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
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
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
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
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
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.
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
Bahrain Financing Company (BFC), a leading money transfer and foreign exchange firm, has announced the launch of its 36th branch in the kingdom.
Catering to the highly populated expat community in Saar, the branch is located in Sa
Expats in the GCC annually remit an estimated $120 billion, with $48.3 from Saudi Arabia and this is expected to increase 20 per cent this year, said a report.
Saudi Arabia tops the remittances with $48.3 billion, said the Arab Ne
Indian expatriates in the Gulf every year send back home $40 billion, said a senior official.
This accounts for more than half of $69 billion which the World Bank says is the total remittance by Indians worldwide, said a Gulf Dail