THE UAE is likely to come up with a law fixing a threshold below which no courier company will be allowed to offer services in the local market, industry sources said.
The move has been initiated by Empost (Emirates Corporation for Commercial Postal Services), a wholly owned subsidiary of the UAE General Postal Authority (GPA), which has recommended to the Ministry of Finance and Industry to enforce the new law, the sources said.
Despite the global anthrax scare and Internet eating into large volumes of postal business internationally, the UAE Postal Authority has reported voluminous increase in its mail during the festive season.
Read MoreA-Dustour newspaper reported on the continued carrying out of the government privatization plan which began in 1996. The paper quoted the General Manager of the Privatization Authority, ‘Adil Al-Qadha, who told the paper in mid-May 2001 that privatization of the postal service has begun and the government intends to sell part of the post office shares in the private market. A special unit has been formed in the Authority to rearrange the whole communications sector financial, professional, and legal guidelines which the government will use in carrying out the privatization of the postal service.
Read MoreIt may be fashionable these days for express companies to talk of logistics and supply chain management solutions, but for FedEx the boom area in the Middle East remains the traditional document traffic.
With rapid growth in service indus— tries in the region, FedEx has seen increases of up to 27 percent in its document traflic in the past year.
The General Postal Authority (GPA) announced today a new identity,
vision and renewed commitment to serve. The GPA’s new identity begins with a new name – Emirates Post –
which officials say will be accompanied by a series of other changes
and a host of new services, technologies and systems. The service also has a new corporate logo which features a flying
falcon – a symbol of the tradition and heritage of the UAE.
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