The new branch marks the 230th Global Branch of LuLu Financial Group Published: March 11, 2021 17:13 Staff Report Inauguration of the 79th Lulu Exchange Branch in UAE at Forsan Central Mall, Khalifa City, by Mr. Adeeb Ahamed, MD, LuLu Financial Group. Image Credit: Supplied
The opening marks the company’s 79th branch in UAE and is the 230th Global Branch of LuLu Financial Group worldwide.
Speaking on the sidelines of the grand opening ceremony, Mr. Adeeb Ahamed, Managing Director of LuLu Financial Group, congratulated the team for taking forward the vision of LuLu Exchange to deliver reliable, seamless and accessible financial services to the country’s underserved regions.
Lulu exchange gives A Fillip to financial services in Khalifa city with its 79th branch opening zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
LuLu International Exchange, the UAE’s leading payments provider offering cross-border remittances and currency exchange services, opened its 78th branch in the country at Kalba on Sunday.
Date
28/02/2021
Taeknizon, a private cloud service provider in the Middle East and Asia, was selected by LuLu International Exchange, a top three financial services provider in the UAE, to transform its operations and migrate critical IT infrastructure and applications to the cloud. LuLu International Exchange is using Taeknizon’s Taekni Cloud services to accelerate infrastructure consolidation and cost optimization in a multi-cloud environment.
The foreign exchange and global money transfer specialist gains expert end-to-end support for its cloud migration with the ability to scale-up both locally and around the world. Taeknizon provides a comprehensive cloud migration strategy combined with local knowledge and expertise. LuLu International Exchange benefits from all data being locally hosted in Taeknizon’s Taekni Cloud Infrastructure in a Tier III data center in the UAE, ensuring minimal risk and maximum performance.
Advisory board member: Mr. Osama Al Rahma Rajiv Raipancholia, Secretary, FERG Image Credit: Supplied
FERG’s committee members was elected in November 2020 and announced during the Annual General Meeting (AGM). The committee members include Al Ansari Exchange, Al Fardan Exchange, Al Ghurair Exchange, Al Razouki International Exchange, Al Rostamani International Exchange, Joy Alukkas Exchange, Index Exchange, LuLu International Exchange, Orient Exchange, Redha Al Ansari Exchange and Wallstreet Exchange. Antony Jose, Treasurer, FERG Image Credit: Supplied
The newly elected committee members will play a key role in liaising with regulators and law enforcements on behalf of FERG members. They will also contribute to the growth and expansion of the Group along with the foreign exchange and remittance industry in the UAE.