Aramex Is Unsure About Raising $200 Million on Credit Crisis

By Claudia Maedler

Jan. 11 (Bloomberg) -- Aramex PJSC, the Middle East’s biggest courier service company, said it is unsure about the ability to raise $200 million as it takes a “cautious approach” to acquisitions amid the global financial crisis.

Aramex is unable to make financial forecasts for 2009, the Dubai-based company said in a statement to the local bourse today.