transformation journeys and solving their evolving business challenges,” said Ernest Cloutier, Executive Vice President and General Manager of Global Records and Information Management at Iron Mountain. See full address and map. Aramex – Courier Office in Umm Ramool Address, Phone, Email, Fax, Working hours, Google map. More info → However, Covid-19 has also increased our overall operating costs across multiple parts of our business including costs related to scaling last mile operations and cross border transportation. The Logistics & Supply Chain Solutions business rose by 6% to AED 94 million. In line with Aramex’s prudent and transparent financial disclosure, EBITDA and Net Income for Q4 and FY 2020, A non-recurring provision in Q3 and Q4 2020 to cover the damages resulted from warehouses’ fire incidents in Beirut and Morocco, Expected Credit Loss (ECL) on the bank balances of Aramex Lebanon as per the requirements of International Reporting Financial Standard (IFRS 9), AED 18.4 million was additionally booked in Q4 2020 in relation to warehouse fire incident incurred in Q3 2020; and. The disposal will strengthen Aramex’s balance sheet and result in a more focused group, consistent with management’s long-term strategy to focus its operations on the core logistics solutions services. We are excited about the prospects from both those defensive industries and will continue to build our capacity and capabilities to service and accelerate our growth in those segments. The company quickly grew into 120 locations in 33 countries – primarily in the Middle East and Southeast Asia. See full address and map. Aramex's cross-border International Express increased by 29% to AED 715 million and shipment volumes rose by 12% year-on-year and by 14% from Q2 2020. {{formSectionVm.form['QuickRateCalculatorViewModel.OriginCountry'].$error.error}}, {{formSectionVm.form['QuickRateCalculatorViewModel.DestinationCountry'].$error.error}}, {{formSectionVm.form['QuickRateCalculatorViewModel.Weight'].$error.error}}, {{formSectionVm.form['QuickRateCalculatorViewModel.Unit'].$error.error}}. ARAMEX is a free listed business in this directory. Aramex’s Logistics & Supply Chain Solutions business witnessed a 4% year on year growth to AED 101 million and rebounding from Q2 2020 lows. In Q4 we handled a record volume in Express shipments and witnessed a strong rebound in volumes in our International Express from the Q2 2020 lows. Despite the increase in costs and after accounting for provisions, Aramex remains in a very strong cash position thanks to prudent financial management. See full address and map. Contact Now! Domestic Express surged 19%, to AED 387 million, compared to AED 324 million in Q4 2019. ARAMEX . - Technology, Aramex, Chat Bot, Whatsapp, Logistics, Express Logistics We also managed to capture new opportunities from other industries, namely healthcare and pharmaceutical as well as retail and food and beverage. The service aims to provide an on-demand and customised customer interaction for shipment notifications, live location sharing, new delivery instructions and scheduling, offering last mile preferences and an upgrade to the company’s service level. If you are a representative of this company, you may contact us to update this company listing. Aramex Outlet in Dubai, Deira City Centre, UAE. ARAMEX is a free listed business in this directory. As a business, our strategic priorities will remain to execute on our digital transformation which will help us realize synergies and boost our profitability and to broaden our b2b business to diversify our revenue sources, enabling us to continue to grow through various market cycles. - Technology, Aramex, Chat Bot, Whatsapp, Logistics, Express Logistics The increase is predominately driven by growth in e-commerce from USA, Europe and Asia origins into the GCC. In core markets, e-commerce volumes skyrocketed 74% as more and more consumers relied on e-commerce to buy all types of goods – from essentials to non-essentials. Categories: Courier Services, Address: Ground Floor, Building # 13, HP Building, Sheikh Zayed Road, Dubai Internet City, DubaiLandmark: Next to Oracle Building, Dubai. This is why we are looking at ways to redesign our line haul network including chartering our own flights on certain routes. Telephone Number: 04-2865000 Fax Number: 04-2865050 E-mail: dubai@aramex.com Website: www.aramex.com Business Activity: Courier Services Company Profile: The company profile for ARAMEX is not available in our record.
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