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Aramex

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Submitted By 64suny64
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History and Development
Aramex is a leading global provider of comprehensive logistics and transportation solutions founded by Fadi Ghandour. 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. In 1990, Co-founded with Airborne Express the Overseas Express Carriers (OEC), which was an alliance of independent global express companies that functioned as a worldwide delivery network for its members to compete with larger companies. In 1994 Aramex pioneered a revolutionary service concept becoming the first company to offer express, domestic, and freight forwarding services under one roof. In January 1997, Aramex became the first Arab-based international company to trade its shares on the NASDAQ stock exchange. After five years of successful trading, Aramex returned to private ownership in February 2002 and continued to expand and excel as a privately owned company, establishing global alliances and gaining stronger brand recognition. Aramex is a founding member and chairs the Global Distribution Alliance (GDA), which brings together over 40 leading express and logistics providers from around the world, each specializing in their own region and together covering the world with the same, unified quality standards and technology of Aramex. Today the network has more than 12,000 offices, 33,000 vehicles and 66,000 employees serving alliance customers and attending to their business around the clock in more than 240 countries. In June 2005 Aramex went public on the Dubai Financial Market (DFM) as Arab International Logistics (Aramex) with its shares traded under ARMX. In 2007, Aramex Celebrated 25 years of success and innovation, and became the first company in the region to launch a Corporate University and adopt Sustainability Reporting. And in 2011,

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