7X announces global expansion plans

File Photo

7X, previously known as Emirates Post Group, announced on Wednesday key expansion plans as part of the brand's new strategy introduced earlier this year, aiming to strengthen its portfolio and enhance its domestic and global reach.

The group also highlighted the reach and capabilities of its subsidiaries – Emirates Post, EMX, EDC, and FINTX, which includes Wall Street Exchange and Instant Cash.

Emirates Post, the postal arm of 7X and the UAE's official postal services provider, plans to optimise its retail network with new strategically located centres that are no more than a five-minute drive away from customers.

Currently operating the UAE's most extensive retail network for postal and community services, it will add new service centres to its 85 branches and two mall kiosks, tailoring them to their respective communities to meet customers' needs.

Moreover, the UAE's membership in the Universal Postal Union (UPU), represented by 7X, facilitates access to a global postal network spanning across 192 countries.

EMX, the Courier, Express and Parcel (CEP) arm of 7X, aims to expand its reach to new destinations.

With a rapidly growing fleet that has reached over 600 vehicles and more than 600 couriers, EMX operates one primary airport hub at Dubai Airport and handles shipments from Abu Dhabi and Sharjah airports, along with ten delivery centres, ensuring reliable delivery and logistics solutions.

The CEP provider recently inked several key agreements with consulates, government service centres, banks and eCommerce providers across the UAE, showcasing its ability to provide bespoke delivery and digital logistics solutions to corporate customers.

EMX also provides delivery services, both regionally and internationally, to more than 200 destinations through its expansive courier partner network and aims to augment its global reach through new strategic alliances. Leveraging its in-house customs offices and world-class operational facilities within airports, EMX aims to provide seamless cross-border logistics services and enhance the global logistics landscape.

FINTX, the financial arm of 7X, houses Wall Street Exchange and Instant Cash, both providing financial services to more than 100 destinations.

Wall Street Exchange (WSE), currently operates 33 branches across the UAE, offering its customers greater convenience. Instant Cash is rapidly gaining recognition as one of the fastest-growing global money transfer entities in the GCC region. It has a global network of more than 145 agent partners spanning over 90 countries.

Electronic Documents Centre (EDC), a leading integrator and solutions provider under 7X, offers seamless and flexible working models. EDC empowers more than 90 clients across 10 countries and 11 industries to meet their transformation goals.

Abdulla Mohammed Alashram, Group CEO of 7X, said, "By adding new service centres and branches, extending operating hours, and strengthening our regional and international partnerships, we aim to provide unparalleled convenience to our customers. Additionally, 7X has rolled out over 700 PUDOs, with the ambitious goal of increasing these pick-up and drop-off locations to 1,000 by the end of 2024, underscoring our commitment to customer accessibility and efficiency."

More from Business

  • New tax programme for government employees

    Dubai Finance (DOF) and PwC Academy, the talent and skills development arm of PwC Middle East, have announced a strategic partnership to introduce a new Tax Professional Certificate aimed at tax professionals working within Dubai’s government entities.

  • Russia is using bitcoin in foreign trade, finance minister says

    Russian companies have begun using bitcoin and other digital currencies in international payments following legislative changes that allowed such use in order to counter Western sanctions, Finance Minister Anton Siluanov said on Wednesday.

  • ADFD adds AED147M to Maldives airport project

    The Abu Dhabi Fund for Development (ADFD) has announced an additional loan of AED 147 million ($40 million) to complete the financing of the Velana International Airport development project in the Maldives.

  • Iran lifts ban on WhatsApp and Google Play

    Iranian authorities have lifted a ban on Meta's instant messaging platform WhatsApp and Google Play as a first step to scale back internet restrictions, Iranian state media reported on Tuesday.

  • Kuwait approves 15% Tax on multinational entities

    Kuwait's Council of Ministers has approved a new tax measure that will impose a 15% tax on multinational entities, effective January 1 of next year.