Thu21012021

Last update08/06/2018

exchange-rates



Technology (28)

Is there any area in your life, where a smartphone cannot help?

Ironically, pondering hard only makes us discover areas where smartphone usage could be increased. *The smartphone usage alone is predicted to reach 6.1 billion by 2020 owing to the emerging economies. According to Pew Research statistics, there is a strong correlation between per capita income and smartphone ownership.

Luckily, there have been great strides in the budget smartphone market, and now it’s easy to find a perfectly capable device even under $200. Here are top 5 Android smartphones that lets you enjoy in style without pinching your pockets.

Android Smartphones below 0

Xiaomi Redmi Note 3 Pro- $199.99

USP: With 178 degree viewing angle and fingerprint sensor behind its 5.5-inch display, Xiaomi Redmi Note 3 Pro is one of the few impressive smartphones under $200 category.

The two-tone flash 16MP rear camera, and 5MP front camera captures precision pictures. Qualcomm Snapdragon 650 hexacore processor with Android 5.1 Lollipop OS (MIUI7 skin on top of it) offers great performance.

Asus Zenfone 2 Laser ZE551KL - $199.00

USP: Equipped with 3GB RAM that enables faster multitasking, Asus Zenfone 2 Laser ZE551KL is one of the best smartphones in the market below $200 category.
Asus Zenfone 2 Laser has an autofocussed 13 MP rear camera and 5MP front camera with 5.5-inch, 1,920 x 1,080 in-plane switching LCD display. The Android 5.0.2 Lollipop OS with Qualcomm Snapdragon 615 processor offers a solid performance.

Motorola Moto G (3rd Generation)-$179

USP: With IPx7 water resistant feature, Moto G 3rd generation will be up and running even after incidental water exposure for up to 30 minutes. This feature is not available in many smartphones under $200 category.

With amazing call quality and excellent noise cancellation, Moto G captures great pictures with its 13MP rear camera and 5MP front camera. The 1.4GHz Snapdragon 410 processor with Android 5.1.1 (Lollipop) OS, offers faster performance.

Samsung Galaxy Grand Prime-$180

USP: Enhanced with a superior imaging module, 8MP rear camera with LED flash and 5MP front camera, Samsung Galaxy Grand Prime offers a terrific selfie/groupfie experience for those who love budget phones under $ 200.

The attractive design built around its 5 inch display with Qualcomm MSM8916 Snapdragon 410 processor and Android 4.4 KitKat OS, offers excellent performance.

Blu Vivo Air -$199.00

USP: If you love style, then the ultra-slim flaunt worthy Blu Vivo Air with premium look and feel is the one for you. Enjoy elegance even under $200.
The picture quality is good with its 8MP rear camera and 5MP front camera. It has a 1.7GHz Mediatek MT6592 with Android 4.4 OS that offers reasonable performance.

Which is your favourite smartphone in the budget category!

(*Source: Ericsson Annual Mobility Report)

Are you a techno buff?

Gear up then, for GITEX 2016 will be your paradise. Bringing together great innovative minds from over 144 countries, the event is sure to open up unlimited possibilities in the world of technology. Dubai is hosting the GITEX Technology Week during March and October 2016 at the Dubai World Trade Centre.

GITEX Day

                                                                                                                                                                                                   Source: GITEX Page, Internet

Wondering what you should be looking for? Here are top 6 expectations.

One Million Dollar Prize Money for Start-ups

Nothing beats the charm of novelty! GITEX 2016 plans to focus on innovative start-ups from emerging sectors such as Virtual Reality, Artificial Intelligence, Media & Marketing, Finance, Transport & Logistics, Drones & Robotics, Tourism, Wearables (gadgets such as activity trackers, weight watchers sewn into the clothes and accessories we use), retail, education and healthcare.

The best start-ups could pitch and compete to win USD 1 million as prize money. This would be a great opportunity for innovators and entrepreneurs around the world to showcase their ground-breaking solutions to regional Venture Capitalists (VC) and Angel Investors.

