UAE Exchange

UAE Exchange India | February 23, 2017

UAE Exchange India received Best Sales Agent Award for outstanding Business contributions from GoAir in the lively function held at Le-Meridian, Kochi on 22 February 2017. Top travel agents from South India attended the exclusive program honouring the best performer in the travel industry. Mr. Gaurav Pewtari, Regional General Manger Western South India, Mr. Praveen Kumar, Regional General Manager South India, Mr. Vishal Legad, General Manager Retail and Mr. Hemanth Patil, City Manager- Kerala an...

Usnews | December 12, 2018

United Arab Emirates-based UAE Exchange and U.S. startup Ripple plan to launch cross-border remittances to Asia via blockchain by the first quarter of 2019, UAE Exchange's group CEO said in an interview. Asia was one of the biggest recipients of the roughly $613 billion in remittances sent globally last year, with a large swathe coming from expatriate workers in the Middle East, where UAE Exchange, part of payments and foreign exchange company Finablr, is one of the main players. Most funds ...

Tesla | January 13, 2020

Tesla stock continued to rally Monday, rising 5% and passing $500 per share for the first time. That puts Tesla at a fresh all-time high as it continues to soar on its entrance into China and optimistic delivery figures. The stock has more than doubled over the past three months, according to FactSet. The recent gains bring Tesla’s market cap to about $90 billion, which is nearly $5 billion more than that of General Motors and Ford combined. The companies’ market caps, which measure ...

Credit Suisse | January 13, 2020

The Bloomberg Commodity Index Total Return was higher for the month, with 20 of 23 constituents posting gains. Credit Suisse Asset Management observed the following: Energy increased 6.89%, led higher by Crude Oil and petroleum products, amid OPEC+'s announcement of new production quotas for 2020 in an attempt to rebalance oil markets. Agriculture returned 5.75%. Soybean Oil rose as Indonesia and Malaysia plan to increase crude palm-oil (CPO) content in biodiesel in 2020 while Malaysian palm...