Aramex board member resigns

Abu Dhabi: Aramex, the Dubai-listed logistics company, announced on Sunday that one of its board members, Charles Al Hage, has resigned from his position effective November 30, 2016.

In a statement posted to the Dubai Financial Market (DFM) website, Aramex said Al Hage resigned due to personal reasons, without disclosing further details on whether the company plans to nominate someone else to replace him on the board of directors.

Aramex’s share prices were up 0.24 per cent on Sunday to reach Dh4.1.