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Friday, November 13 - 2009

Empost USD33.5m profit

  • United Arab Emirates: Wednesday, January 12 - 2005 at 07:41

The UAE government is to sell 40 per cent of its stake in Emirates Post, reported Gulf News. Empost returned a net profit of USD33.5m in 2004, a 20 per cent increase over last year. It has a network of 77 post offices throughout the emirates and is establishing IT systems for postal services in Egypt, Oman and Syria as well as having provided Bahrain with an integrated IT system.

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