Tag: Emirates Post

Emirates Post to spend Dh1 billion on expansion drive

Posted by | Apr 4, 2007 | |

Emirates Post, which plans to spend Dh1 billion on an expansion drive within the next 18 months, has set into motion an ambitious programme to acquire 50 aircraft in five years to boost its soon-to-be-launched airfreight activities.

A spokesman of the postal company, quoting Abdullah Ebrahim Al Daboos, director-general, Emirates Post, said yesterday the first two aircraft — Airbus300, each with 44 tonne capacity — will be in operation shortly. As part of the expansion, the company will be adding one aircraft per month. In expanding its freighter division, Emirates Post, which has been pressing ahead with a diversification programme, is believed to follow the DHL, Fedex and UPS models. “The idea is not to rely on private carrier where capacity is usually unavailable because of heavy demand,” he said.

The spokesman, however, did not specify the type of the other aircraft Emirates Post would be adding to its fleet in the coming five years.

Also in the pipeline for UAE’s fast growing national postal company is an IPO proposal, which is awaiting individual sanction from all emirates. “The IPO will be finalised by the end of this month. What is yet to be decided is the IPO’s public-government ratio,” he said.

The spokesman said the air courier service is one of three new companies Emirates Post plans to introduce during 2007, the other two being a trucking company for the GCC and Middle East market and a money management and movement company. The holding group will be known as the Emirates Post Group following sanction of its IPO proposal.

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Emirates Post buys fleet for courier service

Posted by | Feb 28, 2007 | |

Emirates Post has commissioned two aircraft to begin an international courier service by mid-March, a top official said.

It is expanding into the air courier business and will begin operations next month, Abdullah Ebrahim Al Daboos, director-general of Emirates Post, told delegates at a logistics conference in Dubai yesterday.

The postal service, which is also planning an initial public offering, will procure a third plane in the next six months to complete its overall plan of a full fleet of planes in the next five years.

The director-general announced that it has assumed control of certain airport operations in the UAE but did not specify which airport the new courier service would fly from.

Air logistics is just one of three new companies Emirates Post plans to introduce in 2007.

Emirates Post plans to diversify its current remittances services by forming a “money management and movement” company slated for this year.

Emirates Post currently provides remittance services through its Wall Street Exchange Centre, but plans to open multiple offices in Asia and Europe with the new company to take advantage of the multi-billion dollar worldwide remittances industry. New offices are targeted for the Philippines, Thailand, Malaysia, and Singapore, Al Daboos said.

Emirates Post will also create a national trucking service to complement its other ground delivery operations.

The government service is in the process of forming a parent company called Emirates Post Group to oversee its rapidly expanding family of subsidiaries.

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Emirates Post declares record net profit of Dhs. 161 million for 2006

Posted by | Jan 24, 2007 | |

Announcing the financial results, H.E. Sultan Saeed Al Mansouri, Minister for Public Sector Development and Chairman of Emirates Post, said the net profit of Dhs. 161,346,897 reflected Emirates Post’s continuing pursuit of business diversification and excellence in delivery of services.

Mr. Al Daboos revealed that the postal network expanded by 4 per cent to 83 branches. Overall mail rose by 16 per cent, and the parcel segment increased by 15 per cent. The number of total services went up to 52, an increase of 18 per cent. There was a huge increase in the number of Government services provided at post offices. For example, the Ministry of Labour transactions rose by 108 per cent. Remittances rose by 95 per cent.

Commenting on expansion plans, Mr. Al Daboos said over Dhs. 270 million was allocated for new projects in 2007. The projects already nearing completion are a new purpose-built postal operations hub at Ramoul, a new post office building at Naif Road and the Al Mussafa Post Office in Abu Dhabi.

The projects being executed during 2007 include Al Satwa Post Office Building, Jebel Ali Post Office and a commercial building housing the Ajman Central Post Office.

Mr. Al Daboos also revealed that the plan for establishing the Emirates Post holding company was at an advanced stage.

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Empost launches new bulk shipment service in the middle of this month

Posted by | Jan 15, 2007 | |

As part of its ongoing expansion programme, Empost, the UAE’s national courier company, has announced the introduction of a new “Bulk Shipment Service” starting January 15, 2007. Empost is following its strategy in introducing new services to adapt with the fast moving world; the service will allow customers to deliver bulk shipments all over the UAE at the cost of AED 7 up to five kg package.

Sultan Al Midfa, CEO, Empost said: “Empost is happy to announce the new bulk shipment service. This latest offering forms part of Empost’s efforts to continuously provide new courier platforms, utilise new technologies and implement new processes to achieve its goal of offering innovative, efficient and world-class services to its widening base of resident and corporate clients.”

“As one of the leading courier service providers in the region, Empost is committed to meet the evolving business needs of UAE customers. Our new service caters to the growing demand for a speedy, reliable and cost-effective means of making bulk shipments and marks a significant addition to Empost’s expanding suite of value-added services,” he added.

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UPU philately workshop reviews new concepts

Posted by | Dec 19, 2006 | |

The need for involving the youth in philatelic activities and adopting new technology for producing stamps were among the topics highlighted at a four-day UPU workshop on philately hosted by Emirates Post at the Emirates Post Training &Development Centre.

The workshop, in which 19 countries from the Arab Permanent Postal Commission (APPC) took part, introduced the participants to new trends in philately. Experts from the UPU, La Poste, Tunisia Post and the Slovak Post were among those who made presentations.

At a concluding ceremony, Mr. Mohamed Bahlul, Director of Philately, Tunisia, said the first UPU level workshop on philately in the region threw light on a host of important philatelic issues and this will help regional philatelic organizations to raise their standards.

Mr. Louis Virgile, Cultural and Commercial Director, La Poste, France, who presented a paper on personalized stamps, said the participants showed good knowledge of philatelic topics and stressed that more such workshops need to be conducted in the Middle East and Africa region to boost philately.

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