LuLu Exchange opens doors to first outlet in Qatar

Indian Ambassador Sanjiv Arora cuts a ribbon to inaugurate the first branch of LuLu Exchange in Qatar. PICTURE: Jayan Orma

LuLu Exchange Company started its operations in Qatar by launching its first outlet  in LuLu Hypermarket on  D-Ring road yesterday. Indian Ambassador Sanjiv Arora inaugurated the branch by cutting a ribbon in the presence of Yusuff Ali MA, managing director of Lulu Group International,  Dr R Seetharaman, CEO, Doha Bank and other dignitaries.

 The company, which is in existence since 1996, has been rebranded as the LuLu Exchange Company WLL and is managed by the LuLu International Exchange LLC, a fast-growing remittance and foreign exchange company.

“LuLu International Exchange, which enjoys considerable brand loyalty and patronage, operates out of five Asian countries at present and we have brought in the experience coupled with expertise to Qatar through this management agreement to serve our customers here,” Yusuff Ali said.

Company managing director Adeeb Ahamed said: “Bringing convenience to customers has always been a priority to us and it is this approach that has made us a favourite of customers and has helped us grow in a fast pace. It is our vision to be the first choice in financial services by setting up high standards of customer satisfaction.”

According to Yusuff Ali, the  company’s corporate slogan ‘Valuing Your Trust’ is the reflection of the company itself. He affirmed that Lulu Exchange has ensured fair business practices, including rigorous compliance to global anti-money laundering protocols, in the best interest of its regulators and customers.