Page 127 - 7X PR REPORT JULY 2024_Neat
P. 127
7/4/24, 11:35 AM UAE’s 7X reveals expansion plans to strengthen diversified portfolio
UAE’s 7X reveals expansion plans to strengthen diversified portfolio, global presence
As a member of the Universal Postal Union representing 192 countries, 7X can facilitate access to a
global postal network
7X highlighted the expansive capabilities of its subsidiaries - Emirates Post, EMX, EDC, and FINTX, which includes Wall Street Exchange and
Instant Cash. (Photo Credit: 7X)
7X, formerly known as Emirates Post Group, has announced key expansion plans as part of its new strategic
direction introduced earlier this year. The group aims to strengthen its diverse portfolio and enhance its domestic
and global reach.
The group highlighted the expansive capabilities of its subsidiaries – Emirates Post, EMX, EDC, and FINTX,
which includes Wall Street Exchange and Instant Cash.
Optimizing Emirates Post’s retail footprint
Emirates Post, the postal arm of 7X and the UAE’s official postal services provider, plans to optimize its retail
network by adding new strategically located service centers within a 5-minute drive of customers. This will
complement the 85 existing branches and 2 mall kiosks that make up the UAE’s most extensive postal and
community services network.
As a member of the Universal Postal Union representing 192 countries, 7X can facilitate access to a global postal
network.
Expanding EMX’s courier, express and parcel services
Furthermore, EMX, the group’s Courier, Express and Parcel (CEP) division, aims to expand its reach to new
destinations. In addition, with over 600 vehicles and 600 couriers, EMX operates a primary hub at Dubai Airport
and handles shipments from other UAE airports, along with 10 delivery centers. It has secured key agreements to
provide bespoke delivery and digital logistics solutions to corporate clients.
Enhancing cross-border logistics with EMX
EMX also delivers regionally and internationally to over 200 destinations through its courier partner network,
leveraging in-house customs offices and operational facilities to enhance cross-border logistics.
FINTX’s financial services capabilities
https://economymiddleeast.com/news/uaes-7x-reveals-expansion-plans-to-strengthen-diversified-portfolio-global-presence/ 1/2