Dubai eGovernment ePay revenue rises 60%

11/08/2010 - Dubai Lifestyle News
Dubai eGovernment ePay revenue rises 60%

Posted by Neil King

Revenue collected through the Dubai eGovernment's ePay system rose 60 per cent in the first half of 2010 compared to the same period last year, new figures show.

According to official data, a total of AED 1.1 billion - generated through 835,000 transactions - was collected through ePay in the first six months of this year on behalf of all the participating Dubai government departments, WAM News Agency reported.

The ePay system allows customers to electronically pay their bills and settle dues for various government services in a safe and secure manner.

The 2010 figure marks a substantial increase on the AED 700 million and 712,000 transaction recorded in the first half of 2009, with the number of government departments involved remaining fixed at 22 during the two periods.

According to the WAM News Agency, Dubai's Roads & Transport Authority, the Dubai Electricity and Water Authority and Dubai Customs were the top three departments respectively in terms of the number of transactions achieved.

The news comes after Dubai Investments, the largest investment company listed on the Dubai Financial Market, recently reported an AED 474 million net profit for the six-month period ended June 30th, 2010.

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