06 Jan 2011
(MENAFN) Yusuffali M A, Managing Director of LuLu Hypermarket, one of the Gulf’s biggest retailers, announced that it will pump $530 million into the Bahrain market, Gulf Daily News reported.
According to Yusuffali, the mentioned investment includes a 600,000 square foot hypermarket, which will be the largest in Bahrain, located in Hidd area, in addition to another mall in the near future. LuLu has recently launched its third outlet in the Kingdom.
LuLu, a subsidiary of the Dubai-based EMKE Group, which is aiming to have 100 stores throughout the Middle East by the end of 2011, launched outlets in Egypt and Saudi Arabia in 2010. The chain also announced that it would invest $266 million in the Saudi shopping sector in the next year or so.
24 May 2023
Empowering Success: BBK and BIBF honor 24 graduates of the BBK’s Women on Board Programme
16 Mar 2023
BBK partners with Four Seasons Private Residences Bahrain Bay to offer ownership financing for 112 waterfront homes.
01 Mar 2023
You could be the next lucky winner.. BBK: BD 1.9 million prizes from Al Hayrat this year