Travelex eyes lucrative expansion into Saudi Arabia’s airports
As Saudi Arabia opens its doors wider to international tourism, visitors have discovered that it pays to keep some riyals in their wallets.
That’s an opportunity that Travelex, the U.K.-based currency exchange firm, couldn’t miss out on.
Travelex CEO Richard Wazacz tells The National his company is intrigued by the opportunity of dotting the kingdom’s airports with his company’s currency booths.
“We operate in every GCC market except Kuwait and Saudi Arabia, and we are very interested in operating in other markets,” he said. “Saudi Arabia is the one that interests us the most.”