LuLu International Exchange opens 17th outlet in UAE
- United Arab Emirates: Saturday, September 29 - 2012 at 14:22
- PRESS RELEASE
In an effort to bring more and more convenience to its customers, LuLu International Exchange, the growing remittance and foreign exchange Company based out of Abu Dhabi, on Thursday opened its 17th branch in the UAE. The new branch, located on the busy Naif Road area in Dubai was inaugurated in the presence of Mr. Salim M.A, Director EMKE / Lulu Group.
LuLu International Exchange is a part of the larger LuLu Financial Group (LuLu FG), an emerging global Non-Banking Financial Group. With the opening of the new branch, the cumulative branch count of LuLu FG has now risen to 45. The group currently has operations in Oman, Kuwait and India apart from UAE.
"The Group is looking further to expand in Bahrain and Qatar by 2013 as a part of its expansion plans in the Arabian Gulf region and countries in the Asia Pacific region such as Australia, Malaysia, Philippines and Indonesia in the near future. We already have liaison offices in India and Bangladesh to facilitate smooth functioning of the group's remittance business operations and provide the best services to its customers" emphasized Adeeb when asked about the group's expansion plans.
"With this branch in Naif Road, we intend to take money transfer services closer to our target customers in the Deira and nearby areas. It is and will be our ongoing commitment to enhance customer experience by identifying customer requirements and providing quick solutions. This branch will also handle the wholesale currency operations of the company", he said.
The senior officials of LuLu FG and other special invitees were present on the occasion.
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