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Sep 29 2012

LuLu International Exchange opens 17th outlet in UAE

The Lulu Exchange launches 17th branch in UAE at Naif Road, Deira. Salim MA, Director of LULU Hypermarkets Group inaugurated the branch in the presence of Adeeb Ahamed, CEO, Richard Wasson, Group General Manager, Thomas Joseph, Deputy Group General Manager, Narayan Pradhan, General Manager, James Verghese, Regional Director of LULU Group and other senior management staff. This is the 45th branch of LULU Exchange globally. Picture shows the ceremonial cake-cutting to mark the inauguration by senior management team.
The Lulu Exchange launches 17th branch in UAE at Naif Road, Deira. Salim MA, Director of LULU Hypermarkets Group inaugurated the branch in the presence of Adeeb Ahamed, CEO, Richard Wasson, Group General Manager, Thomas Joseph, Deputy Group General Manager, Narayan Pradhan, General Manager, James Verghese, Regional Director of LULU Group and other senior management staff. This is the 45th branch of LULU Exchange globally. Picture shows the ceremonial cake-cutting to mark the inauguration by senior management team.

Dubai: 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.

Mr. Adeeb Ahamed, CEO - LuLu Financial Group the holding company of Lulu Exchange speaking at the inauguration said, "we are extremely delighted to add one more branch to our growing network. Our emphasis on customer satisfaction with superior service has made us a favourite of customers, across the Emirates in just three years of us beginning our operations. We dedicate this branch to the service of our esteemed customers, who have always supported and encouraged us to deliver the best."

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.

About LuLu International Exchange:
The UAE operations were initiated in September 2009. Since then LuLu International Exchange has been constantly growing by garnering the trust of customers. The exchange house well known for its customer centric approach and value-laden service provides safe, reliable and quick services for its customers to send money to their loved ones across borders. Apart from sending money, customers can also get their foreign currency exchanged at the most competitive exchange rates clubbed with personalised customer service. LuLu International Exchange also offers value-added services such as NoL cards, Salik cards, Utility payments, National Bonds, Mawaqif etc. to its customers. LuLu International Exchange currently has 17 branches across UAE.

For more details: Contact:
Ajit Johnson
Email: ajit.johnson@luluexchange.com
Cell: 050-6623786

Nishanth Belliappa
Email: nishanth.belliappa@luluexchange.com
Cell: 050-4413786

V.Nandakumar
Manager - Corp. Communications
EMKE Group
PO Box 4048, Abu Dhabi,
United Arab Emirates
Tel: +971 2 6421800
Fax: +971 2 6417200

© Press Release 2012


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