Augmented Reality (AR), Virtual Reality (VR), Artificial Intelligence (AI)

The AR, VR and AI concepts are helping businesses create engaging interactive experience for their customers. Get the opportunity to understand from the experts, the functional design and economics of integrating AR, VR and AI into the digital vein of your organisation.

Digital Marketing

It is every organisation’s dream to be on top of their customer’s mind during the time of purchase. To achieve the same, effective marketing campaigns filled with drive and creativity needs to be executed. During this technology week, you can get experiential and interactive strategies to add the needed stimulus to your campaign that would propel your business forward.

Smart Living & Wearables

With rapid technological advancements, it is a herculean task to predict and develop digitised products according to the future needs of consumers. GITEX 2016 would be your perfect chance to understand the latest solutions in the Smart Living & Wearables market that is to reach $9 billion by 2018.

3D Printing

Slated to be the next industrial revolution, 3D printing requires a transformed way of conducting business, new way of distribution, and new process of intellectual property management. Explore the business applications and benefits of 3D printing through detailed live demos from industry experts.

GITEX Shopper Spring 2016

Filled with exciting sky high deals, bundles and offers on smartphones, smartwatches, laptops, fitness bands, tech gadgets and consumer electronics, GITEX Shopper would be the biggest IT & electronics sale happening from March 30th to April 2nd at the Dubai World Trade Centre.

Get ready to go. What are you waiting for? 

Mornings are usually peaceful, reflective and stress free for those who have joined Robin Sharma’s 5AM club or any Yoga session. For the rest of us however, they turn out to be the most stressful part of the day. Not a day goes by for an average office goer in UAE, where their morning commuting time is not filled with logistical chore anxieties. Has the heater, stove, oven been switched off? Is the door locked? Non- stop pressure on the brain, arteries, lungs and where not!

IoT

Here is when Internet of Things(IoT) proves to be your best friend, putting you out of this misery. The IoT is an overwhelming piece of innovative technology that makes your every household object work for you. The IoT concept is acquiring huge momentum globally .Dubai is one of the first few cities to drive this momentum. The Internet of Things World Forum (IoTWF) 2015 opening in Dubai on December 6-8 , is all set to focus on smart city solutions for housing, parking, lighting, and waste management in addition to integrating transportation, environmental & energy monitoring, safety & security, banking, aviation, and even education.

internet of things

 

So, what does IoT mean to us, consumers? The proliferation smart devices and appliances at home, enables us to grasp the home IoT system concept easily. IoT technology connects your smart mobile device with your household appliances, security locks, parental controls and even GPS of your family members. For example, when you head out of the house, the sensors will detect your absence and switch off the lights, fans & air conditioner. At the pre-set time, the bathroom heater will warm the water to your desired temperature. When you are about to arrive, you could turn on your coffee machine & air conditioner and heater from your mobile device at work. Your home security locks would open the doors by facially and biometrically recognizing your family. For others, you will have to approve, for the door to open.

Social/work calendar reminders, Internets browsing usage, electricity& water consumption or any shopping requirements reports are sent via mobile devices. IoT could also generate your customised grocery list by analysing your grocery stock in your refrigerator with inputs from your weighing scale. Yes in a way IoT devices talk to each other!

Technology Used

The motion & temperature sensors, Wi-Fi, Bluetooth signals, NFC, RFID , ZigBee, Z-Wave, 6LoWPAN and facial-recognition technology does the trick with parameters you have set. Personalised cloud services enable the collection and analysis of data, so that users can monitor what’s going on via their mobile apps and respond appropriately. An IoT hub corresponds with your home router and provides communications to the devices and sensors that are part of your IoT world.

Increasing Adoption

An increasing number of people are adopting IoT technology in the Middle East. Dubai, the most technologically advanced cities in the world, is rapidly transforming with digitally equipped infrastructure and smarter homes. A standing testimony to this growth is the iconic IoT event of the year.

If you want to make your home & work IoT friendly, it is a great time to buy now. Make sure, you do your research, buy trustworthy devices compatible with the mobile technology you are using.

Technology has indeed surpassed almost all human interaction. However the generation is not filled with idiots as Albert Einstein feared. They are in fact smarter, efficiently balancing their homes and profession. 

