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LuLu Groups opens 7th outlet in Qatar

The LuLu Group has added the number of its outlets in Qatar to 7 with the opening of a new outlet at Al Messila in Doha, near Fariq bin Omran.

The latest outlet was inaugurated by Chairman of Qatar Chamber of Commerce and Industry Sheikh Khalifa bin Jassem bin Mohamed al-Thani. Prominent Qatari entrepreneurs Sheikh Khaled bin Hassan al-Thani, Hussain Alfardan, Ali Hussain Alfardan, Deputy Group President & CEO–Mena of Qatar Insurance Company Salem Khalaf al-Mannai, Ashraf Abou Issa, Nabeel Abou Issa, Ghanem al- Kubaisi were present at the inauguration ceremony in addition to the CEO of Doha Bank Group R Seetharaman and India’s Ambassador to Qatar Periyaswamy Kumaran. The opening ceremony was also attended by several high ranking officials of various government departments and representatives of the local business community as well. Yusuffali M A, managing director, LuLu Group and other senior executives of Lulu Group were also present on the occasion.

The UAE based LuLu Group is one the most successful and highly diversified consumer business groups in the Gulf region. LuLu has established its presence in the field of supermarkets, department stores and hypermarkets all over the GCC countries and presently the group operates over 100 shopping malls and hypermarkets.

The group also owns export and re-export houses, meat processing plants, garment manufacturing units and IT training institutes. The group prides itself in having a multi-ethnic workforce of 38,400, comprising 37 nationalities and serves about 650,000 shoppers daily in the Gulf region and realises an annual turnover of $6bn globally.

The newly opened hypermarket is overall 132nd of the group. Spread over an area of 150, 000 square feet, the hypermarket features a fresh food section, a departmental store, electronics section, home appliances and even a stationary corner. The hypermarket promises to deliver the ‘fairest’ prices to its customers and at the same time deliver world class brands and product lines designed to meet each and every need of the people of the area. The outlet also has its own dedicated parking space for the convenience of the shoppers.

“We began our operations in 2000 with our first LuLu Centre, which was a department store and now we have got 7 full-fledged outlets in the country”, Yusuffali said at the event.

Yusuffali lauded Qatar’s leadership for creating and sustaining a favourable atmosphere for business establishments in the country.

“It is due to the encouragement of the visionary leadership of the country that private business operators succeed and our success from one department store in 2000 to 7 outlets now is a great testimony for that. This will motivate us to invest more in the country and open more outlets in the near future,” he added.

“We are very excited about the economic stability and growth prospects of Qatar, under the visionary leadership of HH the Emir Sheikh Tamim bin Hamad al-Thani and we are fully committed to play our role in the further development of this great country,” he concluded.

It is worth mentioning that LuLu Group is planning to open four more outlets in Qatar within a span of a year, the group is investing QR500 million to realise the opening of these new outlets, one of which will be in Muaither.

source : Qatar Day


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