Aramex - ARMX

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News

Aramex reports 17% growth in revenue in the third quarter of 2012
(Press Release - 24/10/2012)

Aramex (DFM: ARMX), the global logistics and transportation solutions provider, today announced its financial results for the third quarter of 2012, indicating continued strong performance with healthy growth in revenues and net profits. The company’s ...

Aramex Q2 net profit jumps 14%
(Khaleej Times - 26/07/2012)

Aramex on Wednesday said its second-quarter net profits climbed 14 per cent as its sales rose in the Gulf region and on acquisitions in Asia and Africa. The global logistics and transportation solutions provider also reported healthy growth in revenues ...

Aramex reports AED 125 million net profit for the 1st Half of 2012
(Gulfbase.com - 25/07/2012)

Aramex announced its financial results for the 1st Half of 2012, reported a net profit of AED 125 million, 18 percent growth compared with the same period last year. Total revenue for the first half of 2012 are AED 1.52 billion, an increase of 23 ...

Aramex hosts Injaz-UAE students for future job training
(AME Info - 08/07/2012)

Aramex, the global logistics and transportation solutions provider, hosted 18 Grade 12 students from Al Nahda National School for Boys, as part of JA Job Shadow program, organized by Injaz-UAE. The young students spent the day at Aramex Abu Dhabi for an ...

Aramex bounces back with profit of Dh61m
(The National - 25/04/2012)

It is only April, but already 2012 looks like being Aramex's year. Shares in the global logistics company closed up 1.11 per cent at Dh1.83 on the Dubai Financial Market (DFM) General Index on the news it had posted a Dh61 million first-quarter profit. ...

Aramex Q1 net profit rises 22pc
(Reuters - 24/04/2012)

Aramex, the Dubai-based logistics firm, posted a 22 percent rise in first-quarter net profit on Tuesday, driven by higher revenues from the Gulf and contribution from its recent South African acquisition. Aramex, a favourite of regional fund managers, ...

Aramex chief steps down after 26 years
(The National - 16/04/2012)

Fadi Ghandour, the founder of Aramex, is to step down as chief executive of the Dubai-listed logistics group after 26 years at the helm. "There is no better time than this 30th anniversary of Aramex, capping an astounding journey of challenges and ...

Aramex stronger than appearances suggest
(The National - 28/03/2012)

Less-than-exciting growth last year masks strong underlying operations at Aramex, and its share price is expected to get a boost after first-quarter results. Aramex, an international courier service listed in Dubai, is an interesting proposition. For ...

Aramex May Tap Debt Market as It Seeks to Fund Acquisitions
(Bloomberg - 26/03/2012)

Aramex PJSC (ARMX), which competes in the Middle East with Deutsche Post’s DHL and United Parcel Service Inc., may tap the debt market for the first time since 2005 as it seeks financing for acquisitions. “With our acquisitions last year our cash went ...

Aramex considers Asia moves
(The National - 15/03/2012)

Aramex, a logistics and transport solutions company based in Dubai, is considering opportunities for acquisitions and joint ventures across Asia after expanding into South Korea. It is part of a strategy to tap the region's strong economy and an increase ...

Corporate Announcements

Net profit announced for the 1st Quarter of the year 2013, AED 69.4 million, an increase of 14%. - 24/04/2013
10% cash dividend approved for the year 2012. - 04/03/2013
Net profit announced for the year 2012, AED 244.1 million, an increase of 15%. - 04/02/2013
Net profit announced for the 9 months ending on 30/9/2012, AED 178.4 million, an increase of 16%. - 23/10/2012
Net profit announced for the 1st Half of the year 2012, AED 125.00 million, an increase of 18%. - 25/07/2012

Transportation - News

Emirates sees 777X role beyond A350-1000
(Bloomberg - 18/05/2013)

Emirates chief executive officer Tim Clark said there isn’t much overlap between Boeing Co’s new 777X and the Airbus SAS A350-1000 long-range jet, allowing him to accommodate both models in his fleet. The 777X that Boeing has begun to market would be the ...

GCC investments in digital education programs rising
(Arab News - 18/05/2013)

Digital education programs being introduced to schools in Saudi Arabia, Qatar and the UAE will have a positive long-term effect on students, says the regional president of Pearson, the world’s leading education company. GCC governments’ expenditure on ...

Mozambique, UAE sign air transport pact
(Khaleej Times - 18/05/2013)

Mozambique and the UAE on Thursday in Dubai signed a bilateral accord covering air transport. The agreement will pave the way for airlines to launch services for the movement of passengers and cargo, and will serve as a basis for the growth of trade and ...

Bahrain needs to cut public debt urgently: IMF
(Reuters - 17/05/2013)

ch last year boosted state spending, urgently needs to reform its economy to stop its debt burden becoming unsustainable, the International Monetary Fund said. Bahrain upped its original 2012 expenditure plan by nearly 19 percent in September 2011 after ...

Emirates to operate Airbus A380 service to Brisbane
(Khaleej Times - 17/05/2013)

Emirates airlines announced on Thursday that the carrier will operate the Airbus A380 on the Dubai to Brisbane and Auckland route from October 1, 2013. Brisbane will become Emirates’ third Australian destination to welcome the airline’s flagship Airbus ...

Qatar Airways eyes Boeing 777X mini-jumbos
(Reuters - 16/05/2013)

Qatar Airways' top executive said the carrier wants to be a launch customer for Boeing's forthcoming 777X mini-jumbo jet, and that the airline plans to open at least three new routes to the US in the next 12 to 18 months. "We are very keen on the 777-8 ...

DFM Index Drops 0.60% in the Early Trade
(Gulfbase.com - 16/05/2013)

The DFM General Index following the typical falling trough peak combination dropped 0.60 percent during the first couple of hours trading on Thursday 16th May 2013. The index trimmed 13.67 points to reach at 2,272.93. The market breadth was stringly ...

UAE stock exchanges among world's top performers
(The National - 16/05/2013)

Stock markets in Dubai and Abu Dhabi are battling it out among the top three best-performing globally so far this year, as global investors descend upon the emirates. With new property developments selling out fast and tills ringing across the UAE's ...

ADX Index Declines in the Early Trade
(Gulfbase.com - 16/05/2013)

The ADX General Index wavering along the break even line declined slightly during the first couple of hours trading on Thursday 16th May 2013. The index trimming 10.99 points or 0.31 percent reached at 3,502.43. The market breadth was negative with ...

flydubai CEO: Saudi market has potential to add more capacity
(Saudi Gazette - 16/05/2013)

Dubai's innovative low cost airline is looking forward to expand its operations to more airports in the Kingdom, a top official said. "I believe that Saudi Arabia is one of the largest and leading aviation markets in the Middle East region, and there is ...

 
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