Mubasher: Lulu International Exchange LLC (LuLuEx), a subsidiary of Lulu Group that operates Lulu hypermarkets in the region, invested about BHD100 million over four years since inception in Bahrain, said Managing Director Adeeb Ahmed.
The statement came during the opening of the company’s eighth branch in Salmaniya area in Bahrain yesterday.
Adeeb confirmed, according to a statement published on the company's website, that LuLuEx is seeking to increase its market share by expanding its presence in all areas of Bahrain.
The company plans to open two new branches this year - the first in Juffair and the other in Zinj – thus increasing its branches network to 10 by the end of 2016.
