June 01, 2022 Aramex to Acquire Global Cross-border e-Commerce Enabler Platform, MyUS Aramex PJSC (“Aramex”) (DFM: ARMX), a leading global provider of comprehensive logistics and transportation solutions, announced today that it is has entered into a binding agreement to fully acquire Access USA Shipping LLC (“MyUS”), a global technology-driven platform that enables cross-border e-Commerce, for a cash purchase price of USD $265 million, subject to customary adjustments.
May 27, 2022 Aramex Officially Increases Foreign Ownership Limit to 100% Aramex PJSC (“Aramex”) (DFM: ARMX), a leading global provider of comprehensive logistics and transportation solutions, announces that it has obtained the necessary approvals from the Securities and Commodities Authority (SCA) and all other relevant regulatory authorities to officially increase the Foreign Ownership Limit (FOL) to 100% from 49%, making it the first onshore UAE company listed on the Dubai Financial Market (DFM) to allow for full ownership of its free-floating shares by foreign investors.
May 12, 2022 Aramex Q1 Net Profit Increases 3% YoY to AED 47 million Aramex (DFM: ARMX) a leading global provider of comprehensive logistics and transportation solutions, today announced its financial results for the first quarter (“Q1”) ended 31st March 2022.
May 10, 2022 Aramex expands its presence in Morocco Aramex, a leading global provider of comprehensive logistics and transportation solutions, announces the opening of a new branch in Laâyoune area, further growing the Company’s footprint in Morocco. The expansion is in line with Aramex’s plans to further expand its presence and branch network in the Kingdom to address the increasing demand from B2B and B2C customers for faster and more reliable delivery solutions.