UAE firm forays into new digital solutions

DUBAI: Horizon Exchange, a long-standing exchange house based in the UAE, has unveiled its new headquarters and brand identity to signify its commitment to foray into digital solutions.

Previously based in Deira, Horizon Exchange has found a new home for its main branch in Karama: a neighborhood historically synonymous with rooted families, local businesses, and vibrant commerce. The company will run out of the Karama Shopping Complex and continue to provide remitance, currencyexchange,andinstantmoneytransfersolutions to commercial and individual clients.

Speaking about the move, Hamid Ali, Senior Operationsmanagerathorizonexchange,said:“we have enjoyed the loyalty and trust of our customers for the past 17 years. Moving our headquarters to Karama is part of our long-term strategy to expand services and be accessible in neighborhoods among the most financially active districts in Dubai. Karama is a conduit for the past and present of this Emirate. It has withstood and thrived the transformations of Dubai, while at the same time has become a major connector to newer parts of Dubai owing to its proximity to throughways like the Sheikh Zayed Road.”

Horizon Exchange is simultaneously moving into the new digital era. According to a report by Research and Markets, the market size of global remitances is expected to reach $930.44 billion by 2026, growing at 3.9% each year until then. Horizon Exchange has recognized that few things will influence the direction of this industry as much as digital innovations.