Aramex, a global logistics and transportation solutions company, has announced solid results for the first half with its group revenues surging 22% to AED1.83 billion ($498 million) while its net profit grew nearly two-fold helped by strong growth in its freight forwarding business.
DP World is expanding its investment in Kenya through the development of a special economic zone in Mombosa that will strengthen the country’s position as a regional trade and logistics gateway and address the demand for modern industrial and logistics infrastructure in East Africa.
DP World has acquired 700 trucks to expand its road freight network in the GCC, providing customers greater certainty, reliability and efficiency when moving cargo across the region.
UAE-based port operator Gulftainer has unveiled its bold new strategy to expand beyond terminal operations into an integrated trade infrastructure company by combining ports, shipping, inland logistics and digital supply chain services across key trade corridors.
Bahri Logistics, a business unit of Saudi Arabia’s leading shipping, maritime transportation and logistics company Bahri, has signed a newbuild agreement with Grandweld Shipyard for the construction of two advanced offshore service vessels in bid to further boost its offshore capabilities.
Saudia Cargo, the leading national air cargo carrier in the Kingdom of Saudi Arabia, has announced the expansion of its dedicated fleet with four Boeing 777-200 freighters.
Quiqup, a UAE-based e-commerce logistics provider, has launched its eco-friendly deliveries initiative, a year-long programme designed to connect local last-mile deliveries with verified carbon removal, while supporting both climate projects and mangrove restoration efforts in UAE.
Saudia Cargo has announced that it has expanded its global network with the official launch of a new scheduled route linking Riyadh and Melbourne city, strengthening trade and logistics ties between the Kingdom of Saudi Arabia and Australia through a direct air cargo connection.
Dubai South Properties has entered into a strategic partnership with leading regional bank Emirates NBD to offer tailored off-plan mortgage solutions to its customers looking to buy freehold real estate projects within the mega urban master development Dubai South.
Geodis, a leader in transport and logistics, said it has achieved the IATA Center of Excellence for Independent Validators (CEIV) Pharma certification for its site located in the south Indian city of Hyderabad, thus reinforcing its commitment to delivering top-class healthcare logistics solutions.
