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E-Monee Continues to Address Electronic Payment Mandate

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BOCA RATON, Fla.--(BUSINESS WIRE)--E-Monee.com, Inc. (E-Monee) (Pink Sheets:EMNC - News) previously announced that the government of Dubai had placed a mandate on all construction companies to have all expatriate workers on an electronic payment system by January 2008. This mandate has been extended to later in 2008, and E-Monee continues efforts to implement its systems in order to meet the extended deadline. Recently, his Excellency Dr. Ali bin Abdulla Al Ka'abi, UAE Minister of Labor, announced that the Ministry of Labor has been pushing for a service offering that provides a global financial service customized for the expatriate workers through various US companies. His Excellency Dr. Ali bin Abdulla Al Ka'abi said that, We are happy to be working with US companies to provide all UAE employers and expatriate workers a secure, affordable, easy to use product. This will result in financial inclusion of the large under-banked population, which is certainly the need of the hour. In addition to meeting the current mandate, E-Monees objective is to roll out this solution to all GCC countries, to enable the entire expatriate workforce servicing that area to benefit from this convenient and cost-effective technology, as far as securing their salaries and moving their money is concerned.
Last Updated ( Tuesday, 27 May 2008 09:46 ) Read more...
 

Dubai Trade opens e-payment facility

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Dubai Trade, the online portal for Dubai Ports and Customs and Freezone Corporation, on Sunday launched a Centralised e-Payment Gateway (CePG), propelling Dubai to the position of the most efficient trading hub in the world.

The CePG will allow online transactions for customers dealing with Dubai World companies.

Last Updated ( Tuesday, 27 May 2008 09:47 ) Read more...
 

Premier realty exhibition begins

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Abu Dhabi: The second edition of Cityscape Abu Dhabi, an annual networking exhibition and conference, began here on Tuesday, featuring more than 300 exhibitors - both regional and international - including investors, property developers, leading architects and designers.

Projects in Abu Dhabi were valued at more than $327 billion during last year's Cityscape, according to figures released by the event organisers - IIR Middle East.

Last Updated ( Tuesday, 27 May 2008 09:47 ) Read more...
 


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