Al Rostamani International Exchange (ARIE) Company has been a market leader in providing Foreign Exchange Services in the UAE for nearly three decades. It is wholly owned and managed by the highly reputed Al Rostamani Group of UAE- a business conglomerate with net assets of over US$ 550 Million and employs more than 3000 people.
In 1996, Al Rostamani International Exchange (ARIE) Company became the first Financial Institution in the Middle East to achieve ISO Certification covering all its branches and operations. Two years later, it won the prestigious Dubai Quality Appreciation Programme. In 2003, it became the first in the trade to win the Service Excellence Scheme recognition of Government of Dubai for all its Dubai branches. The biggest achievement of all till date is the winning of the Dubai Quality Award for 2003 under the Financial Sector.
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. It is the 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 over 300 well trained Financial Professionals serve the customers through 17 one stop shop branches, located in the key town centers all over 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, launched in 2001, to gather and redistribute used clothing to the needy people around the world, the Company has been able to collect clothes worth AED 2,000,000/- as on 31st December 2005. Hundreds of Children and needy people in Sudan, Yemen, Somalia, Tanzania, Iraq, and Senegal have benefited from the Programme.