Tag: UAE

UPU seeks support for express money order

Posted by | Dec 6, 2007 | |

Universal Postal Union (UPU) is mustering the support of regional postal organisations for its International Express Money Order service which is designed to provide speedy electronic money transfer through the postal network backed by the UPU-developed IFS (international financial services) software.

Gulf postal organisations were introduced to the new service at a workshop held recently in Dubai under the chairmanship of Emirates Post. The participating countries included the UAE, Saudi Arabia, Qatar, Syria, Jordan, Egypt, Yemen, Tunisia and Djibouti.

Speaking on the occasion, Henri Biadala, head of the working group on IFS, La Poste, said the new product was part of UPU’s efforts to eliminate paper-based remittances and grab a larger share of the remittance market by providing affordable money transfer through the postal network.

“This workshop is part of a series of regional workshops initiated by UPU to familiarise all stake holders with the IFS-based International Express Money Order,” said Biadala.

“IFS is a reliable, adaptable and easy-to-use tool and can be installed in the remotest areas of the world. The pilot projects have already been successfully carried out in many countries.”

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FAMCO to supply Allied Transport with 30 Volvo trucks for DHL

Posted by | Dec 4, 2007 | |

Allied Transport will use the trucks to meet the growing demands for DHL’s express mail and transit cargo customers across the GCC and Levant countries.

The first of the Volvo FH400 trucks with I-shift transmission technology were delivered at a private ceremony at FAMCO’s head office in Dubai. Joe Lahoud, Divisional Manager – FAMCO’s Volvo Truck & Bus Division handed over the truck keys to Ali Khalifa Beyat, Managing Director of Allied Transport Establishment.

Mr. Ali Beyat, Managing Director of Allied Transport commented that the delivery of the first thirty trucks is a part of the company’s five-year strategy plan. He said: ‘We anticipate the supply of over 500 trucks for DHL’s requirements over the next five years. These trucks will be used to meet the growing demands for DHL’s express service across the GCC and Levant countries and North Africa.

Mr. Bachi Spiga, Middle East Head of Operations – DHL Middle East said: ‘Our operations continue to grow at a rapid pace and the company is seen as the number one road solutions expert. The addition of these Volvo trucks will help us to meet our increased schedules throughout the Middle East due to the enormous growth of the road express business and our requirement for tailor-made solutions for customers also.’

Since its official launch at Dubai’s Autodrome in April 2007, the I-Shift truck has gained ground, becoming the preferred solution for most of the professional transport operators in the UAE.

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Airtel, Western Union offer mobile money transfer service

Posted by | Nov 30, 2007 | |

Indian workers in other countries will soon be able to send money, less than $100, to their family back home using a mobile phone.

Bharti Airtel and Western Union have decided to jointly develop and pilot a mobile money transfer service in the country. The move is part of a global initiative by the GSM Association wherein 35 mobile operators spread across 100 countries have taken a commitment to enable the world’s 200 million international migrant workers to easily and securely send remittances to their dependents.

Here’s how it works. If an Indian working in Dubai wants to send money that’s sub USD 100 to his family in Kerala, he has to punch in the exact amount to be sent on an application on his mobile handset. The application will be provided by the mobile operator when the sender registers himself for the service.

The message is delivered through the mobile operator’s network to his local bank from where the amount is transferred to Western Union. A 16-digit identification number is generated by Western Union and delivered (either through email or SMS) to the person who sent the money in Dubai.

The sender then has to give the 16-digit number to his family in India. His family has to punch in the identification number on their Airtel mobile through a special application which can be easily downloaded on their handset.

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