Lulu

Lulu, the Middle East grocery retailer, has announced its intention to add 20 new hypermarkets to its store network over the next two years, according to a report in Arabian business. The new stores will reportedly be spread across Abu Dhabi, Dubai and Sharjah, including in Khalifa City, Al Falah, and Riyadh City in Abu Dhabi, Silicon Oasis and Dubai South Mall in Dubai, and Muwaila, Saja, and Umm Al Tarafa …

Lulu, the Abu Dhabi based business conglomerate, has announced plans to invest 1.83 billion AED ($500 million) in the Egyptian market after reaching a series of agreements with authorities in the country, according to a report in Arabian Business. The firm’s expansion plans are said to include six new hypermarkets and four mini markets across the country. Lulu is also reportedly in talks to enter Egypt’s wholesale fruit and vegetable market, with a view to establishing a logistics …