Joint Venture to Enhance Logistics and Shipping Services in Iraq

Aramex, the global provider of comprehensive transportation and logistics solutions, announced today, Thursday, the launch of a joint venture in collaboration with the Ziad Khalaf Group, based in Abu Dhabi, to provide a comprehensive range of services aimed at supporting both local and international businesses in Iraq.

A press release stated that "Aramex, the leading global provider of transportation and comprehensive logistics solutions, has announced the launch of a joint venture with Ziad Khalaf Group, headquartered in Abu Dhabi, to provide a comprehensive range of services that will support both local and international businesses in Iraq. These services include fast local and international shipping, as well as contractual logistics services.

The partnership was signed in the presence of Mohamed Jumaa Al Shamsi, Chairman of Aramex, and CEO of Abu Dhabi Ports Group, and Ziad Khalaf, Chairman of the International Development Bank and Chairman of Ziad Khalaf Group. The signing ceremony took place at Aramex’s headquarters and was attended by executives from both parties.

The release added, "The joint venture will support Aramex's efforts to strengthen its presence in Iraq and expand its pickup and delivery services by leveraging Ziad Khalaf Group's extensive presence in the local market and its access to over 7,000 points of sale across the country. This network will facilitate logistical operations and enhance their efficiency in more than 15 cities across Iraq."

According to the statement, the partnership aims to "serve customers in Iraq, both businesses and individuals alike. This project will play a pivotal role in benefiting from new trade routes, facilitating trade exchange, and assisting businesses in entering new markets."

Othman Al Jada, CEO of Aramex, stated in the press release: "We are pleased to collaborate with Ziad Khalaf Group to enhance our presence in the Iraqi market, which is rich in potential and promise. This partnership will help us grow our portfolio of solutions and products, thus contributing to increased trade exchange and promoting economic growth in Iraq and the region. We look forward to working with Ziad Khalaf Group to provide practical business solutions that benefit both companies and consumers in the region and beyond.

For his part, Ziad Khalaf, Chairman of the International Development Bank and Chairman of Ziad Khalaf Group in Abu Dhabi, emphasized, "We are proud of this strategic collaboration and joint venture with Aramex, which reflects the ambition of Ziad Khalaf Group to expand regionally and its key role in driving growth through entering new markets. Through our sister companies within Ziad Khalaf Group, we will provide integrated logistics solutions and support operations in Iraq, as well as facilitate cross-border trade by leveraging all our capabilities in the financial, industrial, and logistics sectors."

Khalaf further explained, "It is our responsibility, based on our presence in both Iraq and the United Arab Emirates, to enhance trade between the two countries, share successful experiences, and support the economy, trade development, and increasing trade exchange while encouraging investment flows and joint cooperation between our two brotherly countries." He added, "The UAE economy is built on a strong foundation and a diverse base, positioning it to achieve even more success regionally and globally.

He concluded, Aramex has a distinguished track record and a vast network, and partnering with them is an important step for us to expand our regional presence and diversify our business portfolio,We  are confident that this collaboration will help us achieve our mutual goals and deliver exceptional services to our clients, both now and in the future, according to the highest global standards."