Professional Documents
Culture Documents
UAE
Contractors, Small businesses, entrepreneurs and families will receive payments in the UAE
between Nov 2012 and Jan 2013, it has been announced.
.
Payment processing will take place in Abu Dhabi and Dubai.
) . (
UAE Liquidity Program has a budget of approximately $14 bn (Dh 51.42 billion) and is
expected positively impact the economy by Dec 2012.
/ . " "
.
Hope said the payments will be processed from a hub in Al Bateen area. Contractors should
prepare a spreadsheet of their outstanding invoices/ employees and bring it on a USB with
the file of original invoices.
" "
.
She is advising Companies to meet with the banks and suppliers to negotiate a Full & Final
settlement and bring a letter signed and stamped by 2 bank officers or one Director.
.
.
.
.
The Payment Center will operate 4 shifts of 6 hours each and every one issued a ticket will
be processed within 24 hours. Officials from 132 Government Departments have been
assigned to check documents and handle queries. 70 accountants will visit the jails and help
business owners agree payments and obtain Release letters. Once the cheques have been
processed Suppliers and employees can attend to sign and collect.
.
Funding has been received from QE3, G20 and Sovereign Wealth Funds, this innovative
Liquidity program is billed as a hybrid of liquidity, economic stimulus, debt reduction, poverty
alleviation and mass collaboration.
" "
The UAE Government, World Bank, IMF, US Treasury, UK Treasury, United Nations,
Sovereign Wealth Funds, Embassies, Quantative Easing Experts and Economists from
around the world have congratulated Hope for putting this policy into practice.
:
Watch this space for more.
www.linkedin.com/in/AmbassadorHope
www.Twitter.com/AmbassadorHope
www.facebook.com/AmbassadorHope
www.pinterest.com/AmbassadorHope
Email: hope@hope.gs
Mobile: +971 552 396 818
Television stations:
Al Aan TV
Al Arabiya
Al Majd TV
Arabian Travel TV
ARY Digital Network
BBC World News
Bloomberg L.P.
City 7 TV
CNBC Arabiya
CNN International
Decision Makers TV
Dubai Media Inc. News Center
Geo TV
Infinity TV
Middle East Broadcasting Center
National Geographic Farsi
Orbit Showtime
Persian Music Channel PMC
Ten Sports Taj Television Ltd
Turner Broadcasting System - MENA region headquarters
Zee Aflam
Radio stations:
Radio Sawa (formerly Voice of America)
Arabian Radio Network