The Al Rostamani International Exchange (ARIE) has been a market leader in providing foreign exchange services in the UAE for over three decades. It is owned and managed by the highly reputed Al Rostamani Group of the UAE - a business conglomerate with net assets of over US$ 1 Billion and employs more than 3000 people.
In 1997, Al Rostamani International Exchange (ARIE) became the first financial institution in the Middle East to achieve ISO Certification covering all its branches and operations. In 1998, it won the prestigious Dubai Quality Appreciation Programme. In 2005, it became the first in the trade to be a part of the Dubai Service Excellence Scheme of the Government of Dubai for all its Dubai branches. The two big achievements of all to date, are to be rewarded with the Dubai Quality Award in 2003 and Dubai Human Development Award in 2009 under the Finance Category.
The company offers a wide range of foreign exchange products including demand drafts in over 40 currencies, multi currency funds transfers to over 100 countries, encashment of travellers cheques, and exchange of all convertible and exotic foreign currencies. ARIE is the Super Agent for MoneyGram, Xpress Money and Coinstar Money Transfer, world leaders in instant international money transfers.
In addition to retail operations, ARIE serves corporate clients with a commercial foreign exchange division at each branch. Key benefits include better exchange rates and lower charges, evening trading, free collection and delivery, dial-a-draft and internet services. It also has a separate wholesale foreign money division that trades in foreign currencies with banks and other financial institutions.
ARIE's has over 300 well trained financial professionals serve its customers through 21 one stop shop branches, located in the key town centers all over the UAE using a fully computerized operating system and sophisticated dealing room equipped with terminals directly linked to international markets.
ARIE is a committed corporate citizen. It supports community care projects such as blood donation campaigns and charitable initiatives. Through the Cloth Aid Programme, which was launched in 2001, ARIE gathered and redistributed used clothing to needy people around the world. Until the 31st of December 2005 ARIE was able to collect clothes worth AED 2,000,000. Hundreds of children and needy people in Sudan, Yemen, Somalia, Tanzania, Iraq, and Senegal have benefited from this programme. ARIE has supported the Flood victims of South India and Philippines in 2009 and also been part of many initiatives of the Government of UAE.