Tag: UAE

UAE likely to withdraw postal tax

The federal government is considering partial or complete withdrawal of the 10 per cent postal tax collected from private operators, said Sultan Bin Saeed Al Mansouri, Minister of Communications and Chairman of Emirates Post. “We are actively considering the matter. However, it may take some time,” he said on the sidelines of the World Mail, Express and Air Cargo Expo, Middle East and Africa. He said the new federal government will undertake further measures to liberalise the UAE’s transport, communication and logistics sector that will help it to grow further. The Middle East express mail market is worth 8 billion euros (Dh39. 5 billion), officials said. Abdullah Al Daboos, Director-General of Emirates Post, said: “The UAE market accounts for about 35 per cent of the GCC, while Saudi Arabia accounts for 55 per cent. ” That values the Gulf post-al market at about 622 million euros (Dh3. 07 billion).

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Emirates Post says diversification can help regional postal services – delete

At an official press conference today for the World Mail Express & Air Cargo Expo taking place 1-2 March at the Dubai World Trade Centre, Emirates Post said it will be able to share its success with other exhibitors and delegates participating at the conference-led expo, a joint initiative organised by UK company Triangle Management Services and Dubai-based, Streamline Marketing.

Abdulla Ibrahim Al Daboos, Director General of Emirates Post, told the press conference that diversifying into non-postal services helped the company to achieve earnings of around Dhs300 million for 2004, and that policy is now expected to boost revenue by 10 per cent this year.

Emirates Post expects to boost its annual turnover by 10 per cent this year by continuing to diversify its range of services and the company believes postal services across the Gulf region can follow its example.

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DHL forecasts 100 per cent jump in regional express business in five years

Drawing on an unprecedented region-wide analysis (six markets: UAE, Kuwait, Qatar, KSA, Bahrain and Lebanon), the Deutsche Post World Net (DPWN) subsidiary forecast that the current Euros 218 million (AED 1.1 billion, USD291 million) Middle East express market will grow to Euros 400 million (AED 2 billion, USD533 million) by 2010. DHL currently has nearly 50 per cent of the express market and with its own growth rates exceeding 20 per cent a year is confident of an increasingly impressive slice of the cake. The express sector, predominantly the fast-moving documents and parcels end of the wider logistics and freight industry, is one of DHL’s core markets. In an exclusive media preview of the figures in Dubai today Phil Couchman, DHL’s Regional Director for the Middle East, said: ‘We are extremely pleased with the results of the research. DHL, the region’s dominant logistics and express operator, today released figures that reveal its Middle East express business could double in the next five years on the back of runaway growth that far outstrips world averages.

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Emirates Post says diversification can help regional postal services boost revenues

At an official press conference today for the World Mail Express & Air Cargo Expo Abdulla Ibrahim Al Daboos, Director General of Emirates Post, told the press conference that diversifying into non-postal services helped the company to achieve earnings of around Dhs300 million for 2004, and that policy is now expected to boost revenue by 10 per cent this year. ‘In addition to traditional postal services, Emirates Post provides customers with retail, banking, airline ticket reservation and utility payment services,’ said Al Daboos. ‘We also offer a direct mail service providing access to up to four million addresses, while companies can use our integrated mailing service via the Electronic Document Centre, and later this year we will create a credit card personalisation service.’ Al Daboos said Emirates Post is ready to assist postal services in other Gulf countries with the launch of a number of products which it has already successfully introduced in the UAE.

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DHL to expand express logistics facility in Jebel Ali

DHL UAE will open a 6,000 square metre express logistics centre in Jebel Ali Free Zone, officials said. “This major new investment has been necessitated by constant growth in our business out of Jebel Ali, which has recorded 20 per cent year-on-year growth since it opened five years ago,” said David Wild, general manager of DHL UAE. The new facility is due to open in April and is the first in a three-phase, five-year DHL Jebel Ali development programme, company officials said. Phase 2 will start next year, with a proposed 20,000 square metre warehouse in the free zone.

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