21 Hrs
Source:
الاقتصادية
Aramex posts record quarterly revenue
Aramex returned to profitability in the second quarter of 2026, recording its highest quarterly revenue in its history at 1.83 billion AED (approximately 498 million USD), a 22% increase year-on-year. Net profit for the period was 47.3 million AED (around 12.9 million USD), compared to a loss of 9 million AED in the same period last year, driven by the launch of new transportation services and an expansion of air and sea freight capacities, as well as the resilience of its network which helped it withstand supply chain disruptions and rising fuel costs. Additionally, revenue for the first half of the year rose by 12% to 3.43 billion AED, with net profits increasing to 64 million AED, supported by the "Accelerate 28" transformation program to improve efficiency and reduce costs, as the company continues to adapt to challenges resulting from geopolitical tensions in the Middle East.
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