IR-Center Handelsblatt

Aramex International LLC

News Detail

Press release News vom 16.08.2018

Aramex expands Saudi presence, signs strategic partnership with Al-Dawaa Medical Services Co.

Riyadh, KSA – August, 2018:

Aramex, the leading global provider of comprehensive logistics and transportation solutions, today announced that its Saudi division is entering into a strategic partnership with Al-Dawaa Medical Services Co. (DMSCO), the exclusive owner of Al-Dawaa Pharmacies.

The agreement will look to expand the logistics provider’s presence in the Saudi market, provide a new and unique service to the e-commerce sector, and extend additional services to Al-Dawaa Pharmacies’ clientele.

The first phase of the partnership will enable Aramex to launch service centers within 20 branches of Al-Dawaa Pharmacies distributed across the Kingdom. The second phase will see Aramex expand to hundreds of branches within the Al-Dawaa Pharmacies’ pharmaceutical network.

The collaboration is part of Aramex’s commitment to enhancing its accessibility and allowing customers to receive their shipments and parcels with ease. In addition, the agreement will allow customers to return e-commerce shipments by delivering them to service centers located across the pharmacy’s network. The arrangement will also serve Al-Dawaa Pharmacies’ strategy, which focuses on offering new and innovative solutions to its customers and partners.

Commenting on the partnership, Abdulaziz bin Abdullah Alnowaiser, General Manager at Aramex Saudi Arabia, said:

“We are delighted to be partnering with Al-Dawaa Pharmacies (DMSCO). Our collaboration reflects a commitment to expanding Aramex’s presence across the Kingdom of Saudi Arabia and enhancing the services we provide to customers and suppliers in the e-commerce market. The strategic nature of today’s collaboration mirrors Saudi Arabia’s tremendous economic transformation, whilst meeting our customers’ demand for a convenient and accessible service. We look forward to expanding our collaboration with a large section of Al-Dawaa Pharmacies’ network across the Kingdom in the near future.”

Hussam Baraqouni, Chief Executive Officer, Aramex, GCC, Levant, Turkey, Central Asia and Indian Sub-Continent, added:

“The Saudi market is a vital arena for Aramex. Over the past few years, we have successfully ingrained ourselves within the community and forged meaningful partnerships by providing reliable services. Today’s agreement is uniquely positioned to strengthen these efforts and to develop the domestic e-commerce sector in line with the Saudi government’s plans to strengthen its contribution to the national economy. Increasing Aramex’s accessibility across the Saudi market is a top priority for us as we look forward to developing and delivering innovative solutions that can enhance our customer service experience.”

Mohammad bin Saad Al Faraj, Executive Manager at DMSCO, said:

“We are proud that Al-Dawaa Pharmacies is in a position to constantly provide its customer and partner base with innovative solutions. Partnering with one of the world’s leading brands is crucial as we look to develop our customer service and experience. Our vision is to be the first destination for our customers’ diverse cosmetic, medical, personal care and healthy nutrition needs. The Kingdom is witnessing tremendous growth in the e-commerce sphere and we believe that our collaboration with Aramex will empower its development. By leveraging our network, the logistics sector is set to strengthen its contribution to the country’s economic development and growing e-commerce sector.”

With over 3,100 employees divided across 121 branches, Aramex is a leading express, mail delivery and logistics services provider to the Saudi market. The total area covered by Aramex facilities in Saudi Arabia is approximately 67,000 square meters. The company’s facilities are equipped with state-of-the-art technologies, sophisticated security systems and adhere to the highest sustainability standards. The company's range of services and products include express delivery, shipping, logistics, supply chain management, e-commerce, and records and information management.

Al-Dawaa Pharmacies continues to strive to meet the different requirements of its client-base by providing unique locations, high-quality products and services under one roof. Over the past two decades, the company has contributed significantly to the development of Saudi Arabia’s health care sector by following a policy of continuous growth and expansion. The company’s pharmacy network covers the central, eastern, western, northern and southern regions of the Kingdom.

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About Aramex:

Aramex (DFM: ARMX) is the disruptive leader in the global logistics and transportation industry. Established in 1982 as an express operator, the company rapidly evolved into a global brand recognized for its customized services and innovative multi-product offering. Traded on the NASDAQ from 1997 to 2002, Aramex today is a publicly traded company on the Dubai Financial Market, employing more than 18,000 people in 604 locations across 71 countries and leads a strong alliance network providing global presence, and bringing together 40 independent express companies from around the world. The range of services offered by Aramex includes integrated logistics solutions, international and domestic express delivery, freight forwarding, secure records and information management solutions, and e-services, including e-business solutions and Shop and Ship.

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