LuLu Exchange and Al Ansari - two of UAE’s leading exchange houses finds their way in the Forbes latest list of ‘Top 5 GCC Exchange Houses Going Digital’.
Event Location
Dubai, Dubai
Start Time
08 August 2022, 12:00 AM
End Time
31 August 2022, 12:00 AM
Two of UAE's leading exchange houses - LuLu Exchange and Al Ansari Exchange, have found their way to Forbes’ latest list of ‘Top 5 GCC Exchange Houses Going Digital’. This is a major acknowledgment of the UAE’s robust cross-border payments sector, digital transformation drive and world-class regulations.
The list shines the spotlight on remittance companies in the GCC region that have been aggressively pushing for digitization of their services, in line with the efforts of their respective nations.
Kuwait based Al Mulla Exchange, Qatar based Alfardan Exchange, and Oman based Purshottam Kanji Exchange are the other companies in this list.
The LuLu Money app and Al Ansari Exchange app – the eponymous digital products of the UAE-based companies, have contributed majorly to the nation’s vision for a seamless and reliable digital remittance ecosystem.
The companies were evaluated by Forbes on the number of app downloads, number of users and annual volume of digitally conducted transactions.
UAE exchange houses Forbes list
