Wednesday, May 06, 2009
Gulf News
Dubai: UAE Exchange and National Bank of Egypt (NBE) have entered into an agreement by which UAE Exchange would provide remittance service to the Egyptian community in UAE through its branches.
"This new partnership would benefit expatriates from Egypt with facilities to remit money conveniently from UAE to Egypt. The availabilty of NBE's network throughout Egypt and our quality of service will help customers benefit from inward remittances," said Zeineb Hashim, Senior General Manager - Treasury and Financial Institution of NBE.
"This arrangement would be mutually and synergistically beneficial. NBE, being one of the leading banks in Egypt, would help UAE Exchange reach out to a wider base of Egyptian population," said Abdullah Humaid Ali Al Mazroui, Chairman of UAE Exchange.
"This tie-up would also help to strengthen UAE Exchange's network worldwide by identifying and associating with capable partners across the globe," said Dr BR Shetty, UAE Exchange's Managing Director and CEO.
Gulf News 2009. All rights reserved.
