UAE – Mubasher: Lulu Group International, owned by the UAE-based Indian billionaire Yusuff Ali M.A., has opened its 177th hypermarket at Nazir Plaza in Ajman, chairman of Ajman Tourism Development Department Abdul Aziz bin Humaid Al Nuaimi said.
The new hypermarket is the group’s third branch in Ajman, Al Bayan newspaper reported, citing Al Nuaimi.
In August, Egypt’s Ministry of Supply and Internal Trade and Ministry of Housing signed a $500 million agreement with LuLu Hypermarket to establish four new hypermarkets in the most populous Arab nation.