Sami Al Qamzi, General Manager of Dubai Economic Department, inaugurated the newest hypermarket in the Lulu Group network in Dubai, the third store in 2019 and the 15th branch in Dubai, in the presence of Yousef Ali, Chairman and Managing Director of the Lulu Group, and a number of senior officials. This brings the total number of branches in the country to 74, while the number of outlets in the various areas of operations to 182.
Sami Al Qamzi said: “In Dubai's economy, we stand with our private sector partners and work side by side with them to promote the emirate's economic mobility. The Lulu Group has shown a high level of commitment to supporting business through its extensive branch network In addition to their contributions to SMEs, all regions of Dubai are covered because this segment represents a critical importance to the overall national economy. ”
The Group has already opened other branches in the Waterfront Market in Hamriyah and Rashidiya earlier this year, while the total number of new branches in the UAE in the same year reached 14 stores. The Group also opened nine stores in 2018, in the categories of hypermarkets and express service outlets, and plans to establish 22 new projects across the UAE as part of the expansion plans, of which Dubai will share six projects.
Yousuf Ali, Group Chairman, said: “We are delighted to open this branch, in a move by our group to emphasize the dynamism of the economy in Dubai and the UAE, and to benefit from the growing and thriving shopping prospects, thanks to campaigns, incentives and promotional strategies. The strength of the national economy in the country depends on many factors, including the strength of the foundations and the high level of purchasing power, and the state of optimism prevailing by the various segments of consumers, according to the latest indicators and studies, which drives We are planning to open six more branches in Dubai in the near future, covering Satwa, Festival Plaza, Al Warsan Market, Al Barsha South, Dubai South Mall and Dubai Silicon Oasis Mall to capitalize on the positive investment climate in the emirate. '