Dubai, UAE — [31 Oct 2025] — In a recent feature by Khaleej Times, Mr. Rashid Ashraf, CEO of ACE Money Transfer, emphasized the vital role of remittances in strengthening families, communities, and economies worldwide.
Remittances today are more than just financial transactions; they are lifelines that carry love, hope, and opportunity across borders, said Rashid Ashraf, CEO of ACE Money Transfer. Every amount sent represents responsibility and connection — the invisible bridge that keeps families united, even when distance separates them.
Driving Growth Across the Gulf
The Gulf Cooperation Council (GCC) remains one of the largest remittance-sending regions globally, contributing over $100 billion annually. Millions of expatriate workers in the region play a dual role — driving progress in their host countries while supporting their families and communities back home.
These workers are the unsung heroes of two nations, Ashraf noted. Their hard work fuels prosperity on both sides of the border.
ACE Money Transfer: Trust, Transparency, and Technology
Headquartered in the United Kingdom and regulated by the Financial Conduct Authority (FCA), ACE Money Transfer operates in 29 sending and over 100 receiving countries. Since 2002, the company has served millions of customers across Europe, Australia, Canada, and the Gulf, providing seamless digital solutions for global money transfers.
Leveraging AI-driven technology, ACE ensures compliance, transparency, and real-time tracking — making cross-border remittances safer and more efficient than ever.
Innovation with a Human Purpose
At ACE, we believe technology should empower people, not replace them, Ashraf emphasized. By combining innovation with compassion and compliance, we’re building a bridge that connects people, nations, and generations.
Looking ahead, ACE aims to further expand its global reach, enhance its digital ecosystem, and launch community-driven initiatives that transform remittances into long-term opportunities for growth and development.
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Remittances: The human bridge that connects nations
