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Aramex board appoints new chief executive replacing Hussein Hachem

(The National - 21/11/2017)

The board of Aramex, the largest courier company in the Middle East, appointed Bashar Obeid as chief executive, replacing Hussein Hachem, who led the company for almost five years. "Mr. Obeid joined Aramex in 1993 and since then, has been playing a major

Air Arabia leases six new A321neo LR aircraft

(Trade Arabia - 13/11/2017)

Air Arabia, a leading low-cost carrier (LCC) in Mena, has signed a lease agreement for six Airbus A321neo Long Range aircraft with the Los Angeles based Air Lease Corporation (ALC). These additional aircraft will join Air Arabia's fleet starting 2019 and

Bahri announces its intention to sell part of its stake in Petredec

(Tadawul - 12/11/2017)

The National Shipping Company of Saudi Arabia (Bahri) announces the commencement of the process to sell part of its 30.3% stake in Petredec Limited, a company based in Bermuda specialized in transporting and trading liquefied petroleum gas. As part of

Aramex net profit grows 13%

(Gulfnews - 06/11/2017)

Aramex, a global logistics and transportation company, announced its financial results for the third quarter on Sunday. The company's net profits for the quarter increased by 13 per cent to Dh81.6 million, up from Dh72.2 million in the same period of

Dubai-listed Air Arabia reports 27% rise in profits

(Arab News - 06/11/2017)

The Dubai-listed Air Arabia on Sunday reported a 27 percent increase in third-quarter profit. The low-cost airline said it made a net profit of 376 million dirhams ($102.4 million) in the three months to Sept. 30, compared with 297 million dirhams the