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Aramex expresses optimism in Nigeria’s economy

Lagos, 17 November 2016 - Aramex, a leading global provider of comprehensive logistics and transportation solutions, has expressed unwavering confidence in the ability of the Nigerian economy to regain its place as Africa’s biggest and fastest growing economy despite the ongoing recession.


Speaking at a stakeholder’s event organised to re-launch Aramex in Nigeria, Hussein Hachem, Chief Executive Officer of Aramex, said:

Our decision to invest in the Nigerian economy, despite current challenges, is a demonstration of our support for the government’s efforts to stabilize the economy and make it once more attractive to global investors. We’re committed to offering solutions to help shape the logistics and transportation industry using technologies that will connect Nigeria with the rest of the world, ensuring safety of goods and prompt delivery. This is all part of our commitment to finding unique and innovative solutions that continually disrupt and transform the logistics and transportation industries, ultimately helping us maintain our market leadership.”


Since its foundation in 1982, Aramex has grown to become a world leader in comprehensive transportation and delivery solutions for businesses and consumers. Its global footprint is extensive and expanding rapidly, with business operations in over 552 major cities across 69 countries worldwide. Its core operations employ over 17,000 transportation professionals. Aramex also has alliances with over 40 leading international express and logistics providers, expanding its global network to more than 12,000 offices and 66,000 employees serving over 240 countries.


Managing Director of Aramex Nigeria, Faisal Jarmakani, said:

"Nigeria is a technologically advanced market with a growing economy and strong business environment. We are pleased to be operating within this space, collaborating and supporting the growing e-commerce and FinTech industries, with the support of NIPOST and other players. We will continue to leverage technology and innovative solutions to accelerate the growth of our business and enhance customer satisfaction.”


Faisal Jarmakani announced that Aramex will also scale up the latest innovations being piloted in other operating environments in the Nigerian market, as it remains a priority to provide the best service to clients.


The Aramex re-launch event in Nigeria, which was attended by key stakeholders and influential members of the Nigerian public, highlighted Aramex’s global vision and advancements being made through its operations in the country and throughout the world. The re-launch showcased the huge potential the market offers for small and medium-sized enterprises, micro businesses, start-ups, and innovators by highlighting unique growth prospects of the country and encouraging businesses to continue to show optimism in the ability of the economy to bounce back.


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About Aramex:

Aramex (DFM: ARMX) is a leading global provider of comprehensive logistics and transportation solutions. Established in 1982 as an express operator, the company rapidly evolved into a global brand recognized for its customized services and innovative multi-product offering. Traded on the NASDAQ from 1997 to 2002, Aramex today is a publicly traded company on the Dubai Financial Market, employing more than 17,000 people in 552 locations across 69 countries and leads a strong alliance network providing global presence, and bringing together 40 independent express companies from around the world. The range of services offered by Aramex includes integrated logistics solutions, international and domestic express delivery, freight forwarding, secure records and information management solutions, and e-services, including e-business solutions and Shop and Ship.


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Aramex International LLC

Mohammad Al Qassem

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