Deal to enhance logistics and courier services in Iraq
Aramex recently announced a new joint venture with ZK Holding, a leading investment company operating in Abu Dhabi.
The partnership will provide fully integrated services, including domestic and international courier, freight forwarding, and contract logistics, aimed at supporting both local and international businesses in Iraq.
Through this joint venture, Aramex will significantly expand its existing footprint in the country by tapping into ZK Holding’s extensive reach, including access to over 7,000 points of sales across Iraq, enabling widespread pick-up and drop-off services. This network will help facilitate smoother logistics operations in more than 15 cities across the country.
Operations are expected to commence in the first quarter of 2025, with the partnership aiming to serve corporate and retail customers in Iraq. The joint venture will play a key role in unlocking new trade lanes, facilitating trade and enabling businesses to access new markets.
Seamless trading solutions
“We look forward to working together with ZK to provide seamless trading solutions that benefit businesses and consumers alike in the region and beyond,” remarked Othman Aljeda, CEO, Aramex.
“Through the sister companies of ZK Holding, we will provide integrated logistics solutions and support operations in Iraq and facilitate cross-border trade by utilizing all capabilities in the financial, industrial and logistics sectors,” commented Dr. Zead Khalaf, Chairman of the Board Directors and Chairman, ‘ZK Holding Group.
Combining Aramex’s expertise and global network with ZK Holding’s strong local presence, the partnership will create a robust logistics ecosystem designed to unlock Iraq’s market potential and contribute to its economic development.
