Dubai courier Aramex reported a 15 percent rise in fourth-quarter net profit on Monday.

 

Aramex made profit of 65.7 million dirhams ($17.9 million) for the three months to December 31, up from 57.2 million dirhams in the prior-year period, it said in a statement.

 

Aramex chief executive Hussein Hachem said he was cautious for 2013 due to ongoing instability in the Middle East and North Africa as well as uncertainties in the global economy. - Reuters