Aramco and DHL Supply Chain announce new end-to-end Procurement and Logistics Hub joint venture - Seite 2

Oscar de Bok, DHL Supply Chain CEO, said: "We are extremely excited to announce the signing of this agreement with Aramco. Through it, DHL intends to foster its business operations and logistics networks throughout Saudi Arabia and the MENA region while expanding our industrial footprint. By working in partnership with Aramco, we aim to provide regional and multinational businesses from these sectors access to a robust international logistics network, fostering positive economic growth while promoting sustainable activities."

Through state-of-the-art technologies, the joint venture is expected to allow businesses to reduce costs, maximize efficiency and harness digitalization. It represents the culmination of several years of cooperation between the two companies, and aims to transform inventory and logistics management, expand business, create jobs and enable economic diversification in Saudi Arabia and the MENA region.

The formation of the joint venture is subject to regulatory approvals and other customary closing conditions.

 

About Aramco

Aramco is a global integrated energy and chemicals company. We are driven by the core belief that energy is opportunity. From producing approximately one in every eight barrels of the world's oil supply to developing new energy technologies, our global team is dedicated to creating impact in all that we do. We focus on making our resources more dependable, more sustainable and more useful. This helps promote stability and long-term growth around the world. www.aramco.com

Aramco

 

About DHL

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 395,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as "The logistics company for the world".