Apps that are Smarter-Than-Thou!

Monday, 05 October 2015

There’s a reason why it is called “Smartphone”. From being a mere handset to make and receive calls on the go, mobile phone instruments have become our companion (literally sometimes). People use a smartphone to read news, shop online, browse social media, keep reminders and so much more. Everyday a new mobile application is being created and developed for us to use.

Today we shall see some of the applications aka apps, that are used frequently.

smartphone utility apps

Security

What better utility a person (especially women) needs than to first safeguard themselves against miscreants! With apps such as ScreamAlarm, PoliceNearby , Safetipin, BSafe & WomenSecurity installed in the smartphone , one can always stay connected with the law & order force. Sending distress messages, GSM tracking or even mere screaming is possible using the above mentioned apps.

Mobile App Utilities

Pondering deep over the usage of smartphone technology, it was really amusing that one can easily make a list of simple things that a smartphone can offer.
Here are a few:

  • Checking the date & time
  • Solving any simple math
  • Waking up in the morning with the phone alarm
  • Pay every bill from mobile recharge to groceries to Electricity, water bills etc
  • Use it as a torch
  • Play a game
  • Browse the internet

Today’s mobile technology offers a variety of utility apps that helps us in our day to day lives. You could download a few to make life much easier.All done from one place!

Valet

This car locator app remembers where you’ve parked your car and allows you to set parking meter timers and street sweeping alarms. This would come in really handy in the parking lots of large spaces like malls, airport/railway stations or camping areas.

Google Goggles

This app helps you access information about a barcode or any product just by taking its picture. It recognizes books, DVDs, CDs and translates foreign text languages too.

View Ranger GPS & Topo Maps

If you are a camping and/or hiking enthusiast, then this app helps you access thousands of routes and trails, records your path, navigates your active route and finds out distances– all without a mobile signal. However, for real time location sharing, you will need access to mobile data.

First Aid – American Red Cross

This app offers access to expert medical advice for all conceivable emergencies. There are videos, animations and interactive quizzes that will make the act of learning first aid full of fun.

AppMgr III

Low Storage & Low Memory Errors on our smartphone can be solved by using AppMgrIII app. This app moves the installed apps to the SD card or internal storage from the phone storage which also makes the device a bit faster.

In addition, there are several apps that transfers money, pays electrical bills, water taxes, mobile recharges, DTH recharges, & even pays beauty parlour bills.

Mobile App is ubiquitous!

Smart Apps for Currency Conversion

Wednesday, 10 June 2015

Travelling to various countries is stressful enough as it is with the different languages and customs. When travelling, it's always important to know what you're paying for items, whether you are buying some trinkets or brokering a deal. The main hitch with foreign transactions is the need for an accurate conversion into the local currency. 

Money changers are available but you often need a bit of verification. Luckily for you, there are a host of currency conversion apps available for Android Smartphones that make understanding and using foreign currency easy.  Here’s a list of some.

  1. UAE Exchange This versatile app not only allows you to locate the nearest UAE Exchange branch from your current location, but also gives you detailed maps & directions to the branch. You can also check the branch address, the contact numbers and the timings. This app features currency rates & rate calculator. And registered customers can track their transaction details.
  2. Currency Converter Plus Looking for something basic? Then this app is just perfect for you. It is essentially a calculator and supports only 36 currencies. The good thing is that works well even on any low quality Smartphone with its basic system requirements.
  3. Exchange Rates is an easy to use currency conversion app. Designed to handle all world currency, it comes with a calculator and a multiple currency display. Moreover, it automatically syncs for updates to the daily exchange rate and also features access to a currency Wikipedia. 
  4. Convert Pad is an international app as it supports 23 languages and 160+ currencies. More of a unit converter to handle whatever unit of measurement or currency is needed to be converted, this versatile app, allows users to define their own units of measurement for conversion.
  5. Forex Currency Rates is a very all-inclusive app for use in currency trading. Ideal for trader or traveller, it helps to keep track of all world currencies and delivers the latest news on money trends. It allows users to effortlessly set up a favourite currency table for daily perusal, while also allowing them to trade in precious metals.
  6. Mobile Converter: another simple currency converter. This is free and offers access to 168 world currencies and can handle their conversion. The rates can be easily checked, as it can be easily set to display your favourite denominations.
  7. XE Currency: Touted to be one of the web’s best currency sites, it offers precise information. It has an easy to use interface, and gives the latest information on world currencies and precious metals. It also available for offline use and gives you historical data of shifts in prices. 

