Tag: Emirates Post

RFID project likely to improve post services

The Radio Frequencies Identification (RFID) project, initiated by Q-Post along with other postal corps of the region is expected to improve the quality of services in the whole region, according to Yusuf Nasser al-Muzafer, director of administrative affairs at Q-Post.

Al Muzafer was addressing a meeting of the project group held at the GPO on Monday. The RFID, said to be the first of its kind in the region is an innovative postal project being implemented by Q-Post in association with Emirates Post and Saudi Arabian Postal Corp.

The project started on March 3, would be completed on June 7 and it aims to test the quality of service control through Radio Frequencies Identification. It will help Arab postal corps in using the global monitoring system to track mail via satellite, Qatar is the first Arab nation to participate as an observer in the UPU Quality Service Steering Committee and Q-Post official Catina Aghayan has been made a member of the committee.

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Saudi Post and Emirates Post discuss new ventures

A high-level delegation from Saudi Post visited Emirates Post and discussed areas for increased co-operation and new business ventures.

The delegation led by Dr Mohammed Saleh Benten, Saudi Post chairman, met Emirates Post president Abdulla Al Daboo and signed an agreement to launch a new project for cargo movement by road between Saudi Arabia and the UAE.

The duo also held talks on various topics including a proposal to open a Saudi unit of electronic document centre (EDC) to handle mail fulfillment jobs and card personalisation.

They also discussed machinery and other equipment required for the implementation of the project.

The duo also discussed the marketing plan to implement new plans and increase co-operation in financial services, including money transfer and remittances through Wall Street Exchange.

Both sides expressed satisfaction over the plan for enhanced financial services. They also discussed a plan to offer the expertise of Emirates Marketing & Promotions (EMP) to Saudi Post.

Fahad Al Hosani, vice president, Emirates Post Group, Ibrahim Karam, CEO of Emirates Post, and Abdullah Al Fan, CEO of strategy & planning affairs, EPG, and CEO of EPG subsidiaries attended the meeting.

Emirates Post felicitated Dr Benten at a special function on being named ‘Best Chief Executive in the Middle East’ by the Middle East Institute for Excellence in Dubai last month

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Emirates Post Group to develop Ajman property

Emirates Post Group has forayed into property development in Ajman by entering into an agreement with Ajman Sports and Cultural Club to develop malls and commercial buildings in Ajman on land owned by the Club.

According to the agreement, Emirates Post Group will build malls and commercial buildings in three locations, with the Ajman Sports and Cultural Club receiving a fixed percentage of the revenues annually for a 20-year period. At the end of this period, there is an option to either extend the contract or hand over the properties to the Club.

In addition, Emirates Post Group will offer space to Ajman Sports and Cultural Club to open supermarkets which will be run by the proposed Ajman Cooperative Society. The rest of the space will be used by Emirates Post Group to offer postal and non postal services, for activities of subsidiaries companies and for renting to outside companies.

Abdullah Al Fan, CEO of Strategy and Planning Affairs, EPG, commented, “The Emirates Post Group is guided by the strategic goal of increasing revenues through innovation and global best practices, as a way of contributing to the national economy. The strategy will come to fruition within the next few years. Our partnership with Ajman Sports and Cultural Club is just one example of our ambitious business model.”

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Middle Eastern postal market poised for growth

Postal operations in the Middle East have the potential to generate significant value, but they have limited time before regulatory liberalization and the spread of Internet commerce start to erode their competitive position, according to a new white paper.

• Middle Eastern postal companies today are like their European counterparts during the 1990s in facing abundant growth opportunities.

• The sector has begun to liberalize, slowly opening opportunities for new entrants.

• Immigrants in GCC countries are demanding value-added services.

• Low computer and Internet usage in GCC countries gives postal companies an additional advantage.

Middle Eastern postal companies can take advantage of several trends that Oliver Wyman expects to feed expansion and cross-selling opportunities in the region:

• Large existing post office networks and strong, recognized brands, such as UAE Post

• Large local populations and growing immigrant populations, which require basic services usually available at the local post office

• Regulated markets, which allow Middle Eastern postal companies to set barriers to entry much higher for new entrants as deregulation occurs. Bahrain already has a fully liberalized postal market and Egypt has committed to liberalization by 2009.

• Low penetration of PCs and the Internet at present, heavy reliance on cash transactions, and skepticism about online security

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