Emirates Post Group adds investment business unit + GAFI and Petrotrade team up to recycle freezone companies’ waste

Emirates Post Group (EPG) has undergone strategic restructuring with the aim of becoming the UAE’s leading logistics market enabler, according to a press release. The overhaul comes on the heels of the company’s transition to a public joint stock company that is fully owned by Emirates Investment Authority. It also contributes to a five-year growth strategy that outlines improvements to digitization, customer experience, and sustainability across the company’s operations in fintech, as well as its courier, express, and parcel business. The reshuffle will also see the launch of a new business unit charged with managing EPG’s investment portfolio and exploring new ventures, according to the statement.

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• Egypt’s General Authority for Freezones and Investments has inked an agreement with Petrotrade to recycle waste generated by 2.4k companiesand industrial establishments inside freezones. (Statement)