Dubai / Emirates Business The Foreign Exchange and Remittance Group (FERG), comprising businesses engaged in money exchange and remittances, has recorded a 10-15% increase in foreign currency exchange transactions for 2016 compared to the same period last year. Data compiled by the organisation from the ledgers of member exchange houses also shows a spike in foreign exchange purchase transactions …

  Sharjah / WAM More than 650,000 visitors have attended the first four days of this year’s Sharjah International Book Fair (SIBF) a record in its 35-year history. Data indicates that the current edition of the fair, which concludes next Saturday at Expo Centre Sharjah, will break the record for overall number of visitors at a single edition, surpassing last year’s …

  Dubai / WAM The Department of Economic Development (DED) in Dubai, announced its support to the ‘GCC Manufacturing Excellence and Technology Summit’, which will focus on different methods to effectively manage the challenges in achieving operational efficiency and excellence in manufacturing. Saed Al Awadi, CEO of Dubai Exports, the export promotion agency of DED, and Brad Hariharan, Regional Director of …