Trading has always explored new horizons to improving its functioning. New tools, new approaches were adopted to enhance convenience. Technology played a major role and trading shifted to electronic realm. Once that happened, then further advancements were faster. With constant collaborative efforts from trading communities, new instruments like FIX began to appear on the horizon.

FIX® stands for Financial Information eXchange Protocol. It has been instrumental in setting new trends in electronic trading environment, especially in the last 10 years. Millions of financial transactions are conducted every day through this non-proprietary, free and open standard. It has become the language of the global financial markets, used by trading firms, platforms and regulators. It is constantly developed to support evolving global business, regulatory requirements and minimising trade costs, while maximising efficiencies and increasing transparency.

Business entities, keen on exploring investment opportunities can benefit immensely from FIX like reduction of market entry costs, switching costs and quick communication. Series of messaging specifications form FIX Protocol language, which was actually developed for equity trading, especially pre-trade and trade environment. But its feasibility opened up more possibilities and is currently being expanded into the post-trade space. It supports straight-through processing (STP), right from indications of interest (IOI) through to allocations and final confirmations.

The unique FIX messaging standard is developed and maintained by FIX Trading Community├óÔÇ×┬ó member firms consisting of worldÔÇÖs leading financial institutions. These institutions collaborate to keep up the standard so as to meet the dynamically changing trading requirements.

 

For more information, log on to: http://www.fixtradingcommunity.org/pg/structure/tech-specs/implementation-guide/introduction

Cloud Computing — Does it really land us on the ninth cloud?

We have understood the advantages of Cloud Computing in our earlier article titled ‘The new convenience on the techno-horizon’. Now we will explore the issues which might confront us, while we choose to enjoy the conveniences of this virtual cloud. Especially smaller businesses should keep their senses open to the cons, before opting for this technology.
The risks hidden in Cloud Computing can be:

What has to go wrong, won’t that go wrong?

Information is accessible at all times is a fact, but then systems can go wrong. Murphy’s Law can cast its spell on this cloud too. The best of cloud service providers can experience technical snags, in spite of maintaining high standards. Also a good Internet connection is inevitable for you to be connected to the server continuously. Your work is bound to suffer in case you experience connectivity issues.

Your information, is it secure in other’s territory?

Security is the other major concern, while in the cloud. The convenience comes at a cost - the cost of putting your company’s sensitive information at risk, because at the end of it, you are using the territory of a third-party. Hence, you need to make absolutely sure that you choose the most reliable service provider, thus keeping your critical information completely secure.

Is your information immune to cyber attacks?

Your company’s information in the cloud is prone to cyber attacks and threats. The possibility of theft of critical data can never be ruled out in the virtual world.

So what we understand?

Cloud Computing comes with its advantages and disadvantage like all solutions offered by technology. So you need to take certain care and caution in dealing with it, to keep your business floating happily in the clouds. 

Change is a constant phenomenon in the sphere of technology. ItÔÇÖs so dynamic that by the time an organisation invests in the latest application and puts it to use, an improved version would have already appeared on the horizon. And not that the investments made are in any way small in measure. Hence cost-wise they donÔÇÖt sound wise at all. But then technology has always had a fascinating way about itself. While it poses a problem on one end, it also offers a solution for it, on the other. So as an answer to this dilemma, technology brought forth Cloud Computing, whereby you can use a network of remote servers, which are hosted on the Internet. You can store information, manage and process it on these servers, instead of doing it on your own server or a personal computer.

LetÔÇÖs explore the advantages of this innovative manner of using space.

