UAE Exchange partners UNICEF for the underprivileged children

• UAE Exchange contributes AED 100,000 for the underprivileged children
• Fourth consecutive year of association between UAE Exchange and UNICEF

The holy month of Ramadan inspires acts of kindness, good deeds and charity, and such deeds done during this month are considered to be very sacred. As children are the future of any society, helping children overcome the barriers they face to achieve a healthy and bright future takes on special significance during this holy month.

Mr. Y. Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange, handing over a cheque to Dr. Ibrahim El Ziq, UNICEF Gulf Area Representative and Ms.Ourania Dionysiou, Advisor on partner relations for the Gulf, UNICEF. Also present in the photograph is Mr. Varghese Mathew, Country Head – UAE Exchange, UAE.

UAE Exchange, the leading foreign exchange and money transfer brand, understands this perfectly and has tied up with UNICEF (United Nations International Children’s Fund) this Ramadan, donating AED 100,000 to help children around the world. This is the fourth consecutive association of UAE Exchange and the UN body.

Mr. Y. Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange, said, “Depriving children of primary education is depriving society of progress. UNICEF has taken up a herculean task of helping those children who are in greatest need, thus providing them with an opportunity to improve their lives. UAE Exchange, as a socially conscious organisation, has always stood for causes that impacted the betterment of the society. Here too, we take pride in associating with UNICEF for this noble cause of bringing more smiles to the future generation.”

Dr. Ibrahim El Ziq, UNICEF Gulf Area Representative said, “We are grateful for the continued support of our partner UAE Exchange over the last four years. By working with UAE Exchange and other partners, we are able to reach more children and help them survive and thrive. We look forward to a continued strong relationship that would benefit more children over the coming years.”

UAE Exchange strives to go beyond profits, to make a difference in the society by touching the lives of everyone positively. The remittance major regularly ties up with various NGOs to stand up for various social, humanitarian and environmental causes.

The event for handing over the cheque was attended by senior officials of UAE Exchange, UNICEF and special invitees.

About UAE Exchange
UAE Exchange is a leading global remittance and foreign exchange brand with over 700 branches across 32 countries, which makes it the largest globally networked remittance brand. Its network of 150 correspondent banks adds to the might. In the UAE it has 135 branches, of which 16 are in Dubai Metro network.

UNICEF promotes the rights and wellbeing of every child, in everything it does. Together with its partners, it works in 190 countries and territories to translate that commitment into practical action, focusing special effort on reaching the most vulnerable and excluded children, to the benefit of all children, everywhere. For more information about UNICEF and its work visit: http://www.unicef.org

For more information log on to: www.uaeexchange.com

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UAE Exchange awarded Dubai Chamber CSR Label again

The leading global remittance and foreign exchange brand was awarded with the Dubai Chamber CSR Label for the second consecutive year, 2013. The award function took place on the 21st of January, 2014.

UAE Exchange has always believed in emerging into a model corporate citizen. In its 33+ years of active presence in the industry, the remittance major has ensured that it contributed towards forming a stable and healthy society. These efforts were recognised by the Dubai Chamber CSR Label, which awarded the CSR Label to UAE Exchange for the second consecutive year. The event took place on the 21st of January, 2014 at the Dubai Chamber premises. Mr. Varghese Mathew, Country Head, UAE Exchange – UAE, received the award from His Excellency Abdul Rahman Saif Al Ghurair, Chairman, Dubai Chamber Board. The Dubai Chamber of Commerce and Industry honoured 13 major organisations for their efforts to lead by example in corporate social responsibility and sustainability.

On the occasion, Mr. Varghese Mathew said, “Receiving the Dubai CSR Label for second time is a great motivation for all of us at UAE Exchange. We have always aimed at making a difference to the society, beyond profits. Utmost care has been taken to touch upon the lives of everyone positively, empowering communities; contributing to economies; serving and replenishing the society at large. This is a very proud moment for all of us and we hope to bring about transformation and celebration into our society furthermore.”

