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Saudi orders 3-month delay to 'illegal' clampSaudi Arabia's King Abdullah has ordered a three-month delay to a crackdown on migrant workers which has led to thousands of deportations, to give foreigners in the kingdom a chance to sort out their papers. &n More… |
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Al Ansari offers mobile remittance to KenyaUAE-based Al Ansari Exchange, a leading remittance company, recently signed an agreement with FSI Capital, a leading provider of financial solutions in Kenya, to launch a mobile money transfer facility. With the launch of the Mobi More… |
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Network International buys stake in Indian firmUAE-based Network International, a leading provider of payment solutions in the region, said on Sunday it has bought a majority stake in an online remittance firm held by a unit of India's biggest media group. The Network Internatio More… |
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UAE Exchange donates $100,000 to UnicefUAE Exchange, a leading remittance and foreign exchange brand, has donated $100,000 to the campaign for underprivileged children launched by UAE Exchange and Unicef during Ramadan. This is the second time that UAE Exchange has ass More… |
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UAE Exchange marks 600th branch milestoneUAE Exchange, a leading global remittance and foreign exchange brand, recently opened the 600th branch in its global network. "Our aim of becoming the trusted neighbourhood brand has reached a new milestone,” said Y Sudhir Kumar Shetty, CO More… |
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Tax on remittances sparks NRI worriesLeading non-resident Indian (NRI) businessmen have raised concerns about the Indian government's move to tax services which include remittances to the country. From July 1, all services in India will attract a 12.36 per cent service tax as More… |
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Al Ansari, Pakistan bank in remittance tie-upAl Ansari Exchange, a leading remittance and foreign exchange services firm, has tied up with Pakistan’s Tamer Bank, facilitating instant money transfer from the UAE to 20,000 payout locations in Pakistan. Tamer Bank recently entered into More… |
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UAE Exchange voted SuperbrandUAE Exchange, a leading global remittance and foreign exchange brand, has been selected as a Superbrand by the Superbands Council in the UAE for the fourth consecutive time. "We are totally delighted,” said Y Sudhir Kumar Shetty, COO – Glo More… |
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New remittance firm eyes 8pc of UAE outflowKeyBS, a newly-launched payment solutions technology company, aims to capture between five to eight per cent of the UAE’s total remittance outflow – which is currently valued at $9.5 billion – in the next two years. In a move to achieve th More… |
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UAE Exchange, Filipino banks in remittance dealUAE Exchange, a leading global remittance and foreign exchange brand, has partnered with leading banks in the Philippines for extending the real time account credit facility to more customers. "Reducing the turnaround time of crediting to More… |
