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Travelex undertakes major UAE expansion
Foreign exchange brand Travelex has undertaken a major expansion in the UAE with the launch of 13 new stores at Abu Dhabi and Dubai airports.
At Zayed International Airport, Travelex is doubling its store footprint from seven to 14 stores, including six new on-the-move kiosk (OTM) locations at arrivals baggage, airside departures and pre-immigration.
There is also one new traditional landside store.
The new landside store will offer both a cash management service that will enable the airport’s businesses to process cash, as well as traditional consumer cash services.
Travelex launched at Zayed International Airport in late 2023 with seven stores and eight ATMs.
At Dubai International (DXB), Travelex is in the process of launching six new stores across all three terminals, including new traditional stores and stores upgraded from OTMS.
Two ATMS dispensing AED were also installed at Terminal 3 Arrivals earlier this year.
DXB has also seen a considerable post-pandemic growth in passenger numbers.
The 13 new stores across Abu Dhabi and Dubai means Travelex will be operating 60 locations across the country.
The latest IATA figures show that Middle Eastern airlines saw a 9.6% year-on-year increase in demand for June 2024.
Batu Dölay, Managing Director, Travelex Middle East and Türkiye said: “We’re delighted to be expanding our presence at two of the most exciting and dynamic airports in the world. This investment reflects the growing global reach and passenger numbers of our UAE airport partners.”
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