The Dubai Chamber CSR Label has been designed to provide a free diagnostic framework, as well as a learning and development tool that will help companies to define and improve their CSR strategy, policies, and management practices. It is tailor-made for the Middle East, specifically for the UAE, and is based on international standards and best practices. Streamlining CSR initiatives in corporates; reviewing, evaluating and providing feedback of a company’s CSR strategies and actions; creating better communication between companies and stakeholders on CSR commitments, are some of the objectives of this initiative.

Over the years, UAE Exchange has joined hands with many Non-Governmental Organisations (NGOs) to stand up for various humanitarian and environmental causes. In 2012, the remittance major held a nation-wide campaign ‘Mission Zero Suicide’ to help expatriates to cope up with the economic crisis leading to financial instability. UAE Exchange regularly ties up with UNICEF and UNWFP for various social and environmental causes. As an organisation, UAE Exchange has always been sensitive towards those, who haven’t been fortunate enough and always felt the need to add value to their lives. It is these efforts, which have found recognition.

The event was attended by senior officials of UAE Exchange, special invitees and the Media.

For more information, visit www.uaeexchange.com

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UAE Exchange donates $100,000 to UNICEF

Dubai, UAE, 29thAugust 2012: The campaign for underprivileged children by
UAE Exchange and The United Nations Children’s Fund – UNICEF, during the holy month of Ramadan, came to an end with the global money transfer donating USD 100,000 for the cause. This is the second time that the remittance major has associated with UNICEF after 2011.
During Ramadan, when customers made a transaction at the branches, UAE Exchange contributed on their behalf to UNICEF, which works for children’s rights, their survival, development and protection.

In 2011 the campaign was conducted only in the UAE, the flagship market of the leading global remittance and foreign exchange brand. This year the canvas of the campaign was wider as
UAE Exchange involved five countries, in which it has its operations. The contribution was sourced from every remittance transactions sent through the branches of the remittance major in UAE, Oman, Kuwait, Qatar and Bahrain, without levying any extra charge on the customers.

“When we wish for anything good, the entire universe conspires to make it happen. That is exactly what happened this holy month of Ramadan, when we wished to give back to the society, bringing smiles to the underprivileged children. Our little universe of customers came together to make it happen”, said, Mr. Y. Sudhir Kumar Shetty, COO – Global Operations, UAE Exchange. “We constantly look out for opportunities to give back to the society and customers put their faith in our commitment for the cause and supported wholeheartedly. With UNICEF by our side, we also knew that our efforts will bear fruit and bring that smile on those innocent faces.”

Mr. Promoth Manghat, Vice President – Global Operations, UAE Exchange, said, “We have tried to make the underprivileged children’s tomorrow better, today. In line with our CSR vision, we partnered with UNICEF, again, to bring hope to the citizens of tomorrow. Like every initiative of ours, this too found a warm welcome from among our customers, whose support gave us the courage to fulfill it and we are extremely grateful to them. We are happy that we could be instrumental in making some difference to the lives of these children, positively.” UNICEF, with its strong presence in more than 190 countries and territories, is known for its initiatives to bring good health, education and protection to all underprivileged children across the world.

“UAE Exchange and its customers stood up again”, said Dr. Ibrahim El-Ziq, UNICEF Representative to the Gulf Area Office. “We are thankful to UAE Exchange and every single customer, who transacted for the cause. UNICEF, dedicated to the welfare of underprivileged children, has always thrived on strong partnerships worldwide. UAE Exchange has already proved to be a reliable and credible partner. By widening the scope of the campaign across five countries, it has proved that it’s an organisation with a heart that throbs for the society, especially children”, added Dr. El-Ziq

UAE Exchange is known to offer bank transfers, instant money transfers, online money transfers, foreign currency exchange, payroll management solution and otherpayment solutions, across its counters. The company also known for its social commitments, has been instrumental in bringing aid to those affected due to natural disasters and other social issues.

The event of handing over of the cheque for the donated amount was attended by senior officials from UNICEF and UAE Exchange, along with special invitees and the Media.

For more information log on to: www.uaeexchange.com
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