In a press statement, authorities said that the process of money laundering was done through the exploitation of postal accounts created in the Marsa Matrouh Governorate to launder over EGP 1bn.
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It will add more 300 ATMs before the fiscal year end
In addition, Egypt Post provided support to African countries through the Regional Training Centre in Cairo, which led to the PAPU adopting the Egyptian experience and circulating it to African countries.
Al-Sagheer said that the agreement provided an African platform for electronic commerce for the benefit of African countries that Egypt would work with, in cooperation with the African countries.
The agreement aims to provide new and innovative services to stimulate rapid shipping traffic to and from the African continent, focusing on Egypt’s position as a major hub for development.
Egypt Post delivered 2.5m EasyPay cards within a year, says El-Saghir
Egyptian telecommunications sector’s exports amount to $2.2bn
‘Egypt Post is becoming the citizen’s first choice for a range of services’ says El-Saghir
The meeting also stipulates that the service of instant money transfer would be activated, in order to facilitate funds transfer for Egyptians living in Jordan to their relatives in Egypt
Egypt Post expects an increase in profits of EGP 700m this year
Agreements aim to use logistical centre of Egypt Post at Cairo International Airport
The reason for the increase is the ease of dealing and confidence in Egypt Post and spread across the Republic :CAPMAS
The agreement includes integration of traders in financial coverage system and provision of ATM machines at the post offices
The Egypt Post announced the suspension of all postal services to Qatar starting Tuesday, after the Egyptian government decided to sever its diplomatic ties with Qatar. Egypt announced its reason for cutting for cutting diplomatic ties with Qatar was due to its support of terrorist organisations and inciting division in the region, according to a …
The post also noted increases in dispensed pensions and the number of offices
The number of pensions disbursed through Egypt Post offices rose from 61 million accounts in the fiscal year (FY) 2014/2015 to 65.1 million accounts in FY 2015/2016. According to a source at Egypt Post, the value of these pensions registered EGP 55.7bn in FY 2015/2016, up from EGP 49.2bn— an increase of 13.2%. The size …
The number of savings accounts increased from 23.1m in May 2016 to 24m in December 2016
15,000 employees have been trained to cater to their customers, says El-Sagheer
We will set up an e-commerce platform during Cairo ICT 2016, says Al-Saghir
Total value of deposits and invested money in Egypt Post amounts to EGP 184bn
Investments in post offices reduced operational costs and maximised revenues, says authority head
Agreement is expected to benefit 30,000 refugees through 3,000 post offices: Al-Saghir
We are currently evaluating financial offers to use the post offices’ roofs to generate solar energy, says Al-Saghir
“Invest Your Ideas” aims at improving authority’s services, says official
A Sudanese Post delegation visited Egypt in the framework of Egyptian interest in promoting means of cooperation with other countries
15 buildings affiliated to Egypt Post identified for solar power generation utilisation
IT infrastructure development for Egypt Post, improving employees’ skills, and re-investing real estate assets form most important features of Egypt Post’s plans
Chairman’s decision comes due to numerous complaints of relatives working in same department, says official
400 second class offices to be developed during FY 2014/2015, says vice chairman
Visa card service will facilitate payment transactions and transfer funds between all clients