Browsing: resilience

During the third quarter of 2023, Aramex maintained its performance, generating Group revenues of AED 1.35B. This marked a modest 5% year-on-year decline, primarily due to currency fluctuations, macroeconomic challenges, and subdued global retail activity in specific markets. quarter demonstrated the company’s resilience, evident through a commendable 4% year-on-year increase in gross profit and a robust EBITDA of AED 134M in Q3 2023.

The 9th World Government Summit (WGS) is particularly noteworthy as it brings together over 20…