Monday 22 September 2014
 
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UAE Exchange

UAE Exchange claims 6pc of global remittances

UAE Exchange, the single largest player in the remittance industry in the GCC, has over six per cent of share in the global remittance market, said a top official. “Remittances from this region is almost 50 per cent of remit

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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 tycoon wins $800m loan deal to buy Travelex

Goldman Sachs and Qatar National Bank (QNB) are arranging a $800 million loan to help Abu Dhabi-based entrepreneur B R Shetty acquire a majority stake in foreign exchange operator Travelex, he said on Tuesday. "The jumbo tran

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UAE Exchange named ‘Brand of the Year’

UAE Exchange, a leading global remittance and foreign exchange company, has been voted as ‘Brand of the Year’ by Superbands, owing to its supremacy in the market, longevity and customer loyalty. The company received th

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UAE Exchange remittances to Sri Lanka hit $290m

UAE Exchange, a leading remittance and foreign exchange brand, transferred $290 million, from across the globe, to Sri Lanka in 2013, contributing five per cent of the total remittance inflows to the country. In a statement, the c

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Etisalat, UAE Exchange to ease bills payments

Etisalat, UAE’s leading telecom operator, has partnered with UAE Exchange, a leading global remittance and foreign exchange brand, to offer seamless payment solutions significantly enhancing customer convenience across the country.

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UAE Exchange owner BR Shetty acquires Travelex

UAE businessman Dr B R Shetty, the owner of UAE Exchange, together with equity partners associated with Centurion Investments, have entered into an agreement to acquire Travelex Holdings Limited, a leading foreign exchange firm, from funds advis

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UAE Exchange 'in talks to buy Travelex'

Private equity firm Apax is in talks to sell Travelex to the owner of the UAE Exchange, two sources familiar with the matter said on Thursday, suggesting a rethink of its planned 1 billion-pound ($1.7 billion) listing of the foreign exchange com

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UAE Exchange plans pension scheme for expats

The UAE Exchange has joined hands with Alankit Assignments, a leading financial and health care service player in India, to offer pension and life insurance schemes for Indian expatriates. As per the agreement, UAE Exchange will b

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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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