New regulations, that were introduced in December 2018, have helped money exchange houses compete in the global transaction market and stay relevant.
That's the word from Rajiv Raipancholia, Treasurer of the Foreign Exchange and Remittance Group.
He told ARN News that the more stringent checks will mean better relationships between the houses and banks going forward.
UAE looks to deepen Panama ties as trade jumps nearly 50%
The UAE is looking to strengthen trade and investment ties with Panama after non-oil trade between the two countries rose by almost 50 per cent last year.
Al Tayer calls for global action on critical minerals to power clean energy transition
Saeed Mohammed Al Tayer, Chairman of the World Green Economy Organisation (WGEO), has called for stronger international cooperation and investment in critical minerals, describing them as essential to achieving global climate goals and accelerating the transition to clean energy.
UAE, US strengthen economic and financial partnership during Washington talks
The UAE and the United States have reaffirmed their commitment to expanding economic cooperation during a series of high-level meetings in Washington, D.C., led by UAE Minister of State Saeed Al Hajeri.
RTA signs AI partnerships with Chinese firms to boost future transport projects
Dubai's Roads and Transport Authority (RTA) has signed two strategic agreements with Chinese technology giants Huawei and CASCO SIGNAL to accelerate the use of artificial intelligence, smart transport systems and digital infrastructure across the emirate's future mobility projects.
Levitating
Dua Lipa
Let Me Be
The Second Voice & Elvin Cena
Never Forget You
Mnek Ft. Zara Larsson
