Business & Finance

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

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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