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News & Press Releases

March 72021
Female expats in the UAE more likely to remit a higher portion of their salaries than men

Female expatriates in the UAE are more likely to remit a higher proportion of their salaries compared with men despite the gender wage gap, according to new data by th...

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March 72021
نمو التحويلات المالية من السيدات في الإمارات 2020

كشفت مجموعة مؤسسات الصيرفة والتحويل المالي في الإمارات عن تسجيل زيادة في معدلات التحويلات ...

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February 222021
UAE's foreign exchange and remittance group announces new office bearers

The new office bearers were selected and announced during the Group's first committee meeting of the year Dubai, UAE: The Foreign Exchange and Remittance Gro...

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November 12020
Foreign Exchange and Remittance Group: Message from the Chairman

Making a significant contribution to the UAE economy The Foreign Exchange & Remittance Group (FERG) has existed for over 12 years and in its short span, ...

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November 12020
Foreign Exchange & Remittance Group honours CBUAE on 4 decades of excellence and growth

FERG officials congratulate the Central Bank of the UAE on 40th anniversary The Central Bank of the UAE (CBUAE) has contributed immensely to the sustainable ...

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September 192019
«مؤسسات الصيرفة» تتعاون مع شرطة دبي لمكافحة الجرائم المالية

دبي (الاتحاد) وقعت «مجموعة مؤسسات الصيرفة والتحويل المالي» مذكرة تفاهم مع شرطة دبي، به...

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September 182019
Anti-fraud training: New steps to curb financial crime

Deal signed to train staff of over 100 exchange houses in the UAE

Dubai: Employees of over 100 exchange houses in the UAE will undergo training to curb ...

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April 12019
FERG Highlights Anti-money Laundering issues


The UAE's Foreign Exchange and Remittance Group(FERG) held the third edition of its annual Anti-money laundering(AML) & Operations Heads conference at the ...

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October 202018
FERG ORGANIZES FOOTBALL TOURNAMENT FOR 16 EXCHANGE HOUSES IN THE UAE

FERG organizes football tournament for 16 exchange houses in the UAE . Players raise awareness on breast cancer by wearing pink wrist bands Dubai. UAE – 20 October, ...

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November 292017
DP awareness training

Caution is key at exchange houses • Khaleej Times
• 21 Aug 2017
• Rohma Sadaqat  — Photos by Neeraj MuraliExperts disc...

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November 292017
UAE central bank orders

UAE Central Bank orders closure of money exchange Committee formed to evaluate losses to customers and compensate them Abu Dhabi: The UAE Central...

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January 42015
FERG Launches New Online Presence To Serve USD 30 Billion Exchange And Remittance Industry In UAE

The Foreign Exchange and Remittance Group (FERG) has announced the launch of its new online presence to better represent the voice of the UAE's USD 30 billion exchange...

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May 32015
Foreign Exchange And Remittance Center’S Train Staff To Combat Crime

Foreign Exchange and remittance center’s train staff to combat crime Training held to teach staff how to identify potential criminals, counterfeit currenci...

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May 52015
FERG Members Waive Remittance Charges To Nepal For The Month

FERG members waive remittance charges to Nepal for the month The Foreign Exchange and Remittance Group (FERG), comprising of businesses engaged in money exch...

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May 192015
Curbing Cyber Crime

Digitisation helps industry to offer consistent quality of services. Dubai: When it comes to sending remittances home, the expatriate community in the UAE pr...

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May 192015
Global Banking Regulations Pose Threat To Money Exchanges

Industry body to discuss its concerns with lenders and the central bank Dubai: The currency exchange houses that are primarily engaged in money transfer and ...

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