IndiansinKuwait.com - India Kuwait News and updates

IndiansinKuwait.coom

Kuwait to use electronic stamps next December

KUNA Monday, October 17, 2016

Kuwait's Ministry of Finance will stop dealing with traditional stamps and change to electronic ones starting next December, a step in line with the ministry's goal to modernize all financial services and transactions, the Ministry's Undersecretary Khalifa Hamada said Monday.

The Kuwaiti official's statement to KUNA came during his participation at GITEX Technology Week currently held in Dubai.

Hamada added that the new electronic system will be applied with best standards and will facilitate data extraction.

The ministry is carrying on some other projects, namely the state's unified electronic payment systems which aims at gathering fines and other transactions in one location.

Since its inception in 1981, GITEX has grown to be one of the most influential technology events in the world, giving visitors access to the latest products and services. The event will continue till October 19th.


  IndiansinKuwait.com is now on WhatsApp Channel    Follow Channel


📣 IndiansinKuwait.com is now on Telegram. Click here to join our channel (@IIK_News) and stay updated with the latest headlines


Disclaimer:Statements and opinions expressed in the article are those of the authors and written by them; the author is solely responsible for the content in this article. IndiansinKuwait.com does not hold any responsibility for them.
Read this article online at

Express your comment on this article

Submit your comments...
     
Disclaimer: The views expressed here are strictly personal and IndiansinKuwait.com does not hold any responsibility on them. We shall endeavour to upload/publish as many of the comments that are submitted as possible within a reasonable span of time, but we do not guarantee that all comments that are submitted will be uploaded/published. Messages that harass, abuse or threaten other members; have obscene, unlawful, defamatory, libellous, hateful, or otherwise objectionable content; or have spam, commercial or advertising content or links are liable to be removed by the editors. We also reserve the right to edit the comments that do get published. Please do not post any private information unless you want it to be available publicly.

Community News

 
TEF Conducted “Public Speaking” Training Program for TEF Children

Tamilnadu Engineers Forum (TEF), Kuwait is a leading Engineers Association, the one & only ISO 9001:2015 certified non-Profi...

FOKE Mangaf Central Unit organized Chess and Rubik's Cube Competition

Friends of Kannur Kuwait Expats Association (FOKE) Mangaf Central Unit organized Chess & Rubik's Cube Competition for FOKE m...

Indian Basketball Association (IBA) conducted Clinic for Basketball Officials

INDIAN BASKETBALL ASSOCIATION (IBA)conducted a clinic for basketball officials, steered by Mr.D K Dileep Founder & General ...

AJPAK organised picnic and Eid-Vishu celebration

Alappuzha District Expatriate Association Kuwait (AJPAK) organized a picnic and Eid-Vishu celebration on Friday, April 12, 2...

Rising Star Cricket Club Kuwait organized Iftar gathering

Rising Star Cricket Club Kuwait organized Iftar gathering with a message of unity and love. Many social and cultural ac...

go top