Aramex records Dh5.2b in 2019 revenues

Dubai: Online shopping and delivery is creating growth boosters for Aramex, which reported 2019 revenues of Dh5.2 billion and a 3 per cent increase on 2018’s Dh5.03 billion. Net profit gained only 1 per cent to Dh497.4 million. In the fourth quarter, Aramex registered a one-off impairment of Dh46 million from the divestment of Aramex […]

UAE logistical feat: Giant gas turbine moved by road to EGA Jebel Ali

Dubai: Emirates Global Aluminium on Saturday announced that a giant gas turbine, the biggest in the UAE, has been moved by road from DP World’s Jebel Ali port and installed at EGA’s Jebel Ali site in a carefully-planned overnight operation. The Siemens H-class gas turbine, weighing 457 tonnes and with a length of 13.5 metres, […]