British foreign exchange company Travelex is seeking to list on the London stock exchange in May or June this year, two sources familiar with the matter said on Friday, in a deal which one said could value the company at more than 1 billion poun
BBK has reported a 7.1 per cent growth in net profit at BD14 million ($37.13 million) for the three months ended March 31, when compared with BD13.1 million for the same period last year.
The earnings per share reported for the pe
UAE Exchange, a global leader in remittance and foreign exchange, remitted around $14 billion from the United Arab Emirates in 2013, largely to South Asia.
In a statement, UAE Exchange said that growth in remittances from UAE was
Egypt's tourism revenue sank by 41 percent to $5.9 billion in 2013 in comparison with a year earlier, Tourism Minister Hisham Zaazou said on Tuesday, a further sign of pressure on one of Egypt's main sources of foreign currency.
National Bank of Kuwait has been named the best foreign exchange provider in the Middle East by Global Finance (GF) magazine.
GF has listed the World’s Best Foreign Exchange banks and providers by country, region and categor
HSBC reported a 10 percent rise in third quarter profits on Monday, helped by tighter cost control and fewer losses from bad loans, and confirmed it was being investigated as part of a global probe into currency market trading manipulation.
Net profit at Qatari telecoms company Ooredoo plunged in the third quarter mainly because of foreign exchange losses from its Indonesian affiliate Indosat, the company said yesterday.
Profit fell 58 per cent to QR337 million ($92.
UAE Exchange, a leading global remittance and foreign exchange brand with direct operations spanning over 30 countries, has completed 33 years of operations.
“Trust turns 33!” exclaimed Y Sudhir Kumar Shetty, COO
London Business School, which has presence in London, New York, Hong Kong and Dubai, has signed a landmark MoU with China’s State Administration of Foreign Exchange (SAFE) to deliver its education programmes to its employees.
UAE-based LuLu Group will open three more hypermarkets in Bahrain and also make a foray into the kingdom’s healthcare sector, its managing director said.
Yusuffali said the group had many more interesting projects in the pip