NBE and LuLu Exchange Inks Partnership to Utilize Ripple's Cross-Border Payment Network RippleNet

The NBE and LuLu Exchange partnership with Ripple comes as one of the latest pieces of evidence that the company's business is healthy and growing. Blockchain payments firm Ripple Labs Inc unveiled on Tuesday that the National Bank of Egypt (NBE) and LuLu International Exchange, a financial services operator based in the United Arab Emirates has inked a strategic partnership to facilitate interstate remittances using the company's global payment infrastructure RippleNet.