July 24, 2024

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UAE’s Foreign Trade and Remittance Group announces new office environment bearers

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Mohamed Ali Al Ansari, Chairman, FERG
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The International Exchange and Remittance Group (FERG), a non-profit organization comprising of firms engaged in the company of income trade and remittances in the UAE, declared its new office bearers that had been selected by committee customers all through the group’s to start with committee assembly of the 12 months held at the Pullman Dubai Downtown on Sunday.

Adeeb Ahamed, Vice-Chairman, FERG
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The newly elected workplace bearers are as follows:

Chairman: Mr. Mohamed Ali Al Ansari

Vice chairman: Mr. Adeeb Ahamed

Secretary: Mr. Rajiv Raipancholia

Treasurer: Mr. Antony Jos

Joint treasurer: Mr. Imad Ul Malik

Advisory board member: Mr. Osama Al Rahma

Rajiv Raipancholia, Secretary, FERG
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FERG’s committee customers was elected in November 2020 and introduced in the course of the Yearly Typical Meeting (AGM). The committee users include Al Ansari Trade, Al Fardan Exchange, Al Ghurair Exchange, Al Razouki Global Trade, Al Rostamani Global Exchange, Pleasure Alukkas Trade, Index Exchange, LuLu Intercontinental Exchange, Orient Trade, Redha Al Ansari Exchange and Wallstreet Trade.

Antony Jose, Treasurer, FERG
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The freshly elected committee customers will play a important job in liaising with regulators and legislation enforcements on behalf of FERG associates. They will also add to the expansion and enlargement of the Team alongside with the overseas exchange and remittance field in the UAE.

Imad Ul Malik, Joint Treasurer, FERG
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FERG has frequently taken up issues and recommendations that have led to favourable policy amendments by various authorities in the UAE. FERG’s position in functioning along with its users and the authorities had been instrumental in getting federal government approvals and permitting exchange properties to continue its organization through the COVID-19 lockdown previous calendar year.

Osama Al Rahma, Advisory Board Member, FERG
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As the representative of exchange residences in the UAE, FERG has also constantly worked to enrich mastering and improvement initiatives to maintain the greatest specifications of safety and compliance in the sector, which has in change helped discourage income laundering and other dubious money transactions. The Team has diligently created instruction modules, to train team of member organisations at distinctive levels across departments to far better equip them to safeguard the passions of prospects and other stakeholders.

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