ArabianBusiness.com - Middle East Business News
Tuesday, 24 November 2009 22:59 UAE time

YOUR DIRECTORY /

In Cooperation with QNB, Ministry of Energy and Industry replaces the cash collecting system with th

Posted on
Monday, 13 November 2006


Industry Sector
Banking

Country
Qatar

Client(s)
Qatar National Bank - Qatar


Press Release Content


The Ministry of Energy and Industry has joined the fleet of governmental administrations which have signed agreements with Qatar National Bank to utilize the Points of Sale (POS) and e-Cash card payment system.


The agreement was signed by Mr. Ali Ahmed Al Kuwari, General Manager, Operations and IT, on behalf of QNB and Mr. Said Mubarak Al Kuwari, Manager of Industrial Development Department at the Ministry of Energy 7 Industry. The signing ceremony was also attended by representative officials from both signing parties and by Mr. Muftah Jassem Al Muftah from the Ministry of Finance.

This agreement comes in line with the government's intentions to replace the conventional postal stamp and cash collection system in official departments with the POS system which accepts Visa, MasterCard, and e-Cash cards.

Adopting this system will elevate the quality of services offered in the state's departments, especially that the new collection system makes use of the latest data technologies.

QNB, the country’s leading financial institution, had launched the pre-paid electronic card, e-Cash, in May 2005 with the cooperation of the ministries of Finance and Interiors.

The card is issued immediately in dedicated locations in QNB branches in The Mall and City Center as well as the locations of the Ministry of Interiors such as the Traffic Department, the Immigration Building, and Doha International Airport. The card will be issued in all QNB branches in the near future.

The e-Cash card is valid for two years from the date of purchase and can be recharged by QNB representatives in the previously mentioned institutions and dedicated QNB ATM machines.

According to the signed agreement with the Ministry of Energy and Industry, QNB will assign permanent employees for the purpose of issuing the e-Cash card and recharging it, in addition to providing the governmental departments with the POS machines.

The Ministry of Finance has expressed its confidence in QNB’s role as a major partner in updating the country's departments and administrations and developing their abilities. Earlier this year, QNB signed a number of similar agreements with other governmental bodies in which it accomplished this project with unparalleled experience and merit.

Contact Details


Name
Huda Salman

Job Title
Web Designer

Company
Qatar National Bank - Qatar

Telephone
974 4 407925

Email




LATEST PRESS RELEASES

0 Middle East Press Releases added today

FOLLOW US

ArabianBusiness on Twitter ArabianBusiness on FaceBook


SEARCH

By industry sector

Or by date
ArabianBusiness.com/Jobs - Middle East Jobs Search
  1. Test Engineer
    Industry: Other
    Location: Dubai, UAE
  2. Service Engineer - Mechatronics - UAE National
    Industry: Other
    Location: Abu Dhabi, UAE
  3. Product Manager
    Industry: Finance
    Location: Dubai, UAE
  4. Assistant Manager - Trade Marketing
    Industry: Facilities Management
    Location: Dubai, UAE
  5. Assistant Sales Manager (Home Theaters & DVD)
    Industry: Other
    Location: Dubai, UAE
Browse all jobs »

Gitex 2009