Dubai – Mubasher: Aramex expanded its presence in Saudi Arabia after inauguring a new regional office in Riyadh, according to a press release.
This aligns with the company’s commitment to accelerating the transformation of Saudi Arabia's logistics sector under the Kingdom's Vision 2030 plan.
The opening comes within the framework of a joint initiative between the Ministry of Investment (MISA) and the Royal Commission for Riyadh City (RCRC).
Meanwhile, the new regional office will enhance Aramex's capabilities to serve new and existing businesses across the region, while reinforcing the Kingdom's logistics infrastructure and contributing to the Vision 2030 goal of establishing Saudi Arabia as a global logistics hub.
Othman Aljeda, CEO of Aramex, said: "We are delighted to inaugurate our brand new regional headquarters in Riyadh and lead a bold new chapter in supporting the dynamic transformation taking place across the logistics and infrastructure segment across Saudi Arabia.”
“These shining premises not only embody the spirit and ambition of Aramex in helping clients in Saudi Arabia and around the world make their businesses more agile, productive and efficient, but will also play a crucial role in unlocking fabulous new opportunities as businesses across the Kingdom soar to a new height, backed by the conducive business environment of the Kingdom," Aljeda continued.
Samer Marei, VP- Regional Headquarter at Aramex, commented: "Expanding our presence in Saudi Arabia with a new regional headquarters is an area of strategic focus for us as the logistics and transportation sector evolves rapidly around the region."
First launched in February 2021, the regional HQs in Saudi Arabia aim to attract multinational companies to set up their headquarters in the Kingdom.
This poisoned the Arab country as a leading commercial, industrial and investment hub for the MENA region, offering a range of benefits and premium support services.
In 2023, the DFM-listed company’s net profits attributable to the owners hit AED 129.29 million, down 22% year-on-year (YoY) from AED 165.37 million.
