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16 May 2025

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Dh51bn remitted through UAE Exchange

UAE Exchange, a key player in the global remittance and foreign exchange market, revealed that expats, mostly Indians,

Rs14 to a dirham again; expats up remittances

Indian expatriate investors and remitters spurred by the weakening of the Indian rupee, have increased volumes of

Remittances to Pakistan more expensive with new fee

Sending remittances to Pakistan from the UAE could become expensive as foreign exchange houses have warned of levy

More currencies likely on DGCX futures list

The Dubai Gold and Commodities Exchange (DGCX), the first exchange in the region to trade futures in commodities, is

Lankans holding foreign passports can buy land

People of Sri Lankan origin currently holding foreign passports are to be granted concessions to invest in the real

China sets plan to halt further decline in FDI

China's Commerce Ministry has submitted a proposal to the state council pleading for top authorities to take measures

DIB foreign ownership limit raised to 25%

Dubai Islamic Bank (DIB) on Tuesday announced that Foreign Ownership Limit allowed for the bank has been increased by

IPL6: Rajasthan Royals fined $18.8m for forex breach

Owners of Indian Premier League side Rajasthan Royals were on Monday slapped with a fine of one billion rupees ($18.8

DIFX plans to offer derivatives trading

The Dubai International Financial Exchange (DIFX) plans to offer futures and options based on stocks listed on the

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Al Razouki Exchange opens 3 new branches in UAE

Al Razouki International Exchange has opened three new branches in Abu Dhabi and Dubai, taking total number of branches

UAE Exchange applies for small bank licence in India

UAE Exchange, a money transfer and foreign exchange firm, has applied again for a small banking licence in India in a

UAE Exchange bids for finance company Dunia: sources

UAE Exchange, a global remittance and foreign exchange business headquartered in Abu Dhabi, is among bidders for