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FINANCIAL NEWS
Lulu’s Saudi investment to reach USD 0.39bn
14 Jan 2016
(MENAFN) Lulu Group proclaimed the setup of four more hypermarkets organized for this current year; two in Jeddah and one each in Hail and Hofuf.
Moreover, the new hypermarket offers a one stop shopping destination for the increasing city residents, which involve a growing community of nationals and emigrants.
The hypermarket also houses Sparkys family entertainment, food court consisting of true Arabic fine dining, Arabic and Filipino cuisine and ATM and money exchange facilities.
In addition, it invested more than USD 213.13mn until now and plans to invest USD 186.49mn by the end of 2017, taking whole investment to more than USD 0.39bn.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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