- Business
- Aramex PJSC (ARMX.AE) operates as a leading global provider of comprehensive logistics and transportation solutions; the company offers express delivery services including international and domestic courier, freight forwarding via air, sea, and land with full container load (FCL), less than container load (LCL), global cargo consolidation, customs clearance, door delivery, container stripping, break bulk, full customs brokerage, documentation services, real-time tracking systems, product insurance programs, and cross-dock management; supply chain management encompasses warehousing, distribution, inventory management, cool chain logistics for perishables such as cut flowers, fresh meat, dairy, and chocolates, third-party logistics (3PL), e-commerce platforms including cross-border solutions like MyUS, information and document management via InfoFort, visa services, publication distribution, and specialized project management; additional services feature insurance coverage against physical loss or damage, domestic express consolidation, co-loading, and integrated IT networks for communication and tracking. Aramex serves business and consumer markets across diverse industries with operations in over 70 countries and 600+ cities, including a leading trucking network in the GCC and 800,000 square meters of global warehousing; founded in 1982 in Amman, Jordan, by Fadi Ghandour and Bill Kingson, the company relocated headquarters to Dubai, United Arab Emirates, in 1985 and lists on the Dubai Financial Market since 2005 with approximately 18,000 employees. Majority ownership resides with Abu Dhabi Developmental Holding Company (ADQ) at 63.16% following the completion of a voluntary tender offer by its subsidiary Q Logistics Holding LLC in July 2025 at AED 3.00 per share, which secured 40.57% acceptances combined with AD Ports Group's 22.69% stake after receiving all regulatory approvals; recent financial performance shows logistics revenue growth of 16% year-over-year in Q3 2025 amid strong regional demand and capacity expansions, alongside express services restart in Syria in November 2025 post-civil war; prior developments include full acquisition of Access USA Shipping (MyUS) in 2022 for USD 265 million to bolster e-commerce, 100% foreign ownership limit raise to 100% in 2022, and historical expansions via acquisitions like Saudi Tal in 2019 and Fastway Couriers operations in 2016.