Latest news with #YusuffaliM.A
Zawya
07-04-2025
- Business
- Zawya
Awqaf Dubai and Lulu Retail sign MoU to develop a group of retail stores in endowment projects in Dubai
Dubai: The Endowment and Minors Trust Foundation (Awqaf Dubai), has signed a strategic Memorandum of Understanding (MoU) with Lulu Retail Holdings, the region's leading retailer, to establish new hypermarkets and supermarkets across Dubai. The agreement was formalized today by Ali Al Mutawa, Secretary General of Endowment and Minors Trust Foundation (Awqaf Dubai), and Salim M.A, Director of Global Operations at Lulu Retail, in the presence of Essa Abdulla Al Ghurair, Chairman of Endowment and Minors Trust Foundation (Awqaf Dubai), Yusuffali M.A, Chairman of Lulu Group, and other senior officials. Under this partnership, Lulu will collaborate with Awqaf Dubai on upcoming community projects, developing world-class shopping facilities to serve both residents and visitors. This initiative aims to enhance the retail experience while contributing to AWQAF's broader social and economic objectives. The first hypermarket under this collaboration is set to launch in Khawaneej-2 by mid-year, marking the beginning of a series of planned developments across the city. Commenting on the partnership, Yusuffali M.A, Chairman of Lulu Group, stated: "We are honored to partner with AWQAF on this prestigious initiative. Lulu Group is committed to exploring all avenues of collaboration, ensuring a sustainable and world-class retail experience for Dubai's residents and visitors." As the No.1 full-line retailer in the region, Lulu Group continues its ambitious expansion drive, reinforcing its presence across the UAE and the wider GCC. This partnership underscores Lulu's commitment to Dubai's retail sector while aligning with AWQAF's mission to promote sustainable community development. About Lulu Retail Founded in 1974, Lulu Retail is the largest pan-GCC full-line retailer in terms of selling space, sales, and store count, boasting a 50-year legacy as a trusted homegrown brand. Lulu operates over 250 hypermarkets, express, and mini-market stores across six GCC countries, covering more than 1.4 million sq. m of retail space. It serves over 600,000 shoppers daily from 130 nationalities, sourcing products from 85 countries through its extensive global network, which includes a sourcing presence in 19 countries. With a growing e-commerce platform spanning app, webstore, and partner channels, Lulu continues to strengthen its brand presence, expand its store network, and enhance customer loyalty across the GCC.
Arab News
22-02-2025
- Business
- Arab News
LuLu Walkathon celebrates Saudi Founding Day
LuLu Saudi Hypermarket hosted LuLu Walkathon on Feb. 15 to commemorate Saudi Founding Day. The event, held at the picturesque New Corniche in Alkhobar, was a vibrant gathering that not only celebrated a significant national occasion but also emphasized the importance of sustainable development as a cornerstone of the Kingdom's future. The three-kilometer walk took place under the patronage of the Ministry of Sports and Alkhobar Municipality attracted a diverse group of passionate participants, with a focus on promoting health and honoring the rich national heritage. With 2025 being designated as the 'Year of Handicrafts,' the Walkathon mascot was Saaf—a mat symbolizing the Kingdom's heritage and the vision of promoting handicraft, which became a crowd favorite, offering an engaging photo opportunity. The walk was officially launched by Tariq Al Qahtani from the Ministry of Sports, who marked the occasion with the ceremonial firing of the racing pistol. The flag off not only added energy to the event but also inspired the participants, motivating them to embrace fitness and resilience. The festivities were further enriched by a captivating Ardah performance, paying tribute to the Kingdom's cultural heritage, and a Sea Show and Sway Pole Dance that added a fun, recreational element to the proceedings. The event was made possible through the generous support of key sponsors and partners. "We are extremely proud to have organized such a significant event, the Lulu Walkathon, on Saudi National Day, which not only promotes fitness and resilience but also reinforces our commitment to sustainable development," said Yusuffali M.A, chairman of Lulu Group. Prominent sponsors included MasterCard and Nestlé, while PVM (Mentos) served as the refreshment partner. The safety and well-being of attendees were assured through the collaboration with the Saudi Red Crescent Authority and RPM. The event also enjoyed media coverage, thanks to Radio Mirchi as the Radio Partner and Faden Media and Alyaum as Media Partners. Special mention must also be made of Al Qadsiyah, the esteemed football club, whose participation added excitement to the occasion. The LuLu Walkathon 2025 was an excellent platform for LuLu Hypermarket to underscore its commitment to sustainability. Participants were provided with comprehensive kits and goodie bags that included T-shirts, caps, wristbands, and water — all courtesy of LuLu Hypermarket. The event route, managed by LuLu staff, ensured a seamless experience for all. Attendees were encouraged to share their thoughts on Saudi Handicrafts and their experiences with Saaf on social media using the hashtag #LuLu_Khobar_Walkathon, with the most popular post receiving a special prize. Alongside the walk, attendees enjoyed an array of food and beverages from dedicated refreshment stalls. The event concluded with an exciting raffle draw, offering a range of prizes, including the Samsung S25 Ultra, health tracking bands, bicycles, and other unique accessories. Other prominent names from Lulu Management who attended the event included Shemim Mohammed, director of Lulu KSA; Muhammad Ahmad Abdul Jalil Bubushait, executive manager; Zaid Al Subaie, administration manager; and Moiz Nuruddin- regional director Eastern Province; and Hatim Mustansir, regional director of Central Province.
