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
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
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
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.
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
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
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
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
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
Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange, has won the ‘NRI of the Year Award’ in the professional category.
The awards were instituted together by ICICI Bank, India’s largest private sector bank