Logistic Other
Dubai’s Aramex suffers profit drop of 85%
Aramex, the Dubai courier company, reported net earnings fell sharply in 2025 due to lower contributions from the higher-margin international express service and continued inflationary pressures.
The company said net profit was AED85 million ($23 million), down 85 percent from AED142 million the year before.
Revenue was up 1 percent to AED6.4 billion, supported by strong growth in the GCC and Menat regions.
Aramex’s revenue remained stable in the fourth quarter at AED1.7 billion, but net profit fell 89 percent compared to the same period in 2024.
The company’s board approved the appointment of Amadou Diallo as group CEO in November, effective from May 1, 2026.
Q Logistics Holding owns 40.47 percent of Aramex, while Abu Dhabi Ports Company holds 22.69 percent, according to the Dubai Financial Market website.
The stock closed 0.5 percent higher at AED2.17 on Tuesday, down 22 percent in the year to date.