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PRESS RELEASE

Date: 17th May 2016

Title: UAE Exchange accelerates skill development among Emirati jobseekers

First remittance brand to be conferred with Dubai Quality Gold Award

One of the Top Employers in the UAE recognised by the Great Place to Work Institute
Participating for the 9th time in the Careers UAE 2016

Dubai, 17 May 2016: The United Arab Emirates (UAE) is home to millions of strong
work force but off late, the country is witnessing a rise in the demand for skilled
workers. In alignment with the UAE governments vision, both public and private sector
organisations are playing their role in bridging this gap. One such organisation in the
private sector is UAE Exchange, the leading global remittance, foreign exchange and
payment solutions brand.

Remittance industry is one of the major contributors to the economy of the UAE.
Inspite of the slump in oil prices and global economic volatility, this industry has steadily
grown and offers various growth opportunities. As one of the major remittance brands,
our focus has been to create a knowledgeable and competent talent pool that is always
a step closer to its customers across communities. Taleem, one of our popular
internship and training programme, has always attracted Emiratis. It helps the Emirati
students to gain intensive on-the-job training, enhance industry knowledge, develop
professional skills as well as earn a stipend and certificate after completion of the
programme, said Y.Sudhir Kumar Shetty, President, UAE Exchange.

Participating for the 9th time in the Careers UAE 2016, UAE Exchange reiterates its
commitment towards the governments vision of Emaratisation. It plans to recruit 150
UAE nationals through this platform for its branch operations, spread across the seven
emirates. The brand also offers the Emirati with the convenience of choosing their job
location, mentorship by experienced senior staff, practical training programme in Arabic
and English all-year-round, employee engagement and skill development programmes
among others.

Known for their customer centricity and excellence in service, UAE Exchange was
recently conferred with the Dubai Quality Gold Award, making it the first ever remittance
brand to win such a coveted award. The brand was also ranked among the top best
employers to work with in the UAE by Great Place to Work Institute

About UAE Exchange

UAE Exchange commenced its operations in 1980. Today, it has grown into a leading
global remittance, foreign exchange and payment solutions brand. Headquartered in
Abu Dhabi, the brand has spread its footprint across the world. With close to 800
branches spread across 31 countries in 5 continents, it has emerged as the widest
globally networked remittance brand. Strong correspondent banking relationship with
over 140 global banks and smart technology add to its might. Over 9000 professionals,
representing more than 40 nationalities, strive to achieve excellence and bring delight to
more than 13.2 million customers worldwide. UAE Exchange is an ISO certified brand
and member of prestigious global associations, recognised and awarded for its quality
and business excellence. For more information, please
visit: www.uaeexchange.com, https://www.facebook.com/uaeexchange or http://www.u
aeexchangeblog.com/.

About Careers UAE 2016

Careers UAE, now in its 16th year, is the leading national platform for both, job seekers
as well as employers looking for skilled, bright Emirati talent. It is organised by the
Dubai World Trade Centre, in conjunction with TANMIA, Higher Colleges of Technology
and UAE University. Careers UAE enables talented UAE nationals in all fields to come
face-to-face with recruiters and hiring managers from leading employers. Careers UAE
is designed to expose job seekers to a wide range of training and career opportunities.

For more information, please contact:

UAE Exchange Quill Communications

Vijayam Varghese Manager, Content & PR Vinisha Khatwani PR Account Manager

Tel: +971 2 4945 483 Tel: +971 4 4390 490
Mob: +971 50 2143 494 Mob: +971 55 4636 544
Email: vijayam.varghese@uaeexchange.com Email: vkhatwani@quillmena.com

This press release was distributed by the International Trade Council.

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