Aramex sees gains on revenues, but third quarter 2020 net profit down over higher provisions

Dubai: Ecommerce demand was again the fuel for Aramex’s 19 per cent gain in third quarter revenues to Dh1.5 billion, from Dh1.2 billion a year ago. In a big positive, higher margin international express freight services saw a “rebound”. But net profit took a hit, by 59 per cent, to Dh46.2 million in the July […]

Al Ghurair International Exchange: Commemorating 40 years of the Central Bank of the UAE

Please share a short brief on your brand’s association with the UAE Central Bank. Al Ghurair International Exchange has been regulated and licensed by the Central Bank of the UAE (CBUAE) since our founding in 1986. We are proud that under our enduring relationship, we have contributed to the fundamental vision of the CBUAE: promoting […]

L M Exchange proudly congratulates the Central Bank of the UAE on its 40th anniversary!

Please share a short brief on your brand’s association with the UAE Central Bank. Since the inception of the Central Bank of UAE (CBUAE) in 1980, LM Exchange (LM) has maintained a cordial and fruitful relationship with them, and has always supported them in fulfilling their mission and vision. We, as a responsible member of […]