Reuters exclusively reports Dubai’s Aramex considers buying Turkish delivery firm as UAE-Turkey relations improves

Last Updated on 18/09/2021 by

Business & Finance

Reuters exclusively reported that Dubai-listed courier Aramex, partly owned by Abu Dhabi state investor ADQ, is in talks to buy Turkish delivery company MNG Kargo. The potential deal – which Aramex confirmed in a stock exchange filing after the Reuters story was published – comes as bitter regional rivals United Arab Emirates and Turkey aim to strengthen economic ties to overcome disputes that have drawn a faultline in the Middle East.  

Article Tags

Topics of Interest: Business & Finance

Type: Reuters Best

Sectors: Equities

Regions: Middle East

Countries: TurkeyUAE

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Important Regional Story

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