Emirates Post and Deutsche Post sign MOU for enhanced business cooperation
- United Arab Emirates: Wednesday, March 05 - 2003 at 11:00
- PRESS RELEASE
Emirates Post and Deutsche Post yesterday signed a Memorandum of Understanding (MOU) to explore enhanced business cooperation between the two postal corporations, including expanded scope for the Emirates Post's international mail transit hub located at Dubai International Airport.
In addition to expanding the scope of the Emirates Post mail transit hub, the two sides agreed to explore the possibilities of Emirates Post using Deutsche Post's mail hub facilities based in Frankfurt.
The MOU envisages further cooperation in enhancing the Emirates Post's mail hub services, including the possibility of implementing the Mail Transportation through Consolidation Hubs functionality. The new facility, to be operated by a newly formed company, will allow postal operators to achieve lower transportation costs through containerization, consolidation and co-operation.
The two postal corporations further agreed to explore new innovative ways of enhancing mail-related operations covering the Middle East and South Asia, as well as study the possibility of setting up a joint venture company for electronic dispatch of global mail to a print facility in Dubai for further dispatch within the region.
"The MOU is the first step in our strategic alliance with Deutsche Post aimed at enhancing mutual business opportunities," said Abdulla Al Daboos, Director General, Emirates Post, after signing the MOU. "This really marks the foundation of a strong business relationship between us, and we are looking forward to gain from the expertise of one of the world's most dynamic and innovation-driven postal corporations. At the same time, we will be examining new projects that will bring mutual benefits for Deutsche Post as well as Emirates Post."
The MOU has further significance for Emirates Post considering that Deutsche Post now wholly owns DHL. Emirates Post last year entered into a strategic alliance with DHL to launch the cross-branded courier product "International Express". The Deutsche Post delegation includes Mr. Phil Couchman, Area Director, Middle East, DHL, and this opens further possibilities for new areas of business alliances between DHL and Emirates Post.
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Posted by Anne-Birte Stensgaard, News Editor