Gulf Insider
21-02-2025
- Business
- Gulf Insider
Lulu To Retail Popular Saudi Brand Milaf Cola
An iconic Saudi F&B brand, Milaf Cola, will now be available at LuLu outlets in the GCC – and with the possibility of taking it to India as well. This comes after the Abu Dhabi headquartered hypermarket operator Lulu signed a deal with Al Madina Heritage, part of the Saudi wealth fund PIF's holdings. 'Sourcing and selling world-class products globally has always been our key strength,' said Yusuffali M. A, Chairman of Lulu Group. With our sourcing network spanning 23 countries, we are further strengthening our product portfolio by signing various MoUs with top suppliers.' What makes Milaf carve a different niche in an intensely fought over cola market is its use of carbonated date-sweetened formula. This replaces the traditional sugars or sweeteners with date extracts. 'Saudi F&B brands such as AlBaik fried chicken restaurant have developed cult following in the wider GCC markets,' said a retailer. 'Milaf Cola definitely comes with the same sort of advantages.' It's been a busy week for cola brands in Dubai. Earlier, a Reliance Industries' owned entity struck a partnership with Abu Dhabi's Agthia Group to sell the popular 'Campa Cola' label in the UAE.
Saudi Gazette
20-02-2025
- Business
- Saudi Gazette
LuLu Walkathon celebrates Saudi Founding Day, with promoting a message of sustainability
In a grand display of community spirit and dedication to sustainability, LuLu Saudi Hypermarket hosted the highly anticipated LuLu Walkathon on Saturday, February 15, 2025, to commemorate Saudi Founding Day. The event, held at the picturesque New Corniche in Al Khobar, was a vibrant gathering that not only celebrated a significant national occasion but also emphasized the importance of sustainable development as a cornerstone of the Kingdom's future. The 3-kilometer walk, which took place under the patronage of the Ministry of Sports and Al Khobar Municipality, attracted a diverse group of passionate participants, with a focus on promoting health and honoring the rich national heritage. With 2025, being designated as the Year of Handicrafts, the Walkathon mascot was Saaf—a mat symbolizing the Kingdom's heritage and the vision of promoting handicrafts — that became a crowd favorite, offering an engaging photo opportunity. The walk was officially launched by Tariq Al Qahtani from the Ministry of Sports, who marked the occasion with the ceremonial firing of the racing pistol. The flag off not only added energy to the event but also inspired the participants, motivating them to embrace fitness and resilience. The festivities were further enriched by a captivating Ardah performance, paying tribute to the Kingdom's cultural heritage, and a Sea Show and Sway Pole Dance that added a fun, recreational element to the proceedings. The event was made possible through the generous support of key sponsors and partners. "We are extremely proud to have organized such a significant event, the Lulu Walkathon, on Saudi Founding Day, which not only promotes fitness and resilience but also reinforces our commitment to sustainable development," said Yusuffali M.A, Chairman of Lulu Group. Prominent sponsors included MasterCard and Nestlé, while PVM (Mentos) served as the refreshment partner. The safety and well-being of attendees were assured through the collaboration with the Saudi Red Crescent Authority and RPM. The event also enjoyed media coverage, thanks to Radio Mirchi as the Radio Partner and Faden Media and Alyaum as Media Partners. Special mention must also be made of Al Qadsiyah, the esteemed football club, whose participation added excitement to the occasion. The LuLu Walkathon 2025 was an excellent platform for LuLu Hypermarket to underscore its commitment to sustainability. Participants were provided with comprehensive kits and goodie bags that included T-shirts, caps, wristbands, and water, all courtesy of LuLu Hypermarket. The event route, managed by LuLu staff, ensured a seamless experience for all. Attendees were encouraged to share their thoughts on Saudi Handicrafts and their experiences with Saaf on social media using the hashtag #LuLu_Khobar_Walkathon, with the most popular post receiving a special prize. Alongside the walk, attendees enjoyed an array of food and beverages from dedicated refreshment stalls. The event concluded with an exciting raffle draw, offering a range of prizes, including the Samsung S25 Ultra, health tracking bands, bicycles, and other unique accessories. Other prominent names from Lulu Management who attended the event included Shemim Mohammed, Director of Lulu KSA, Eng. Muhammad Ahmad Abdul Jalil Bubushait- Executive Manager, Zaid Al Subaie- Administration Manager, Moiz Nuruddin- Regional Director Eastern Province and Hatim Mustansir, Regional Director Central Province.
