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ASMO

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ASMO and J.P. Morgan Sign MoU to Develop Working Capital and Supply Chain Financing Solutions

ASMO, the joint venture between Saudi Aramco Development Company and DHL, signed a memorandum of understanding ( the “MoU”) with J.P. Morgan during the Supply Chain and Logistics Conference in Riyadh to explore working capital and supply chain financing solutions that enhance liquidity, improve access to capital, and strengthen end-to-end supply chain performance. The MoU
NEWS DESK

ASMO Launches Procurement Services and Begins Operations at Second Warehouse in Saudi Arabia

ASMO, a joint venture between Saudi Aramco Development Company and DHL, has commenced its procurement services for general supply materials, issuing its first purchase orders for Aramco in July, 2025, and launching warehousing operations at its second site in Saudi Arabia: the Jazan warehouse. These milestones are part of ASMO’s phased national rollout under its […]