Thursday 25 December 2014
 
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money exchange

UAE's exchange industry faces shake out as costs rise

Some money exchange firms in the United Arab Emirates may have to merge and others could be forced to close as they struggle with rising capital and compliance costs and some banks refuse to do business with them, the head of an industry body sa

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UAE shuts two money exchange firms over violations

The UAE, a major financial hub in the Middle East, has revoked the licences of two money exchange companies for non-compliance with regulations including rules against money laundering, the central bank said on Wed

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UAE shuts two money exchange firms over violations

The UAE, a major financial hub in the Middle East, has revoked the licences of two money exchange companies for non-compliance with regulations including rules against money laundering, the central bank said on Wed

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Wall Street in Jordanian tie-up

Wall Street Exchange has entered into a partnership with Al Samhouri Exchange, a leading Jordanian money exchange company, to facilitate speedy remittances to Jordan at attractive rates. Wall Street Exchange is the financial services subsi

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Wall Street Group names new CEO

Wall Street Group, a subsidiary of Emirates Post, has appointed Khalid Hassan as its new CEO. Hassan will overlook Wall Street's regional and international expansion plans, according to director general of Wall Street Exchange Centre Abdul

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