Solutions, Automatic

You neednÔÇÖt do anything to customise your application. The cloud takes care of your requirements and integrates relevant software automatically. Cloud Computing allows you to select only those services and applications that you specifically need, thus making it hassle-free.

Get. Set. Compute!

Once you choose the required applications and the method of functioning, it actually wonÔÇÖt take much time to get going.┬á Within minutes, you can start your work without any hassles. The short turnaround time for deployment of the entire set up is an unbeatable advantage that Cloud Computing offers.

Information access, a cakewalk

Yes, once the applications are up and running, access to information from anywhere is easy. Time zones, geographic locations or any other boundaries are not hindrances anymore. All you need is an active internet connection and tons of enthusiasm.

Storage, sky is the limit

Access to information, a well running set up and loads of work generates lot of data. But then with Cloud Computing, data storage is not an issue at all. The cloud gives you unlimited space to store your critical information. You neednÔÇÖt worry about stepping up the storage space anymore.

Simple Back-up. Easy Recovery.

Now, Cloud Computing is not just saving you from storage issues, but if your data is lost, retrieving and restoring is also relatively easy. The service providers generally offer information back up and recovery services. This relieves you off the hassles of going for traditional methods of creating back up or retrieving lost data. Saving, retrieving and restoring are much simpler tasks now.

Penny wise. Pound wiser.

Simple of course life has become, but with Cloud Computing, you will find it cost efficient too. Using, maintaining or upgrading has become lighter on the wallet as the heavy costs of software, hardware and licensing for multiple users, have been reduced to almost negligible levels. Also the various options like one-time-payment, pay-as-you-go etc., make it super convenient.

Work life has definitely become convenient with Cloud Computing. But wait a bit before you get on to your ninth cloud, for we will also be discussing the disadvantages of this wonder cloud, soon.

 
 

Summary: Mobile payments can upgrade your life, but it is equally important to be aware of risks involved therein, to take essential precautions and make your experience really enriching.

The significance of mobile money is becoming increasingly evident with more and more people choosing the channel for handling financial tasks such as money transfer and bill payments. According to technology research firm Gartner, value of mobile payment transactions is set to go beyond $235 billion in 2013, which is a substantial increase by 44% from 2012. The number of people using mobile payments is likely to be 245.2 million in 2013, according to the same research , which is an increase from 200.8 million in 2012 (Source: Gartner).

In addition to increased convenience, mobile money has been to known to bring a brighter impact in rural regions of developing countries where banks or other financial services are mostly non-existent. People in these areas leverage the cost-effective mobile channel to receive and save money, and improve their standard of living.

Real Life Applications of Mobile Payments

You can use mobile money for a range of activities, from paying for your car parking; transferring money to your childÔÇÖs school; sending money to the hospital to handle a medical emergency; to transferring money to another country. The most common real life applications of mobile payments include:

  • Payments at retail outlets
  • Bill payments
  • Micropayments (Payments involving low amounts, which cannot be paid through debit or credit cards ($5, ┬ú7, etc.))
  • Money transfers (domestic or international)
  • Salary reception

Technological advancements widen the possibility of inclusion of more innovative services within the ambit of mobile payments.

 Types of Mobile Payment Frauds

  1. Vishing or Smishing ÔÇö This type of fraud involves extraction of sensitive financial information such as your bank account numbers and PIN, through a tricky phone call or SMS. For example, you may receive a call or SMS that your bank account has been compromised and that your details would be essential to solve the issue. The message or call specifies either a website or a phone number that you need to use to give your bank account or credit card details.
  2. Advance or Upfront Fee ÔÇö You may be asked to deliver money upfront to avail a service or product, or to contribute to a cause. You are more likely to lose money if you follow the fraudsterÔÇÖs instructions and make a mobile payment in advance.
  3. Money Reversal Requests ÔÇö A fraud that most merchants may have fallen prey to, this happens when you sell products or services and get paid in mobile money. Your customer places a request for the order and once a delivery has been made, he or she calls the mobile network service provider to cancel the order; common reasons that fraudsters give for cancellation are that the order was made by mistake, or that the call was placed to the wrong phone number.
    The fraudster then requests reversal of money placed for the order. You stand to lose money if the phone operator cancels the order without checking with you.Such opportunities of fraud often occur due to poor technological infrastructure of the mobile network operator. With advanced technology, it is possible to integrate merchant systems with communication networks of mobile network operators and provide live transaction updates.
  4. Identity Theft ÔÇö Employees of your mobile network operator may make use of your financial information to gain unlawful access to your funds. Employees may also collude with fraudsters and leverage security drawbacks of the mobile network service provider to access your financial accounts. Agents of mobile phone operators, too, may be involved in such fraudulent activities.

