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Aramex PJSC (ARMX)

Last update: 02:55 PM market time.
2.45
-0.01
-0.41%
Open 2.42
Previous Close 2.46
High 2.48
Low 2.42
Stock Statistics
Volume 6,601,093
Turnover 16,241,033.61
All data are 15 minutes late during market session

News

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11 March 12:11 PM Aramex bolsters regional business via HQ in Riyadh
Dubai – Mubasher: Aramex expanded its presence in Saudi Arabia after inauguring a new regional office in Riyadh, according to a press release. This aligns with the company’s commitment to accelerating the transformation of Saudi Arabia's logistics …
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11 February 04:37 PM Aramex’s 2023 revenues cross AED 5.6bn; profits hike 127% in Q4
Dubai – Mubasher: The net profits attributable to the shareholders of Aramex plunged by 22% to AED 129.29 million in 2023 from AED 165.37 million a year earlier. Revenues hit AED 5.69 billion in the January-December 2023 period, an annual decrease …
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10 January 12:16 PM Odys Aviation, Aramex to foster cargo operations in GCC
Dubai – Mubasher: Odys Aviation, a sustainable aviation firm building hybrid-electric vertical take-off and landing (VTOL) aircraft, has partnered with Aramex to develop cargo operations in the UAE and Oman. The two parties will create autonomous …
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9 November 2023 11:36 AM Aramex delivers solid performance in 9M-23 consolidated results
Dubai – Mubasher: Aramex generated net profits worth AED 51.36 million in the first nine months (9M) of 2023, an annual drop from AED 132.29 million. Basic and diluted earnings per share (EPS) from continuing operations retreated to AED 0.03 in …
Osama Abdulrahman, Business Development Manager at Aramex
4 September 2023 01:13 PM Aramex currently integrating automated delivery through robots – Interview at Seamless Saudi Arabia
Riyadh – Mubasher: The DFM-listed Aramex has been applying automation to its services, a step that positively affected the way it offers shipping services in Saudi Arabia. In an interview with Mubasher during Seamless Saudi Arabia 2023, Osama …
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10 August 2023 10:32 AM Aramex registers nearly AED 43m profits in H1-23
Dubai – Mubasher: The net profits of Aramex dropped by 53% year-on-year (YoY) to AED 42.86 million in the first half (H1) of 2023 from AED 91.87 million. The revenues amounted to AED 2.82 billion as of 30 June 2023, down 5% from AED 2.96 billion a …
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17 May 2023 11:24 AM AD Ports, Aramex bolster freight forwarding industry via new JV
UAE – Mubasher: AD Ports Group and Aramex have inked a joint venture (JV) agreement to establish and operate a new non-vessel operating common carrier (NVOCC) enterprise, according to a press release. The entity will provide NVOCC solutions to the …
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15 May 2023 04:04 PM Aramex’s profits shrink 49% in Q1-23 initial results
Dubai – Mubasher: Aramex logged net profits valued at AED 23.90 million in the first quarter (Q1) of 2023, an annual plunge of 49% from AED 47.30 million. The DFM-listed company posted a 1% decline in revenue to AED 1.43 billion in the first three …
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9 February 2023 09:04 PM Aramex posts AED 165m net profits in 2022; revenues decline 2%
Dubai – Mubasher: Aramex registered net profits of AED 165.37 million in 2022, a year-on-year (YoY) decrease of 27% from AED 225.54 million. The earnings per share (EPS) fell to AED 0.11 last year, compared with AED 0.15 in 2021, according to the …
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10 November 2022 05:18 PM Aramex’s net profits fall to AED 131.5m in 9M-22
Dubai – Mubasher: The net profits of Aramex amounted to AED 131.51 million in the first nine months (9M) of 2022, an annual plunge of 27% from AED 179.29 million. The DFM-listed firm generated revenues worth AED 4.39 billion in the …
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19 October 2022 05:47 PM UAE’s Aramex acquires e-commerce firm MyUS for $265m
Dubai - Mubasher: Aramex has completed the acquisition of US-based technology-driven and cross-border e-commerce enabling platform Access USA Shipping (MyUS) for nearly $265 million. The bargain marks the UAE-based firm’s largest acquisition to …
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11 August 2022 03:11 PM Aramex’s profit slides 18% in 6M
Dubai - Mubasher: Aramex’s profits for the first half (H1) of 2022 fell by 18% year-on-year (YoY) to AED 91.87 million, compared to AED 111.47 million. Revenues for the first six months (6M) of the year went down by 1% to reach AED 2.96 billion …
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2 June 2022 09:49 AM Aramex to acquire US cross-border e-commerce platform for $265m
