Monday 20 October 2014
 
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Remittance

UAE Exchange enables Task Spotting payments

UAE Exchange, a leading remittance and foreign exchange brand, has partnered with Task Spotting, an innovative mobile app technology platform, to offer the latter’s network of users the convenience of collecting their earnings.

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UAE Exchange, India bank ink remittance deal

UAE Exchange, the leading global remittance and foreign exchange brand, has tied up with Punjab National Bank (PNB) to enable Indian expatriates, who have an account in PNB, to credit money in their accounts in real-time. Dr B R S

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UAE Exchange transfers $14bn from emirates

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

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Emirates Islamic launches remittance offer

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched a remittance offer until the end of the year. Under this offer, customers can benefit from competitive rates and zero transaction fees on

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EIB launches GCC currency remittance drive

Emirates Islamic Bank (EIB), a leading Islamic financial institution in the UAE, has announced the launch of a foreign currency remittance campaign focused on GCC currencies. The offer, which is valid till November 20, offers spec

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Saudi remittance totals to $27.6bn

The World Bank ranked Saudi Arabia as the second top remittance-sending country in the world after the US, with an estimated flow of over $27.6 billion in 2012, said a report.   The UAE comes second in the GCC with $20.3 billi

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UAE Exchange marks 33 years of global ops

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

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LuLu plans 3 more hypermarkets in Bahrain

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

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LuLu launches remittance unit in Bahrain

UAE-based LuLu Group yesterday opened the first branch of its remittance and foreign exchange business in Bahrain, with its managing director announcing plans of three more hypermarkets and an entry into the kingdom's healthcare industry.

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UAE planning tax on remittances abroad

The UAE is considering whether to impose a tax on the billions of dollars which foreign guest workers send back to their home countries every year, said government and banking sources. It is unclear whether authorities will procee

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