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FERG reports growth in remittances by women in the UAE

FERG reports growth in remittances by women in the UAE
ABU DHABI, 25 days
ago
Highlighting the growing participation of women in the global economy, the UAE’s Foreign Exchange and Remittance Group (FERG) has revealed that there was an increase in remittances by women in the UAE in 2020.

According to data collected by FERG from its member exchange and remittance companies, on average women represented 25% of remitters in the UAE in 2020. The data also revealed that remittances by Asian women in the UAE saw the most significant year-on-year growth, followed by Arab and African women, respectively. The top corridors with the highest remittances done by women in the UAE are the Philippines, India, Pakistan, Nepal, Sri Lanka, Indonesia, Egypt, Morocco and Uganda. ....

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FERG reports growth in remittances by women in the UAE

FERG reports growth in remittances by women in the UAE
ABU DHABI, 25 days
ago
Highlighting the growing participation of women in the global economy, the UAE’s Foreign Exchange and Remittance Group (FERG) has revealed that there was an increase in remittances by women in the UAE in 2020.

According to data collected by FERG from its member exchange and remittance companies, on average women represented 25% of remitters in the UAE in 2020. The data also revealed that remittances by Asian women in the UAE saw the most significant year-on-year growth, followed by Arab and African women, respectively. The top corridors with the highest remittances done by women in the UAE are the Philippines, India, Pakistan, Nepal, Sri Lanka, Indonesia, Egypt, Morocco and Uganda. ....

Sri Lanka , Adeeb Ahamed , Mohamed Ali Al Ansari , Remittance Group , Foreign Exchange , Lulu Exchange , Sustainable Development Goals , Tradearabia News Service , United Nations , Al Fardan Exchange , Fardan Exchange , Ali Al Ansari , Gender Equality , Vice Chairman , Middle East Trade News , Gcc Business News , Industry News , Trade News , Business Directory , Project News , Premium Content , ஸ்ரீ லங்கா , மொஹாமெட் அலி அல் அன்சாரி , பணம் அனுப்புதல் குழு , வெளிநாட்டு பரிமாற்றம் , லுலு பரிமாற்றம் ,

UAE's Foreign Exchange and Remittance Group announces new office bearers

Advisory board member: Mr. Osama Al Rahma
Rajiv Raipancholia, Secretary, FERG
Image Credit: Supplied
FERG’s committee members was elected in November 2020 and announced during the Annual General Meeting (AGM). The committee members include Al Ansari Exchange, Al Fardan Exchange, Al Ghurair Exchange, Al Razouki International Exchange, Al Rostamani International Exchange, Joy Alukkas Exchange, Index Exchange, LuLu International Exchange, Orient Exchange, Redha Al Ansari Exchange and Wallstreet Exchange.
Antony Jose, Treasurer, FERG
Image Credit: Supplied
The newly elected committee members will play a key role in liaising with regulators and law enforcements on behalf of FERG members. They will also contribute to the growth and expansion of the Group along with the foreign exchange and remittance industry in the UAE. ....

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