Published on: April 16, 2024
Table of Content |
How to start investing in Dubai's Aramex? |
Key facts about Aramex |
Investing in Dubai’s Aramex: How to start? |
How to Start Investing in Dubai’s Aramex |
amana's tip of the day: Researching Aramex before you start |
Trading Aramex on amana |
In the bustling landscape of Dubai's investment opportunities, Aramex is a company that often catches the eye of seasoned investors and newcomers alike.
This logistics giant, which originally started its operations in Jordan, has made significant strides in both the regional and the global market, prompting many traders and investors to consider it a viable addition to their investment portfolios.
So, if you're wondering how to kickstart your journey of investing in Dubai's Aramex (Aramex is listed on the Dubai Financial Market DFM) this guide will help you navigate the initial steps and understand why this investment avenue is worth exploring.
Headquartered in the UAE, Aramex proudly operates more than 600 offices across 65 countries, delivering premier logistics and transportation services.
Established in 1982, Aramex has risen to become the 9th largest logistics company in the MENA region according to Forbes, cementing its position as a leading courier service in the Middle East.
In just the first half of 2021, the company reported impressive revenues of $815.4 million, alongside a profit of $31 million.
Founded by entrepreneur Fadi Ghandour, Aramex underwent a significant change in ownership when Alpha Oryx Limited, associated with the Abu Dhabi Developmental Holding Company, acquired a 22.2% stake in September 2020, becoming its largest shareholder.
On February 2024, Aramex announced impressive financial results for Q4 2023, with a notable 127% increase in net profit, reaching AED 76.7m ($20.9 million). The growth was attributed to record quarterly volumes in its international express unit and strong performance in the GCC and wider Menat markets.
Despite market challenges and currency fluctuations, Aramex achieved a 33% year-on-year increase in EBITDA for the same period, reaching AED 197.4 million, driven by cost management and operational efficiencies.
And as of April 4, 2024, Aramex PJSC (ARMX.AE) was trading at AED 2.45 according to TradingView, with a Market Capitalization of AED 3.63 billion and revenues of AED 5.69 billion.
Description automatically generated with medium confidence">
All-time price chart of Aramex
Aramex dividends are paid annually. The last dividend per share was 0.10 AED. As April 4, 2024, Dividend Yield (TTM)% is 3.86%.
Investing in Dubai's Aramex offers a compelling opportunity for a multitude of reasons.
Aramex has secured its position as a leader in the logistics sector, boasting a robust presence not only within Dubai but across significant international markets as well. This leadership is synonymous with stable revenue flows and the potential for expansion as global commerce continues to grow.
Furthermore, Aramex's innovative logistics solutions, commitment to integrating technology, and dedication to sustainability practices position it as an appealing option for long-term investment.
Investing in Aramex presents an opportunity to be part of a dynamic company's growth, pivotal to the global economy's infrastructure.
For those drawn to the potential of diversifying their portfolios and engaging with the logistics and transportation sector, investing in Dubai's Aramex is an attractive proposition.
The initial step involves opening a brokerage account with a reputable provider, such as amana, enabling you to purchase shares of Aramex.
After setting up your account, delve into research on Aramex’s stock performance, financial standings, competitive edge in the market, and prospects for growth.
Prior to committing to an investment, it's crucial to assess your investment objectives, risk tolerance, and the timeframe you're considering, ensuring a well-informed decision-making process.
Read more: 10 reasons to download the amana app
Before investing in Dubai-listed Aramex, it's crucial to conduct thorough research to understand the company's fundamentals and evaluate its investment potential.
amana's tip of the day is to leverage available resources such as financial reports, analyst recommendations, industry news, and market analyses.
Pay attention to key metrics like revenue growth, profitability, debt levels, competitive positioning, and management effectiveness.
Additionally, macroeconomic factors, regulatory environment, and geopolitical risks that may impact Aramex's operations and stock performance should be considered.
By conducting comprehensive research, investors can confidently make informed decisions and navigate the stock market.
Investing in Dubai's Aramex presents a rewarding opportunity for investors seeking exposure to a dynamic and rapidly evolving industry.
Thankfully, you can trade Aramex with confidence and ease on amana's platforms.
Need to hear more? Here’s a list of reasons why you should choose amana to trade Aramex shares:
amana offers a user-friendly trading platform with advanced tools and resources for efficiently trading Aramex shares. You can trade on amana app, amanaWeb, and MT4/MT5 platforms.
amana provides competitive pricing and transparent fee structures, ensuring the cost-effective trading of Aramex stocks. In fact, you can trade Aramex at zero cost, as with all the other MENA stocks available on amana.
amana's reliable and secure platform ensures a safe trading environment for investors interested in Aramex.
amana offers access to real-time market data and analysis and even investing courses from Real Vision, empowering investors to make informed decisions when trading Aramex on their platform.
amana provides excellent customer support and assistance, guiding investors through trading Aramex shares seamlessly.
With amana, trading Aramex becomes a seamless and rewarding experience, empowering you to take charge of your investment journey. Try it today!