Egypt Post prepares for a competitive market
Sarah Aboukhatwa, International Relations, Egypt Post
World Mail Review May 2007
Tag: Middle East
DHL UAE appointment
Logistics outfit DHL has appointed Ben Gordon as its new Express Logistics Operations and Implementations Manager for the UAE. Gordon will be responsible for managing DHL Express Logistics Centres in the free zones of Dubai International Airport and Jebel Ali, as well as two strategic part centres in Abu Dhabi and Al Quoz.
Read MoreEmirates Post – Building up an own freighter fleet
Emirates Post – Building up an own freighter fleet
Read MoreGlobal Shipping & Logistics signs deal with DHL-Danzas and Master Foods
Global Shipping & Logistics (GSL), a young logistics service provider and subsidiary of Al Shirawi Group, is expecting a significant increase in its business operation following an agreement with DHL-Danzas and Master Foods.
Khalid Al Shirawi, executive director of GSL, said the company would host, manage and provide a specialised support to DHL Danzas, an innovative global freight forwarder and subsidiary of Deutsche Post World Net, the world’s leading provider of IT-supported logistics solutions covering air and ocean shipment. Al Shirawi said GSL would be in charge with the distribution of products by Master Foods, a unit responsible for sales and marketing of chocolate products by Mars Incorporated, in the UAE, other Gulf states and the entire MENA (Middle East and North Africa) region.
GSL has a Dh130 million warehousing and distribution centre at Dubai Investment Park, and installed last year one of the most hi-tech cooling systems that allows customers to monitor their food consignments on the Internet. Its facility also features racking and converters to maximise cold storage space. The complex offers a total of 20,000-tonne capacity for frozen and chilled products, with temperatures ranging from -25C to +4C.
A dozen special chambers offer storage spaces ranging from 12 sea containers to 1,500 pallets of stock. Master Foods sells various chocolate brands, including Snickers, Mars and M&M’s, Abou Siouf, Galaxy and Uncle Ben’s, to some 1.4 billion consumers worldwide. It has regional offices in Dubai, Cairo and Casablanca.
Read MoreIsrael Post aims to sell financial services in Q3
As the privatization of Israel Post Company Ltd. gathers steam, the company plans to begin offering financial services, and market mutual, provident and pension funds at post offices. Israel Post also wants to begin selling non-life insurance, such as compulsory vehicle insurance and home insurance, by the third quarter of this year.
Israel Post predicts that the ministers of finance and communications will sign the permit allowing it to provide financial services by the end of June, so that it will be able to begin selling financial products during the fourth quarter. However, because Israel Post cannot provide financial advice for the sale of these products, and lacks a permit to provide it, it will only serve as a sales and clearing platform.
The tender for the sale of insurance at post offices was published a month ago, and the deadline to submit bids is today. Israel Post believes that the tender results will be published in May. Israel Post plans to begin selling insurance at only 50 branches of the Postal Bank. If the venture succeeds, Israel Post plans to sell home insurance, and much later, health insurance, including to foreign workers.
Insurance agents and companies will handle claims, and Israel Post will bear no responsibility. If and when the Postal Bank becomes a regular retail bank, it will have to stop selling non-life insurance, which is banned for banks.
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