DHL eCommerce has entered the Saudi Arabian market by acquiring a minority stake in AJEX Logistics Services, marking a significant milestone in its Middle East expansion.

The move aligns with Saudi Vision 2030, which promotes economic diversification and business growth across the kingdom.

This investment demonstrates DHL's commitment to the region and supports AJEX's regional growth, with AJEX now branded as 'AJEX, a partner of DHL eCommerce.'

Founded in 1969, DHL leverages its global reach and expertise to enhance supply chain efficiency in the Middle East through this partnership.

DHL's EUR 500 million investment in Saudi Arabia is part of its Strategy 2030 'Accelerate Sustainable Growth' initiative, aiming to provide reliable and sustainable parcel solutions.

It will also help develop a diversified logistics sector in Saudi Arabia, capitalizing on the country's double-digit e-commerce growth, which is a key part of Vision 2030.

Ajlan Mohamed Al Ajlan, MD of Ajlan & Bros Holding, emphasized that the partnership aims to power regional e-commerce growth.

The partnership is expected to support the booming e-commerce industry in Saudi Arabia and the broader Middle East, facilitating sector growth and industry development.

AJEX, backed by Ajlan & Bros Holding, operates over 60 facilities, 1,200 vehicles, and employs around 2,000 staff, with DHL's expertise supporting this rapid expansion.

Following the deal, DHL will have representation on AJEX's management board, with the potential to increase its stake to a majority in the future.

The partnership underscores both companies' commitment to boosting regional e-commerce and supply chain capabilities, with DHL's investment reflecting the strategic importance of the Middle East.