Most of the time frauds can be averted by choosing a reliable mobile payment service provider. Ask questions about the service providerÔÇÖs technology and policies to combat fraud. Companies must have strict Know Your Customer (KYC) policies, customer profile building and monitoring, employee and agent monitoring, and reliable technologies, to fight fraud.

Have you ever been a victim of mobile payment fraud? Share your story here. Tell us what we can do as a mobile payment service user to prevent becoming fraud victims.

Visit www.uaeexchange.com 

 

Dubai, United Arab Emirates,┬á November 04, 2012 - The head of Mobile Money Transfers at UAE Exchange, Sumit Bakshi, says most stakeholders in the industry are trying to do everything by themselves and that there is huge scope for collaboration. UAE Exchange is the worldÔÇÖs largest operator of international money transfer services, with a presence across 32 countries. Mr Bakshi is a leading expert speaker at the upcoming Connected World Forum taking place from 19-22 November in Dubai. Mr Bakshi believes that the industry is still in an exploratory phase and that ÔÇ£right now, all across the entire spectrum of launches there is only one, M-Pesa, which can be really called successful.ÔÇØ

He continues: ÔÇ£the problem right now that we are seeing is that most people are trying to do everything by themselves. The banks, if they launch something they want to do everything by themselves. If a telecom operator launches a product they want to do everything by themselves. I think there is a huge scope for collaboration and third party like UAE Exchange to be brought into the picture. Everyone working in their own domain, still collaborating, can come up with a very, very viable product.ÔÇØ

Financialisation biggest challenge According to Sumit Bakshi, the biggest challenge for the UAE Exchange is financialisation. He explains: ÔÇ£For the UAE Exchange it is slightly different. We are not a bank, and we are not telecom operators. But we think there is room for a third party led model like us who have experience of handling retail financial services, and who have very strong ground presence. Technologically we do not have any issues; we have a very strong technical team who can handle any new advancement in technology. But it is the regulatory environment around the realisation of actual funds for remittance that causes us the biggest problem.ÔÇØ

Convenience ultimate decider for end user The UAE ExchangeÔÇÖs Sumit Bakshir says ultimately, the mobile money end user will be drawn by the convenience of it: ÔÇ£Initial acceptance or rather initial trials can be built on the novelty factor of the service. But, their attention will be based on convenience. If they can actually see that it is more convenient than me zipping out my wallet and paying, then only will they stick to it.ÔÇØ

Connected World Forum More than a thousand lifeline services experts are gathering in Dubai for the Connected World Forum, incorporating Mobile Money Global and Mobile Health Global, from 19-22 November in Dubai. More than 100 leading industry experts will address the conference while some 70 exhibitors will display the latest lifeline technology and services.

The Connected World Forum consists of three separate streams: Mobile Money, Mobile Health and Mobile Life.  Event dates: 19 November: Pre-conference workshop, Mobile Money and Mobile Health Academy 20-21 November: Mobile Money, Mobile Health and Mobile Life Conference days 20 November: Connected World Forum Awards 22 November: Post-conference workshop: Mobile Money and Mobile Health Academy

Location: Atlantis The Palm, Dubai, UAE

 

Beefing up the remittance options for mobile money

Mobile financial services player, BICS, claims it's opening up the "mobile remittance corridors" towards Africa with a new partnership. I. D. Scales reports.

BICS, which describes itself as "a leading global provider of wholesale carrier services and a pioneer in the mobile financial services market" has teamed up with money transfer company, Xpress Money, to mobilise remittances to Africa by the African diaspora (Africans living and working abroad).

