Page 178 - 7X PR REPORT JULY 2024_Neat

EMX
EMX, the Courier, Express, and Parcel (CEP) arm of 7X, offers extensive service
capabilities across the UAE and aims to expand its reach to new origins and destinations
in the coming months. With a rapidly expanding fleet of over 600 vehicles and more
than 600 couriers, EMX operates a primary airport hub at Dubai Airport and handles
shipments from Abu Dhabi and Sharjah airports, along with 10 delivery centers. EMX
recently inked several key agreements with consulates, government service centers,
banks, and eCommerce providers across the UAE. EMX provides delivery services to
more than 200 international destinations through its expansive courier partner network
and aims to enhance its global reach through new strategic alliances.

FINTX
FINTX, the financial arm of 7X, includes Wall Street Exchange and Instant Cash, both
providing financial services to more than 100 destinations. Wall Street Exchange (WSE),
one of the first exchange houses in the UAE, is embarking on a strategic expansion,
which includes strengthening trade partnerships and opening new branches. With the
addition of its most recent branch in Abu Dhabi Mall, WSE now operates 33 branches
across the UAE. Instant Cash, the only CBUAE-licensed Money Transfer Operator (MTO),
is rapidly gaining recognition as one of the fastest-growing global money transfer
entities in the GCC region. Instant Cash recently introduced the innovative IC API
platform, streamlining money transfers for customers. With a global network of more
than 145 agent partners spanning over 90 countries, Instant Cash facilitates seamless
international money transfer services.

Electronic Documents Centre (EDC)
EDC, a leading integrator and solutions provider under 7X, offers seamless and flexible
working models, including the innovative SaaS (Software as a Service) model. EDC
empowers more than 90 clients across 10 countries and 11 different industries to meet
their transformation goals and utilize full capabilities.

Strategic Vision
Abdulla Mohammed Alashram, Group CEO of 7X, stated, “We are proud to demonstrate
the robust strength of 7X’s network and our strategic plans to enhance our service
capabilities and extend our reach through our subsidiaries. By adding new service
centers 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 1000 by the end of 2024. Our focus is
on leveraging digital innovations and forming strategic partnerships to support the
UAE’s vision for a highly integrated and dynamic logistics and financial ecosystem.”

Through key partnerships and expansion strategies, 7X aims to enhance its portfolio
and range of offerings, consistently meeting the needs of a rapidly moving world.
Moreover, 7X plans on launching innovative digital solutions, aligning with the national
strategy to steer widespread digital transformation within the UAE’s logistics landscape.

https://www.dayofdubai.com/news/7x-unveils-ambitious-expansion-plans-to-strengthen-
global-network-and-enhance-customer-experience