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Latest Articles See All. Expand Your Knowledge See All. Most Popular. What is Dogecoin? XPay; a mobile bill payment application was also purchased in India.
In March Sudhir Shetty left the business. Prior to his role as president of the business which he had held since , he had served as its chief operating officer. On 16 March UAE Exchange suspended all new transactions citing "certain operational challenges" in an emailed statement. Administrators Kroll were appointed to carry out an independent investigation into its finances.
On 17 March , Finablr , of which UAE Exchange is a part, announced that it has engaged an accountancy firm to undertake rapid contingency planning for a potential insolvency appointment, [15] with administration likely later in the week.
Gulf Times - Forex
The firm may only carry out payment service activities. The consortium said that they planned to restructure the group provide the subsidiaries, including UAE Exchange with working capital. From Wikipedia, the free encyclopedia. Abu Dhabi. UAE Exchange.
View: Kerala's remittance rush may be over for good
Archived from the original on Retrieved The National. Muscat Daily News. Retrieved — via londonstockexchange. Retrieved — via standard.
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Gulf News. Archived from the original on 18 March