UAE Exchange

TerraPay announces the strategic hire of Sudhesh Giriyan to lead the global remittance business

Retrieved on:

Tuesday, February 21, 2023

Growth, Alumni, IIM, Indian Institute of Management Bangalore, Knowledge, Marketing, Management, Remittance, UAE Exchange

LONDON, Feb. 21, 2023 /PRNewswire/ -- TerraPay, a leading global payments infrastructure company, announced the appointment of Sudhesh Giriyan as President & Global Head of Remittances, today.

Key Points:

LONDON, Feb. 21, 2023 /PRNewswire/ -- TerraPay, a leading global payments infrastructure company, announced the appointment of Sudhesh Giriyan as President & Global Head of Remittances, today.
Strengthening the company's senior leadership, this strategic appointment supports TerraPay's continued global expansion.
His extensive experience in spearheading companies to new heights of success will play a critical role in accelerating the growth of TerraPay's global remittance business.
Speaking about his new role at TerraPay, Sudhesh Giriyan said, "I am really excited to join TerraPay as the company's global expansion gains momentum.

TerraPay announces the strategic hire of Sudhesh Giriyan to lead the global remittance business

Retrieved on:

Tuesday, February 21, 2023

Growth, Alumni, IIM, Indian Institute of Management Bangalore, Knowledge, Marketing, Management, Remittance, UAE Exchange

LONDON, Feb. 21, 2023 /PRNewswire/ -- TerraPay, a leading global payments infrastructure company, announced the appointment of Sudhesh Giriyan as President & Global Head of Remittances, today.

Key Points:

LONDON, Feb. 21, 2023 /PRNewswire/ -- TerraPay, a leading global payments infrastructure company, announced the appointment of Sudhesh Giriyan as President & Global Head of Remittances, today.
Strengthening the company's senior leadership, this strategic appointment supports TerraPay's continued global expansion.
His extensive experience in spearheading companies to new heights of success will play a critical role in accelerating the growth of TerraPay's global remittance business.
Speaking about his new role at TerraPay, Sudhesh Giriyan said, "I am really excited to join TerraPay as the company's global expansion gains momentum.

India's $40.21 Billion Remittance Market (2022-2027): Increase in Government Initiatives - Diaspora Bonds Drives Market - ResearchAndMarkets.com

Retrieved on:

Thursday, March 31, 2022

Market dynamics are forces that impact the prices and behaviors of India's Remittance Market stakeholders.

Key Points:

Market dynamics are forces that impact the prices and behaviors of India's Remittance Market stakeholders.
India's Remittance Market is segmented based on Appliance, Channel, Type, and End User
Appliance, the market is classified into Consumption, Saving, and Investment.
The analyst analyses India's Remittance Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, the analyst has devised suitable strategies for market growth.

Global Remittance Market to 2030 - Featuring Bank of America, Citigroup and MoneyGram International Among Others - ResearchAndMarkets.com

Retrieved on:

Tuesday, March 22, 2022

The "Remittance Market by Application, Remittance Channel and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Remittance Market by Application, Remittance Channel and End User: Global Opportunity Analysis and Industry Forecast, 2021-2030" report has been added to ResearchAndMarkets.com's offering.
Rise in mobile-based payment channels and cross-border transactions and decrease in remittance transfer time & cost drives the growth of the market.
However, rise in number of financial crimes and lack of awareness for digital remittance is expected to impede the market growth.
The global remittance market is segmented on the basis of remittance channel, application, end user, and region.

Worldwide Remittance Industry to 2030 - Technological Innovations in Digital Remittance Industry Presents Opportunities

Retrieved on:

Wednesday, March 23, 2022

Remittance is referred as money sent from one location to another via electronic payment system, mail, draft, and wire transfer.

Key Points:

Remittance is referred as money sent from one location to another via electronic payment system, mail, draft, and wire transfer.
Rise in mobile-based payment channels and cross-border transactions and decrease in remittance transfer time & cost drives the growth of the market.
However, rise in number of financial crimes and lack of awareness for digital remittance is expected to impede the market growth.
Furthermore, technological advancements in digital remittance industry is expected to provide lucrative opportunities for the market growth.

UAE Exchange Rebrands as Unimoni in Tanzania

Retrieved on:

Tuesday, February 4, 2020

Finance, Internet, Professional services, Technology, Software, Western Asia, Geography of Asia, Foreign exchange companies, UAE Exchange, Countries, Finablr, United Arab Emirates

UAE Exchange, a leading financial services brand in Tanzania and a Finablr company, announced the rebranding of its operation as Unimoni.

Key Points:

UAE Exchange, a leading financial services brand in Tanzania and a Finablr company, announced the rebranding of its operation as Unimoni.
Pradeep Kumar, Chief Executive Officer, Unimoni & UAE Exchange, said, With strong smartphone and mobile internet penetration, along with the greenfield potential that it holds, Africa as a region occupies a key position in the growth plans of Unimoni.
Unimoni currently offers money transfer, foreign currency exchange, bill payments and other value-added services in Tanzania.
Riyaz Naghoor, Country Head, Unimoni Tanzania, said, We are excited to unveil the Unimoni brand in Tanzania.

