Business

7X, previously known as Emirates Post Group, has announced significant expansion plans aimed at strengthening its diverse portfolio and enhancing both domestic and global reach. This move is part of the brand’s new strategy introduced earlier this year. The group also emphasized the extensive reach and robust capabilities of its subsidiaries: Emirates Post, EMX, EDC, and FINTX, which includes Wall Street Exchange and Instant Cash.

Emirates Post
Emirates Post, the postal arm of 7X and the UAE's official postal services provider, plans to optimize its retail network by establishing new strategically located centers, ensuring they 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 centers to its existing 85 branches and two mall kiosks. These centers will be tailored to their respective communities to offer personalized services. Starting July 1, 2024, selected branches of Emirates Post will extend operating hours until 8 PM and will also be open on Saturdays, enhancing customer convenience and aligning with global market demands.

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.

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