Dubai - Mubasher: Aramex has signed a binding agreement to fully acquire Access USA Shipping (MyUS), a US-based technology-driven platform that enables cross-border e-commerce, in exchange for $265 million. Both companies will explore several …
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29 May 2022 09:33 AM Aramex increases foreign ownership limit to 100%
Dubai – Mubasher: Aramex has raised the foreign ownership limit to 100% from 49% to become the first onshore Emirati company listed on the Dubai Financial Market (DFM) to allow for full ownership by foreign investors. This decision was made after …
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15 March 2022 01:12 PM Aramex's board proposes 13% dividends for 2021
Dubai – Mubasher: The board of Aramex has recommended a cash dividend distribution, equivalent to 13% of the company's paid-up capital, for 2021. The cash dividend distribution is subject to the approval of the ordinary general meeting (OGM), …
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10 February 2022 10:14 AM Aramex's profits retreat 15% in 2021
Dubai – Mubasher: Aramex has recorded a 15% decline in net profits to AED 225.37 million in 2021, compared to AED 266.65 million in the previous year, according to the company's unaudited preliminary financials for the year ended 31 December 2021. …
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20 January 2022 11:03 AM Abu Dhabi Ports acquires 22% stake in Aramex
UAE - Mubasher: Abu Dhabi Ports Company has acquired a 22.32% stake in Aramex from Alpha Oryx Limited. The transaction does not have any impact on the financial position of Abu Dhabi Ports and Alpha Oryx, according to a recent bourse disclosure. …
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14 December 2021 03:54 PM Aramex, Virtuzone to provide regional e-commerce startup programme with solutions
Mubasher: Aramex has teamed up with Virtuzone to offer logistics and shipping solutions to the members of AMP, an e-commerce startup accelerator programme in the MENA region. Under the partnership, Aramex will provide AMP members with special …
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9 December 2021 06:05 PM Aramex suspends decision of acquiring Turkey’s MNG Kargo
Dubai – Mubasher: Aramex will not proceed with the acquisition of MNG Kargo Yurtiçi ve Yurtdışı Taşımacılık (MNG Kargo), upon the board’s final decision on 9 December, according to a bourse disclosure on Thursday. In a separate filing, Aramex …
The company reported a 14% rise in revenues
7 November 2021 10:41 AM Aramex sees 14% lower profits in 9M, higher revenues
Dubai – Mubasher: The net profits attributable to the equity holders of Aramex decreased by 14% to AED 179.29 million during the first nine months of 2021 from AED 208.003 million in the corresponding period of 2020, as shown by the company's …
Both entities seek to integrate innovation in humanitarian initiatives
19 October 2021 10:26 AM Aramex partners with International Humanitarian City to facilitate aid transportation
Dubai –  Mubasher: Aramex has partnered with International Humanitarian City in Dubai (IHC) to raise efficiency in delivering humanitarian services across the world. Under the agreement, Aramex will benefit from its global network to help IHC …
The initiative is in line with Aramex's sustainability strategy
10 October 2021 01:13 PM Aramex inks commitment with SBTi to cut carbon emissions by 2030
Dubai – Mubasher: Aramex has signed a commitment with the Science-Based Target initiative (SBTi) to cut its greenhouse gas emissions by 2030. The initiative is in line with Aramex's sustainability strategy to reduce its impact on the …
The facility will enable Aramex to expand its e-commerce fulfillment business
12 September 2021 03:02 PM Aramex selects Agility Logistics Park for largest logistics warehouse in Kuwait
Dubai – Mubasher: Aramex has selected the Agility Logistics Park (ALP) in Sulaibiya as the location for its new 16,000 square metre e-fulfilment centre, the largest logistics warehouse in Kuwait. Aramex’s new warehouse facility is located in …
The company is carrying out its initial evaluation
12 September 2021 09:55 AM Aramex confirms early discussions to acquire Turkey's MNG Kargo
Dubai – Mubasher: Aramex has confirmed the news referring that the company has entered into discussions for a potential acquisition of MNG Kargo, a Turkish delivery company. The company is carrying out its initial evaluation; hence, the …
Aramex is holding advanced talks to acquire a Turkish delivery company
9 September 2021 02:44 PM Aramex in advanced talks to buy Turkey's MNG Kargo
Dubai –  Mubasher: Aramex is holding advanced talks to acquire Turkish delivery company MNG Kargo in a deal that could be worth $500 million, three sources told Reuters. The potential acquisition comes as relations between the UAE and Turkey begin …