Aramex Participate in DFM’s NYC Roadshow

Published November 22nd, 2007 - 12:30 GMT
Al Bawaba
Al Bawaba

Aramex (DFM: ARMX), one of the world’s leading transportation solutions providers, sent a senior delegation to an international investor conference that took place in New York City last week.

The successful event, which ran from 13 November to 15 November, was hosted by the Dubai Financial Market and co-sponsored by Goldman Sachs, Morgan Stanley, and Bank of New York Mellon.

The meeting presented DFM-listed companies with the opportunity to meet US-based fund managers who were interested in investing in their companies.

“As an industry leader that enjoys one of the highest proportions of foreign investors on the DFM, Aramex has always been open to international investment,” said Osama Fattaleh, Chief Operating Officer of Aramex.

“It is therefore important for us to meet with potential and existing investors abroad on a regular basis in order to keep them informed of our aggressive development,” he added.

Aramex reported an increase in net profits for the first nine months of 2007 by 31% to AED 89.4 million.

Aramex (PJSC) listed on the Dubai Financial Market (DFM: ARMX) - is the leading provider of total transportation solutions, offering express delivery, freight forwarding and logistics solutions. Founded 25 years ago, Aramex employs more than 6,500 people in 304 offices in 192 major cities and has a strong global alliance network offering worldwide presence.