Emirates Post and Deutsche Post yesterday signed a Memorandum of Understanding (MOU) to explore enhanced business cooperation between the two postal corporations, including expanded scope for the Emirates Post’s international mail transit hub located at Dubai International Airport.
Read MoreEmirates Post today announced a profit of Dhs 100 million for the year 2002, an increase of 11 per cent over the previous year, on revenues of Dhs. 243.7 million.
The results were announced at a press conference attended by Mr. Abdulla Ahmed Lootah, Undersecretary, Ministry of Communications and Mr. Abdulla Al Daboos, Director General of Emirates Post.
The corporation has projected a profit of Dhs. 110 million for the year 2003 and allocated Dhs. 78.4 million for developmental and expansion projects across the UAE.
Read MoreA proposal will be put to the board of directors next year to expand Emirates Post’s shareholder base, according to a top official.
“There is a definite move towards privatisation in the country. And Emirates Post now has the financial strength and the back up from its current owners to follow the same direction,” said Abdullah Ibrahim Al Daboos, director general.
Read MoreA high-ranking delegation from Germany’s Deutsche Post recently visited Emirates Post.
The German Delegation comprised Klaus Knappik, Chairman of the Management Board, Dr Gerhard Kompf, Managing Director, and Michael Culme Seymour, Regional Manager Asia Pacific.The delegates discussed with Emirates Post’s officials the possibility of exchanging expertise and the methods used to enhance the postal services standards.
They toured Al Ramool Automated Sorting Centre and the International Transit Hub in Dubai Airport and were acquainted with the special services Emirates Post is providing through its modern facilities.
Abdulla Al Daboos, Emirates Post Director General, said: “The interest expressed by Deutsche Post is very welcome and is an indication of the work that has been carried out to establish the Emirates Post facility.”
Al Daboos has a presentation on Emirates Post’s operational and organisational restructuring as well as the state-of-the-art products recently introduced in light of the corporation’s new identity, set of values, vision and mission.
Emirates Post officials recently met with representatives of international courier companies to discuss the new licensing system by which they can operate in the UAE.
Director-General Abdullah Al Daboos said the new system provides more facilities and privileges to investors to open courier service franchises here.He discussed queries raised by the representatives regarding the new system and noted Emirates Post will continue to support the courier service business for their smooth running.
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