Tag: UAE

Emirates Post opens new post office at RAK Free Zone

Posted by | Feb 7, 2008 | |

Emirates Post has opened a new post office in Ras Al Khaimah Free Trade Zone, to cater to the needs of investors, businessmen and employees. The post office is located in the Business Park of the zone

The post office was inaugurated by Mr. Jamal Saif Al Jarwan, Director of Postal Zone 4, and Mr. Oussama El Omari, CEO/Director General, RAK Free Trade Zone.

‘The opening of the new post office is part of Emirates Post’s strategy to take our services and products closer to our customers, including business people,’ said Ibrahim Bin Karam, CEO of Emirates Post. ‘The post office will offer all postal and non-postal services, such as parcels, money exchange and remittances.’

‘The new post office in RAK Free Trade Zone will add another useful facility on our list of investor-friendly services. We already have 3,000 P.O. Boxes located in three different parks of the free zone to satisfy investors’ needs,’ said El Omari. ‘This has been necessitated by the increase in the number of zone-registered companies which has crossed 4,000. The zone continues its effort to provide its clients, investors and employees with a wide range of unique services.’

Mr. El Omari added, ‘We are pleased that the full-fledged post offices will bring different services under one roof for the benefit of our tenants and employees.’

The post office timings will be from 8 am to 3 pm, Saturday to Thursday.

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DHL extends reach with Dh 1bn (USD 272 million) investment in the Middle East

Posted by | Feb 7, 2008 | |

DHL Exel Supply Chain, part of DHL logistics, is to invest about Dh1 billion (USD 272 million) this year in expansion projects for its business in the Middle East.

The investments will be carried out mainly in the UAE and Saudi Arabia to tap the growing demand for logistics services triggered by the booming trade in the two regional heavyweights.

The influx of capital into the sector is expected to boost the company’s standing as the number one supply chain operator in the region and help DHL meet its 40 per cent growth target for 2008 and 2009.

“DHL Exel is greatly focusing on the Middle East as one of the top three emerging markets after China and India. There is great potential for logistics services in the entire region, which calls for further investments in the logistics sector,” David Christmas, Middle East Managing Director for DHL Exel, told Emirates Business.

DHL Exel Supply Chain has been growing at an average of 35 per cent annually in the past three years and according to Christmas, the same level of growth is expected in the next five years.

DHL Exel operates in 16 countries in the Middle East but the largest share of its operations are in Saudi Arabia, where it foresees huge growth potential of the market. With 120 facilities across the region and 10,000 staff, DHL Exel is currently ranked number one in the region, with 10 per cent of the market, which is shared with several other players.

The company has four road hubs and two air hubs in the region, a fleet of 2,000 vehicles and 17 aircraft operated from Bahrain air hub to serve the GCC market and link it with East Asia and Europe. 1 AED = 0.272346 USD

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Emirates Post records net profit of Dhs 190m for 2007

Posted by | Feb 4, 2008 | |

Announcing the financial results, H.E. Sultan Saeed Al Mansouri, Minister for Public Sector Development and Chairman of Emirates Post Holding Group, said the net profit of Dhs 190,258,653 (USD 51.74 million approx.) reflected Emirates Post Holding Group’s continuing pursuit of business diversification and excellence in delivery of services.

Mr. Abdulla Al Daboos, President of Emirates Post Holding Group, said the establishment of the holding company under Federal Law No. 14, 2007 issued by HH Sheikh Khalifa bin Zayed approved, has set the foundation for evolving into a major business entity under the Ministry of Public Sector Development. Emirates Post, the postal corporation, has thus become one of the subsidiaries of the holding group.

He said the highest ever net profit of over Dhs190m was the result of a strategic plan that was driven by diversification, new alliances and acquisitions.

Mr. Al Daboos revealed that the postal network continued to expand during 2007, and a large number of new services were added to the Emirates Post portfolio. Overall, mail and parcel volumes rose by 10 pct. Overall mail volumes in 2007 stood at 258,808,231, against 233,767,518 in 2006, with a daily average of 715,545 pieces per day.

Commenting on expansion plans, Mr. Al Daboos said over Dhs. 277 million (USD 75.4 million) has been allocated for construction projects in 2008. Among the projects already nearing completion is a new purpose-built postal operations hub at Ramoul.

The Board also approved Emirates Post Holding Group plan to launch postal business centres across the UAE and GCC in the next phase, in partnership with leading business groups.

A new addressing systems being developed in association with other departments was also approved. The Board also reviewed plans for the IPO. It also approved new employee rules for holding group.

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Emirates Post And Emirates Nationals Development Programme Partner To Boost Emiratisation In Mail Sector

Posted by | Feb 4, 2008 | |

Emirates Post Holding Group and Emirates Nationals Development Programme (ENDP) have signed a Memorandum of Understanding (MoU) to boost Emiratisation in the mail sector through a series of measures, including a three-month ‘Postal Diploma’ programme, to be conducted by the Emirates Post Training & Development Centre, Dubai.

The new initiative was unveiled at a press conference addressed by H.E. Sultan Bin Saeed Al Mansouri, Minister for Public Sector Development & Chairman of Emirates Post Holding Group, H.E. Ahmed Humaid Al Tayer, Chairman of ENDP, and Mr. Abdulla Al Daboos, President of Emirates Post Holding Group. The joint initiative is in response to the directive of HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice-President & Prime Minister of UAE and Ruler of Dubai, on creating new opportunities for Emirati youth in various fields, especially in the private sector.

The MoU seeks to establish a framework for expanding cooperation between Emirates Post Holding Group and ENDP in providing training to Emarati youth in mail-related areas in order to boost Emiratisation. The Postal Diploma project has been designed to raise UAE nationals’ skills and professional capabilities for taking up positions in Emirates Post Holding Group and private sector companies engaged in mail activities.

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Emirates Post hikes post box fees

Posted by | Jan 31, 2008 | |

The Emirates Post (EP) has increased the annual fees of P.O. boxes, both individual and commercial. The revised fees came into effect on January 1, according to EP officials.

Individual post boxes now cost Dh200, instead of the previous cost of Dh150, and the fee for the commercial post box has been doubled from Dh250 to Dh500.

Officials added that the increase has been imposed in order to cover the additional expenses of the services provided by the organisation.

“A circular with regard to the price hike was sent to us earlier this year. But then it is a minimal hike and we don’t think that the income of people or companies wishing to have a P.O Box number is going to be affected,” said representatives at the Al Khor Post Office.

In a press release issued by the Emirates Post on the issue, officials said that lately, the EP had spent a lot of money on introducing new services.

“EP has modernised its infrastructure. It has set up the Post Exchange Centre at Al Ramool in Dubai. A document centre is also going to be established soon,” the release said.

“Last year, EPhad signed an agreement with a Japanese company to export and set up an advanced system to handle the letters, at a cost of Dh14 million. In the next four years, the UAE and specifically Dubai is expected to receive more than a million letters daily due to the increasing number of companies and organisations in the UAE. Modern system is the only way to deal with post parcels and distributing them in a short time,” added officials.

The post offices network has expanded to include 87 branches around the UAE. Studies and researches are being conducted to modernise that network to supply customers with the best services, officials added.

“We signed a number of contracts and agreements that cost us a lot. The charges of post services, transportation and other relevant services have increased all over the world. This directly affected the charges imposed on our services. Besides, we are always promoting our services of post deliveries to post boxes and this naturally costs more,” the authorities opined.

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