Emirates Post Group undergoes restructuring to drive growth with vision to become the leading logistics market enabler in the UAE
Dubai, United Arab Emirates—The Emirates Post Group Company (EPG) is undergoing strategic restructuring aimed at positioning itself as the logistics market enabler in the UAE, following its transition to a Public Joint Stock Company, fully owned by Emirates Investment Authority.
“The official transition of Emirates Post Group into a public joint stock company represents a pivotal point in our mission to diversify our business, improve customer experience, and offer tailored services and products. It moves us closer to our primary objective of becoming the leading logistics market enabler in the region, while fostering an ecosystem that integrates logistics, fintech, and digital solutions,” said Abdulla Mohammed Alashram, Group CEO of Emirates Post Group Company.
Throughout its history, EPG has worked to positively contribute to the Emirate’s social and economic development in line with the UAE Government’s Vision, especially in the areas of eCommerce, financial inclusion, and digital transformation. In accordance with this vision, all subsidiaries under the Group: Emirates Post, FINTX, and Electronic Documents Centre (EDC), will undergo effective changes.
EPG is set to adopt novel approaches to revolutionize the conventional postal services and courier services of its subsidiary ‘Emirates Post’ by expediting the digitization of its offerings, strengthening its last-mile delivery operations and e-commerce solutions, to cater to a dynamic market that is constantly evolving due to digital advancements.
Similarly, EPG’s new FinTech subsidiary, ‘FINTX’, will continue to spearhead the digital transformation efforts to revolutionize the Group’s existing financial services companies – Wall Street Exchange and Instant Cash. This will accelerate the Group’s FinTech strategy towards creating and investing in new ventures to form a FinTech eco-system of financial services and solutions in the UAE and beyond.
‘EDC’, the Group’s digital transformation subsidiary, will continue to focus on enhancing its digital platforms and solutions to support organisations in the logistics industry and various other industries to achieve their digital transformation goals.
Additionally, EPG will create a new business unit that will focus on strategic investments and innovation. Its main task is to manage the existing investments of the Group’s current portfolio and explore opportunities in new ventures.