Lulu Exchange opens 100th outlet in GCC

Abu Dhabi - Company committed to promoting innovation in all areas of service

Lulu Exchange recently opened its landmark 100th GCC branch at Al Gharafa in Qatar, which is also its third branch in the country.
The outlet was launched in the presence of Shaikh Hasan bin Khalid bin Hasan Al Thani; Yusuffali M.A., chairman of LuLu Group International; Dr R Seetharaman, group chief executive officer of Doha Bank; Adeeb Ahamed, managing director of Lulu Exchange; Mohamed Althaf, group director of Lulu Hypermarket; and other dignitaries.
"It is indeed a moment of great pride that the opening of the third branch in Qatar coincides with it being the 100th branch in the GCC managed by Lulu Exchange. We are delighted to serve such a wide network of branches across the region and it has been a remarkable journey so far with the support and encouragement of our loyal customers. This important milestone is yet another proof of the strong customer confidence and base Lulu Exchange enjoys in the region," said Yusuffali.
The first Lulu Exchange in the region came into operation in Abu Dhabi on September 2, 2009; the company soon expanded its operations to other GCC countries - Oman, Kuwait, Qatar and Bahrain - along with India, the Philippines and the Seychelles. Lulu Exchange is poised for remarkable growth over the next few years as the brand consolidates existing operations and explores newer markets to widen its presence.
"Lulu Exchange has received tremendous acceptance across all the countries where it has its presence. Bringing convenience to customers has always been a priority to us. This customer-centric approach has made us the most sought-after organisation in such a short period and also helped us grow at a fast pace," said Ahamed, who is also CEO of Lulu International Exchange in UAE.
Along with upholding the very essence of trust while catering to its customers every day, the organisation is also committed to promoting innovation in all its areas of service. The recent launch of the "Lulu Now" platform, which allows immediate credit to designated bank accounts instantly, is a testimony of its commitment towards innovation that delights customers.
The exchange house has strategic banking arrangements with leading banks and financial institutions around the world and is constantly working towards providing smoother, faster, and more reliable modes of transaction. Besides remittances, customers can exchange foreign currency at competitive rates.
- haseeb@khaleejtimes.com