The Secretariat met with the CEO of NS Cashpoint, Mr Jacob Varghese for the purpose of discussing bilateral relations and collaborative initiatives with FERG. FERG is a non-profit organization based on the initiative of the Central Bank of UAE. FERG comprises of companies engaged in the business of money exchange and remittances, from large sized companies with over 100 branches, to single-branch outlets to join a common platform and work towards mutual benefits.