Aramex sees profit jump 13% in 2018

Dubai: Aramex, the Dubai-based logistics firm, said on Tuesday that its net profit and revenue for 2018 had increased, despite a drop in profit in the fourth quarter. The company, which is majority owned by Dubai-based businessman Mohammad Alabbar and Australia Post, posted a full year net profit of Dh492 million for last year, an […]

DP World volumes rise 1.9% in 2018

Dubai: DP World reported on Tuesday a 1.9 per cent year-on-year increase in container volumes it handled globally in 2018, which reached 71.4 million TEU (twenty-foot equivalent units). This was even as volumes in the UAE alone softened, falling by 2.7 per cent over 2017 to reach 15 million TEU amid what the company described […]