Aramex Sees Massive 817% Profit Surge Driven by Logistics Expansion
Aramex has delivered a stellar financial performance for the third quarter of 2026, with net profits skyrocketing by 817% to reach Dh48 million. This dramatic year-on-year jump, up from just Dh5.2 million in the same period last year, was underpinned by record-breaking quarterly revenue of Dh1.98 billion—a 24% increase. The company’s freight forwarding division served as the primary engine for this success, benefiting from robust customer demand and a strategic, diversified approach to transportation that allowed the logistics firm to maintain seamless operations despite global market challenges.
Beyond the quarterly spike, Aramex’s nine-month performance highlights a broader trend of operational efficiency and financial recovery, with profits surging to Dh112 million. CEO Amadou Diallo attributed these gains to the company’s "Accelerate28" transformation strategy, which prioritizes disciplined execution and cost management. With a solid cash position and strengthened EBITDA margins, the UAE-based logistics provider continues to leverage its extensive international network across 70 countries to sustain long-term growth and solidify its standing in the competitive global supply chain market.