Economy Local February 18, 2025

Kue Logistics Seeks Major Stake in Aramex

A document reveals that Kue Logistics may aim to acquire 90% of Aramex's shares, alongside the currently owned shares by Abu Dhabi Ports.


Kue Logistics Seeks Major Stake in Aramex

The company "Ky Logistics" announced plans to acquire up to 90% of the shares of "Aramex", while the shares are held by a company that currently owns the Abu Dhabi ports. The company's announcement refers to its strategic intentions in relation to the largest logistics operator in the Mena region, which has caused a wide resonance in the background markets. "We are confident that our proposal will be beneficial for all parties," noted a representative of "Ky Logistics". The company plans to actively promote its integration strategy after the completion of the acquisition.