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From Government, Legal and Policy - Government

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Money Transfers Dubai 2012

Mon, 20 Feb 2012 14:19:08 EST

2012 promises to be a year of great change in the world of remittances. As the economy in Europe continues to struggle and the US begins to make a slow recovery attention is more focused on regions with growth.

This is certainly the case in the Middle East. Total financial transfers by expats in GCC exceed $269 bn during 2006-2010. The inflow of remittances during July-January 2012 from Saudi Arabia, UAE, USA, UK, GCC countries (including Bahrain, Kuwait, Qatar and Oman) and EU countries amounted to $2,008.47 million, $1,644.34 million, $1,328.31 million, $853.47 million, $845.41 million, and $215.64 million respectively as compared with the inflow of $1,353.40 million, $1,437.05 million, $1,145.71 million, $669.70 million, $721.47 million and $195.66 million respectively in July-January 2011.

To examine the areas that are having the biggest impact on the remittances and international payments market the International Association of Money Transfer Networks will bring together an unparalleled group of experts on 27th March 2012. Between the key movers in the area you will have the opportunity to debate with Eastnets, Qtel, Al Fardan, UPU, PRI, SWIFT and many more.

The meeting will not only provide tremendous networking and information opportunities, but will also challenge all attendees to re-examine their business strategies and ensure that they are positioned to seize the opportunities and tackle the challenges.

SWIFT will be closing the meeting with a drinks reception. This is the one meeting you do not wish to miss.

Please note that spaces are limited. Register a soon as possible in order to guarantee yours as IAMTN gives priority to it's members.
If you would like to present any specific subject please contact Kellie, as the manager for this meeting, she will be delighted to liaise with you regarding any specific requests.


Source: WebWire

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