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PRESS RELEASE

Date: 9th March 2016

Title: UAE Exchange Recognised As A Great Place to Work

Dubai, March 9, 2016: Working for an organisation that offers a work-life balance is a
blessing but working for an organisation that rewards and helps improve skills of its
team is a richer blessing. One such organisation that inspires and motivates its staff is
UAE Exchange, the leading global remittances, foreign exchange and payment
solutions brand. In a survey conducted by Great Place to Work, UAE Exchange
ranked among the top 20 best employers in the UAE.

UAE Exchange CEO Promoth Manghat (left) and UAE Exchange President Y Sudhir Kumar Shetty (right)
receiving the Great Place to Work Award

In a glittering award ceremony held on March 8, 2016 at Jumeirah Zabeel Saray in

Dubai, the brand was officially recognised as one of the Top Companies to Work for in
the UAE by Great Place to Work. The survey was based on the confidential feedback
of employees and an audit of management practices.
We are delighted to be recognised by Great Place to Work for this award. Our people
are our strength. This award speaks about the commitment of our staff representing
different nationalities coming together to create a positive work culture. The resilience
with which the team rises to any occasion is commendable. Their strength encourages
us to explore new horizons, drive the business forward and achieve the vision of the
organisation. The various employee engagement programmes also instill the core
values of the organisation and build team spirit, which leads to a healthier and
productive work culture punctuated with innovation. People are offered new
opportunities to come up with ideas to improve processes and service quality, thus,
fulfill their aspirations of career growth, said Promoth Manghat, CEO, UAE
Exchange.

Commenting on the Top Companies list, Maha Zaatari, Managing Director of Great
Place to Work in the UAE said, Congratulations to all 20 companies that made it onto
our 2016 list. The expansion of the 2016 list is testament to the value UAE companies
place on human capital development. There is no doubt that this years competition was
the toughest since we introduced the annual benchmarking programme six years ago.
The top 20 list makers truly understand how investing in their workplace cultures leads
to stronger business and people performance within their organisations.

About Great Place to Work

Great Place to Work is a global research, training and consultancy firm that identify the
best workplaces in over 50 countries worldwide. To select the Top Companies to Work
for in the UAE, the firm conducts an evaluation of each participating company. Two-
thirds of the companys score is based on the results of the Institutes proprietary Trust
Index survey, which is sent to the employees from each company. The survey asks
questions related to their attitudes about the managements credibility, employee
engagement and job satisfaction. The other third of the scoring is based on the
companys responses to the Institutes Culture Audit, which includes detailed questions
about pay and benefits programs and a series of open-ended questions about hiring,
communication, and development. Details of the full list can be found
at www.greatplacetowork.ae.

About UAE Exchange

UAE Exchange commenced its operations in 1980. Today, it has grown into a leading
global remittances, 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/.

This press release was distributed by the International Trade Council.

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