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FINANCIAL NEWS
Al Ansari Exchange includes 5,515 firms in WPS network
31 Oct 2010
(MENAFN) Mohammad Ali Al Ansari, Managing Director of Al Ansari Exchange announced that the company has included 5,515 companies in the Wages Protection System (WPS) to ensure security and accountability for employees and employers, reported Al Khaleej Times.
WPS, a payroll regulation required by the UAE Ministry of Labour and the Central Bank aims to provide secure and convenient disbursement of salaries.
The Managing Director announced that Al Ansari Exchange has opened five new branches in Dubai?s Sonapoor area, Muhaisnah; and Al Khail Mall, Al Qouz, Sharjah and is soon to open another branch in Abu Dhabi?s Yas Island as a result of the expansion.
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