UAE Exchange Rebrands as ‘Unimoni’ in Hong Kong

Retrieved on:

Monday, December 23, 2019

Finance, Internet, Professional services, Technology, Software, UAE Exchange, Financial services, Companies, Service companies

UAE Exchange Hong Kong Limited, a leading financial services provider in Hong Kong, today announced that it has rebranded its operation in Hong Kong as Unimoni Limited (referred to as Unimoni).

Key Points:

UAE Exchange Hong Kong Limited, a leading financial services provider in Hong Kong, today announced that it has rebranded its operation in Hong Kong as Unimoni Limited (referred to as Unimoni).
With this, Hong Kong becomes the latest country where UAE Exchange has adopted the Unimoni brand and joins the global Unimoni network present across key markets in APAC, Americas, Africa and the Middle East.
View the full release here: https://www.businesswire.com/news/home/20191222005032/en/
UAE Exchange rebrands as Unimoni in Hong Kong - with customers at the Unimoni Hong Kong branch (Photo: AETOSWire)
Unveiling the new brand, Praveen Kumar Pankajakshan Nair, Director of Unimoni Limited, said: Introducing Unimoni in Hong Kong is in line with our groups vision to facilitate seamless financial services to our customers.
In Hong Kong, we provide a broad spectrum of in-store and online money transfer and foreign currency exchange solutions for retail and corporate customers.

Jollychic Obtains Online Payment License for Jollypay, Becoming One of the First in the UAE

Retrieved on:

Friday, July 19, 2019

Geography of Asia, Countries, Western Asia, Abu Dhabi, United Arab Emirates, Du, UAE Exchange, Red Dot Payment

ABU DHABI, United Arab Emirates, July 19, 2019 /PRNewswire/ -- The online payment platform Jollypay has been licensed to conduct online payment in the United Arab Emirates (UAE), becoming one of the first foreign companies to have a license of this kind in the UAE.

Key Points:

ABU DHABI, United Arab Emirates, July 19, 2019 /PRNewswire/ -- The online payment platform Jollypay has been licensed to conduct online payment in the United Arab Emirates (UAE), becoming one of the first foreign companies to have a license of this kind in the UAE.
As a significant part of Jollychic's shopping platform, Jollypay began in 2017 specializing in the establishment of payment and services system.
It has so far completed the construction of secure and easy payment systems in a fully connected manner independently.
Launched in 2017, Jollypay is a leading international provider of payment solutions, specializing in the construction and service of payment systems.

DEWA Adds 700MW to M-Station, Largest Power and Desalination Plant in UAE

Retrieved on:

Tuesday, April 30, 2019

Energy, Alternative energy, Utilities, Other Energy, Transport in Dubai, Geography of Asia, Persian Gulf, Countries, Water, Dubai Electricity and Water Authority, Dubai, Jebel Ali, UAE Exchange, Desalination, United Arab Emirates, Al Maktoum International Airport

HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance, and President of Dubai Electricity and Water Authority (DEWA), inaugurated the extension project of M-Station in Jebel Ali, the largest power and desalination plant in the UAE.

Key Points:

HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, Minister of Finance, and President of Dubai Electricity and Water Authority (DEWA), inaugurated the extension project of M-Station in Jebel Ali, the largest power and desalination plant in the UAE.
View the full release here: https://www.businesswire.com/news/home/20190430005472/en/
DEWA adds 700MW to M-Station, largest power and desalination plant in UAE (Photo: AETOSWire)
HE Saeed Mohammed Al Tayer, MD & CEO of DEWA, noted that the total cost of M-Station with its extension reached AED 11,669 billion with a current production capacity of 2,885 megawatts (MW) and 140 million gallons of desalinated water per day.
The expansion cost AED 1,527 billion and added new generating units with a capacity of 700MW.
The completion of the Jebel Ali M-Station expansion marks another milestone in the long history of Siemens and DEWA as strategic partners.

Sims Recycling Solutions (SRS) Dubai Moves to New Location

Retrieved on:

Wednesday, December 12, 2018

Economy of Dubai, Geography of Dubai, UAE Exchange, Jebel Ali Free Zone, Sims Recycling Solutions, Jebel Ali, Dubai, Geography of the United Arab Emirates, Emirate of Dubai, Geography of Asia

DUBAI, United Arab Emirates, Dec. 12, 2018 /PRNewswire/ --Sims Recycling Solutions (SRS), a leading global provider of electronics recycling and IT asset disposition (ITAD) services,moved to a larger facility in Jebel Ali due to overwhelming demand for services in the UAE.

Key Points:

DUBAI, United Arab Emirates, Dec. 12, 2018 /PRNewswire/ --Sims Recycling Solutions (SRS), a leading global provider of electronics recycling and IT asset disposition (ITAD) services,moved to a larger facility in Jebel Ali due to overwhelming demand for services in the UAE.
"We had outgrown our previous facility," stated Stephen Phelan, managing director for SRS Middle East and North Africa.
The new site is approximately 5 kilometres from the former location, and can be found at Warehouses LIU10 BB01-BB03, Jebel Ali Free Zone South, Dubai, UAE .
Sims Recycling Solutions (SRS) serves local, national and global clients across a range of industries, to securely and responsibly recycle and manage the disposition of IT equipment and electronic products.