Page 28 - 7X PR REPORT JULY 2024

7/31/24, 1:59 PM 7X Achieves Strong Operational Performance In First Half Of 2024 - Construction Business News Middle East
These results demonstrate the Group’s commitment and ongoing efforts to enable the

logistics, digital and financial services at the local and regional levels. The performance
results highlight the operations of Emirates Post, EMX and the Electronic Documentation

Centre, as well as FINTX, which includes Wall Street Exchange and Instant Cash.

The report revealed a 12 per cent increase in international outbound postal shipments and

a 42 per cent growth in international inbound postal shipments through International
Express Mail Service (EMS) and parcel delivery, compared to the same period last year.

Image source: Shutterstock

There was also a rise of 8.5 per cent in the domestic last-mile and courier shipments, which
marks a significant increase as compared to the first half of 2023. With the launch of EMX

in February 2024 and 7X’s continuous efforts to enable its subsidiaries to expand the

customer base and international shipping destinations, the volume of international

inbound shipments and transshipment have increased significantly.

Furthermore, the group witnessed a 38 per cent growth in financial transactions and

recorded a 22 per cent increase in the volume of printed financial and non-financial cards.

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