IAMTN Goes Gulf, Announces MT Conference

Remittance industry think tank International Association of Money Transfer Networks announced the launch of their new conference MONEY TRANSFERS DUBAI 2008 to take place on the 28th April 2008 at Habtoor Resort in Dubai. The United Arab Emirates, being the financial powerhouse of the Gulf is also a successful example of the thriving economy, fully utilising the advantages of the modern mobile workforce, with expatriate community exceeding 80% of its 4.3 million population. These foreign workers transferred an estimated US$8.1 billion back to their families in 2007. Both formal and informal money transfer operators play a very important role in the Gulf financial services landscape. Regulation, global business development, customer behaviour, technology, investment potential – these are issues addressed at the conference.