[Engbon Power News] March 13 news, the Middle East express company Aramex announced recently that it has expanded again in Saudi Arabia to acquire Saudi TAL for US$80 million, but did not disclose any details about the size and business activities of Saudi TAL. .

The relevant person in charge of Aramex stressed that Saudi Arabia is the company's largest market in the Middle East and has great growth potential. The company acquired Saudi TAL to support Saudi Arabia's 2030 Vision, which aims to encourage private sector investment to achieve economic diversification. In addition, the acquisition is in line with the company's strategy to develop a leaner, more efficient business across all markets operated by the company, enabling the company to focus on upgrading the “last mile” delivery through innovative solutions to create better customers. Experience.

It is reported that Aramex has 221 stores in Saudi Arabia, with a total processing area of ​​67,000 square meters and a total of 3,100 employees.

In August 2018, Aramex entered into a strategic partnership with Al-Dawaa Medical Services, the exclusive owner of the Al-Dawaa Pharmacy, with a nationwide sales network. Middle East Express can set up service centers in 20 Al-Dawaa pharmacies, and the second phase of Middle East Express will also set up service centers in hundreds of Al-Dawaa pharmacies.

In February of this year, Aramex also launched the crowdsourcing solution Aramex Fleet in Saudi Arabia. Resolve the "last mile" delivery service through a crowdsourced sharing economy platform.