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Dubai Airports, Travelex extend partnershipDubai Airports and Travelex, one of the world’s largest currency exchange network, have this week solidified a five-year partnership which will see three additional outlet openings including the first Travelex at Dubai World Central (DWC). More… |
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New VAT refund appointment service at Heathrow AirportTravelex has partnered with Heathrow to launch VAT Refund by Appointment, a new service for customers reclaiming their tax when leaving the UK. Customers flying from Heathrow Terminal 5 can now book private refund appointments for More… |
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UAE Exchange, Travelex secure $890m loanThe majority shareholders of UAE Exchange and Travelex have closed an $890 million loan that will be used to support the two foreign exchange companies' growth plans, according to a statement on Monday. The loan, which can be More… |
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BRS ‘Deal of the Year 2015’ award for Travelex acquisitionBRS Ventures and Holdings, jointly owned by renowned businessmen from Middle East - Saeed Bin Butti Al Qubaisi, Dr B R Shetty and Khalifa Bin Butti Omeir Al Muhairi, has won The Banker’s ‘Middle East M&A Deal of the Year 2015&rsq More… |
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Travelex, UAE Exchange to merge and list in Abu DhabiForeign currency exchange firm Travelex will be merged with money transfer company UAE Exchange and listed in Abu Dhabi by early on in 2017, new owner Bavaguthu Raghuram Shetty said. The Indian-born billionaire along with Abu Dhab More… |
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UAE Exchange owner gets $800m loan to buy TravelexA loan of up to $800 million to help Abu Dhabi-based entrepreneur B R Shetty acquire a majority stake in foreign exchange operator Travelex has been completed, two sources aware of the matter said on Monday. The facility, arranged More… |
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Bahrain Travelex customers cash inTravelex, a leading foreign currency exchange specialist, is handing out cash rewards to lucky winners of its Cash Prize promotions across all Bahrain branches. Ladan Khan, a truck driver from Kerala, is one of two grand prize winners w More… |
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UAE tycoon wins $800m loan deal to buy TravelexGoldman Sachs and Qatar National Bank (QNB) are arranging a $800 million loan to help Abu Dhabi-based entrepreneur B R Shetty acquire a majority stake in foreign exchange operator Travelex, he said on Tuesday. "The jumbo tran More… |
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UAE Exchange owner BR Shetty acquires TravelexUAE businessman Dr B R Shetty, the owner of UAE Exchange, together with equity partners associated with Centurion Investments, have entered into an agreement to acquire Travelex Holdings Limited, a leading foreign exchange firm, from funds advis More… |
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UAE Exchange 'in talks to buy Travelex'Private equity firm Apax is in talks to sell Travelex to the owner of the UAE Exchange, two sources familiar with the matter said on Thursday, suggesting a rethink of its planned 1 billion-pound ($1.7 billion) listing of the foreign exchange com More… |
