Home; GCC; Lulu Retail’s $1.72bn Abu Dhabi IPO attracts bids worth Dhs135bn. The hypermarket chain operator initially planned to sell a 25 per cent stake and raise as much as $1.43bn, but it ...

Lulu Retail Holdings—a Middle East hypermarket chain founded by Indian billionaire M.A. Yusuff Ali—has priced its IPO at the top end of the price range, raising $1.7 billion in the United Arab ...

Lulu Retail Holdings—a Middle East hypermarket chain founded by Indian billionaire M.A. Yusuff Ali—plans to raise up to $1.4 billion in what will be the United Arab Emirates’ biggest IPO ...

Lulu Retail operates more than 240 hypermarket, express and mini-market stores across six GCC countries, serving over 600,000 shoppers daily. Image: Shutterstock On Monday, Lulu Retail Holdings PLC, ...

Lulu Retail Holdings, which runs one of the Middle East's biggest hypermarket chains, said on Monday it aims to raise up to 5.27 billion dirhams ($1.43 billion) in what is set to be the UAE's ...

Lulu operates one of the Middle East’s largest hypermarket chains. It reported a profit of $192 million last year, and aims to maintain a dividend payout ratio of 75%. Its net profit margins are ...

Lulu Group, the UAE-based ... We may come up with a mall or a hypermarket, ... The Lulu Group has operations in countries like UAE, India, Saudi Arabia, Bahrain, Kuwait, Oman, Qatar, Egypt ...

LuLu Hypermarket is ranked as one of the fastest growing and largest retail groups in the MENA and Asian regions. Today, the group has 11 outlets throughout the Kingdom of Bahrain and its 12th ...

The Avenues-Bahrain, a major seafront retail and leisure destination in Bahrain, has signed an agreement with LuLu Hypermarket for its launch within its Phase 2 project. Set for Q4 completion, the ...

Laurent Longuet, CEO of SirajPower, said the Bahrain project marks a significant milestone in the partnership with Lulu Group. “Lulu Group has been an integral partner for SirajPower, and our initial ...

This latest addition has increased Lulu Group’s store count in Dubai to 24. The hypermarket primarily focuses on offering a wide range of products, including groceries, fresh food, fruits and ...

LuLu Hypermarket, the retail division, has been known as a trendsetter of the retail industry in the region. It operates over 200 stores and is immensely popular with discerning shoppers across ...