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Aramex appoints Othman Aljeda as new CEO DUBAI, 6 hours, 34 minutes ago Aramex, a leading global provider of logistics solutions, has appointed Othman Aljeda as Chief Executive Officer (CEO)of the Company, replacing Bashar Obeid who submitted his resignation to the Board on April29 Obeid will work closely with Aljeda to support a smooth transition of responsibilities, an Aramex statement said. Aljeda joined Aramex 1994, and over the last two decades, he has stepped up in several leadership roles to strengthen the Company’s business in the GCC, Asia, and North America & Europe. From 2007...

DUBAI: Aramex failed to turn a surge in demand from e-commerce into profits as pandemic-related capacity constraints squeezed margins in the first quarter. Q1 net profit fell 32 percent to 46 million dirhams ($12.5 million) even as revenues jumped 24 percent to 1.42 billion dirhams, the Dubai-based logistics company said in a filing to the Dubai Financial Market. The increase in revenue was driven by a 35 percent gain in its International Express business to 647 million dirhams as cross-border e-commerce in the US, UK, Hong Kong and other Asian markets gathered pace. Its domestic express busi...

Aljeda replaces Bashar Obeid who submitted his resignation to the board on April 29 by Zainab Mansoor May 6, 2021 Dubai-based logistics group Aramex has appointed Othman Aljeda as its CEO, it announced on May 6. Aljeda replaces Bashar Obeid who submitted his resignation to the board on April 29. Bashar will work closely with Othman to support a smooth transition of responsibilities. Having joined Aramex in 1994, Aljeda has stepped up in several leadership roles to strengthen the company’s business in the GCC, Asia, North America and Europe, a statement said. From 2007 to 2017...

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Company board to discuss appointment of a new chief executive to replace Mr Obeid who resigned for 'personal reasons'