As VISA's mobile money research indicated (see this week's -  Naming the jar: why language is important for mobile banking) the industry is still really getting to grips with what mobile money is all about and why and how potential users would like to see it develop.

The initial thrust  -  that it's all about providing banking to the hitherto unbanked, especially in developing countries - is not really the picture that has emerged from research and, err, by actually asking the people involved.  Turns out potential users don't want banking as much as they want better ways to move cash about.  Especially more secure ways in countries where security is a constant worry. Getting your remittance money safely back to your family via your mobile is clearly a real boon.

This deal, claim the parties, will enable the African diaspora to transfer money back home in various increments instantly and cost effectively - there's that safety angle again.

Xpress Money has 135,000 agent locations across the world. Mobile subscribers in Africa that use mobile wallet services will be eligible to receive the money transfers facilitated by the agreement.

 

PNB, Xpress Money, UAE Exchange launch prepaid remittances card

KOCHI: State-run Punjab National Bank, Xpress Money and UAE Exchange has unveiled a prepaid remittance card -- PNB Xpress Money Remit Card -- offering multiple benefits.

The new card features unique combination offering multiple benefits which includes receiving overseas remittance without opening a savings bank account, KR Kamath, PNB's Chairman and Managing Director said during the launch function.

The card can receive a maximum of 30 remittance in a year.

The product would ensure a more cost effective and secure way for NRIs of sending money to relatives in India.

It would also help in increasing the convenience levels of customers who would be able to enjoy multiple benefits such as money transfer, ATM withdrawal's and enjoy the convenience of a debit card while shopping from one single product.

Besides, the card could be used among others by students and overseas patients who come to India for treatment.

 

Mangalore: Mass Marriage by Bearys Welfare Forum - 16 Couples Tie the Knot

Mangalore: Mass Marriage by Bearys Welfare Forum - 16 Couples Tie the Knot

Spoorthi Ullal Daijiworld Media Network - Mangalore (BG)

Mangalore, Nov 4: Bearys Welfare Forum, Abu Dhabi organized mass marriage for 16 couples at Milagres Church Hall here on Sunday November 4.

The Nikhah was performed by Mangalore Qazi Twaka Ahmed Musliyar. Udupi Qazi P M Ibrahim Musliyar inaugurated the event. UAE Exchange COO, Y Sudhir Kumar Shetty and Althaf Kateeb, partner, Suhail Al Mazroui Est, Abu Dhabi were the guests of honour.

B A Mohidin, former state minister was the chief guest.

Speaking after the inauguration, Udupi Qazi Ibrahim Musliyar said that such kind of good works are needed in order to strengthen the community. "Mass marriage is a sacred and divine work, through which we will be blessed in the after-life also," he said.

"Brides have to be selected for their knowledge towards the religion and not their beauty. As priority is being given only to beauty, the present day troubles in life are occuring," he added.

Sudhir Shetty said that people from here go abroad mainly for the purpose of earning a livelihood. "People abroad are busy with their jobs, but associations like BWF are doing laudable work. Public support by all means is required for such associations in order to come up and render their service further."

B A Moideen in his address said that Islam is a pure religion and the present situations or issues wouldn't have been there if the religion had been followed perfectly. "There would have been no neccessity to organize mass marriages if Islam had been properly followed," he opined.

He also suggested that the forum members have constant contact with the wedded couples and collect feedbacks, instead of limiting themself themselves to only conducting the marriages.

Haji S M Rasheed, chairman, Melkar educational trust, M B Abdul Rahiman, former president, Karnataka Beary Sahitya Academy, Muhammed Badruddin, chairman, Al Wafa Charitable Trust, Mangalore, Haji B M Mumtaz Ali, chairman, Al Badriya Educational Institutions, Krishnpura, Janab Mohammed Ammen, president, Kanara Chamber of Commerce and Industry and B M Shareef, owner, Ocean Gold were also present.

A large number of relatives, friends, well-wishers of the couples and BWF members attended the ceremony.

 
 

Page 2 of 2