foreign exchange


BR Shetty Steps Down As Co-chair And Director Of Finablr

Middle East Business News - Published date: .

UK's HMRC has moved to suspend business registrations of UAE Exchange UK Ltd. and Xpress Money Services Ltd Read more

Travelex Lenders To Take Control Of Firm As Part Of New Agreement

Middle East Business News - Published date: .

The embattled company will be split into two separate platforms, Travelex said in an update Read more

Finablr's Auditors EY Resign Over List Of 'concerns'

Middle East Business News - Published date: .

Non-executive directors Abdulrahman Basaddiq and Bassam Hage have also resigned Read more

Saudi Central Bank Affirms Commitment To Currency Peg Against Dollar

Middle East Business News - Published date: .

Saudi Arabian Monetary Authority to maintain exchange rate at 3.75 riyals to the dollar Read more

Embattled Finablr-owned Travelex Goes Up For Sale

Middle East Business News - Published date: .

BR Shetty has resigned from the board off Travelex, although he remains in place as chairman and majority stakeholder at... Read more

Finablr Appoints US Investment Bank As Independent Financial Advisor

Middle East Business News - Published date: .

Earlier in April, Finablr also announced that it appointed former Network International CEO Bhairav Trivedi as CEO Read more

Finablr's $200m IPO To Be Completed By Mid-May

Middle East Business News - Published date: .

Finablr CEO Promoth Manghat said he expects the listing will allow the firm to scale up and explore new opportunities in... Read more

UAE Remittance Group Calls For Safer Landscape To Fight Financial Fraud

Middle East Business News - Published date: .

Threats and risks are rapidly evolving, according to the vice-chairman of the Foreign Exchange and Remittance Group (Fer... Read more