IslamicFinance.de

The Western Union Company has launched “Apna Sapna”, a Financial Literacy Programme for migrant workers in the UAE to help them develop the awareness and skills to manage their finances and plan for the future. “Apna Sapna”, which in Hindi means “Our Dream”, is endorsed by the UAE Labour Ministry and aims to address the challenges of migrant workers who are often unsure about how to achieve their long-term financial goals. With the “Apna Sapna” programme, Western Union intends to train 3,000 people over two months through face-to-face training sessions which will take place across a number of labour camps in the UAE.

Saudi Postal Corporation and Alinma Bank, one of the fastest growing banking institutions in Saudi Arabia, have entered into an agreement with Western Union to offer Western Union money transfer services in the kingdom. Under the agreement, remittance services will be offered through the Ersal money transfer service which is the money transfer joint venture launched by Saudi Post and Alinma Bank in 2013. Starting in Ramadan, the service will be available at 15 post office locations across the kingdom, taking the number of Western Union locations in the country to over 200.