5 GCC Exchange Houses Going Digital
Forbes Middle East - English|August 2022
Many GCC-based exchange houses are embracing digital transformation and now process transactions through traditional branches and online apps. These are the top five, taking into account the value of their transactions in 2021, the number of app downloads, and number of users.
YAHMED NABIL
5 GCC Exchange Houses Going Digital

• LuLu Exchange

Country: U.A.E.

Establishment: 2008

Founder: Adeeb Ahamed

LuLu Exchange, a subsidiary of LuLu Financial Holdings, has 249 physical branches across 10 countries and territories: the U.A.E., Kuwait, Qatar, Bahrain, Oman, India, Singapore, the Philippines, Malaysia, and Hong Kong. Its digital payments platform, LuLu Money, enables instant money transfer to 140 countries.

• Al Ansari Exchange

Country: U.A.E.

Establishment: 1966

Founders: Rashed Al Ansari; Mohammed

This story is from the August 2022 edition of Forbes Middle East - English.

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