Page 18 - 7X PR REPORT JULY 2024_Neat
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Press Release

              7X Unveils Ambitious Expansion Plans to Strengthen Global Network
                                     and Enhance Customer Experience

               •   7X rolled out an extensive PUDOs network with the aim to reach 1,000 locations by the end of 2024.
               •   Emirates Post aims to optimise its centres’ geographical footprint to ensure that they are not more than
                   a five-minute drive away from customers.
               •   EMX provides superior delivery services across 200 international destinations through its expansive
                   courier partner network.
               •   Wall Street Exchange recently opened its 33  branch in Abu Dhabi Mall.
                                                          rd
               •   Instant Cash, with more than 145 agent partners across more than 90 countries, is one of the fastest
                   growing MTOs in the region.
               •   EDC boasts a seamless and flexible operating model, working on projects across 10 countries, and
                   serving 11 different industries.

            Dubai, July 03, 2024: 7X, previously known as Emirates Post Group, announced key expansion
            plans as part of the brand’s new strategy introduced earlier this year, aiming to strengthen its diverse
            portfolio and enhance both its domestic and global reach. The group also highlighted the expansive
            reach and robust 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 optimize
            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, Emirates Post will add new service centres to its existing 85 branches and two
            mall kiosks, tailoring these centres for their respective communities to offer personalised services to
            meet the unique needs of their customers. 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. In addition, starting July 1, 2024, selected branches of Emirates Post have extended its
            operating hours until 8 PM and will also be open on Saturdays to enhance customer convenience and
            align with global market demands.

            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, while
            establishing clearance and last mile capabilities in key markets. With a rapidly expanding 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 10 delivery
            centres, ensuring reliable delivery and logistics solutions. Their capabilities enable them to deliver to
            even the remotest areas in the UAE. The CEP provider recently inked several key agreements with a
            number  of 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 with an aim to
            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, with a goal of continuous expansion. Wall Street
            Exchange  (WSE),  one of  the first exchange  houses  in the  UAE,  is  embarking on  a strategic
            expansion, which includes  strengthening  trade partnerships  with leading financial institutions  and

                             ةدﺣﺗﻣﻟا ﺔﯾﺑرﻌﻟا تارﺎﻣﻹا ،ﻲﺑد ،99999 دﯾرﺑ قودﻧﺻ ،ع.م.ش تارﺎﻣﻹا دﯾرﺑ ﺔﻋوﻣﺟﻣ ﺔﻛرﺷ
                                           Emirates Post Group Company PJSC, PO Box 99999, Dubai, UAE

                                             Tel. +971 4 604 9438  فﺗﺎھ
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