Wall Street Exchange grantee Khalifa Fund’s members facilities to transfer the labors’ salaries

November 9, 2013 6:28 am

Wall Street Exchange – the member of Emirates Post Group – grantee a package of facilities for the projects under Khalifa Fund’s umbrella, that includes reducing the transfer fare for the labors’ salaries for the employees of the basic services (yellow collar), in order to support the small and medium sized enterprises’ sector and to enhance the competitiveness abilities.

The agreement was signed by H. E. Ibrahim Ahmed Al Mansoori the Chief Operation Officer of Khalifa Fund for Enterprise Development and Mr. Sultan Al Mahmoud the Director of Marketing & Support Services in Wall Street Exchange, in the presence of number of officials and executives from both entities.

The agreement comes within the objectives of the Fund to overcome the obstacles facing the entrepreneurs. Moreover, to facility the conduct of their projects in a flexible environment which will stimulate the performance and will increase the quality and productivity in the SMEs sector.

“The signing agreement with Wall Street Exchange reflects positively on the entrepreneurs owning the SMEs by reducing the cost. That emphasize the concern of the Fund to create the business environment for those projects, and their continuance support and get advantage of all initiatives or investments opportunities for the development and growth of the SMEs sector to participate in the national economy”, said Al Mansoori.

“Based on the continuance success of Wall Street Exchange in the previous years the agreement with Khalifa Fund for Enterprise Development came to provide comprehension financial services. That include; currency exchange, money transfer and the labors salaries services which comes along with salary protection program and the relevant services given to the SMEs and employees of the basic services, and to give facilities to support the entrepreneurs.