Lulu to open 4 hypermarkets in Egypt

Lulu to open 4 hypermarkets in Egypt
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Abu Dhabi: Four new hypermarkets have been opened in Egypt by the Lulu Group and the Egyptian government. The agreement was reached in talks between MA Yousafzai, Chairman of Lulu Group, and Mustafa Madbouli, Abu Dhabi Prime Minister.

Lulu currently operates 3 hypermarkets at Cairo. As part of a joint venture, the hypermarkets will open in the second quarter 2023. New hypermarkets are planned for cities including Giza, the pyramid city.

Yusufali stated that e-commerce in Egypt will begin next month. The discussion was also attended by Jusser Rupawala, Lulu Bahrain Egypt Director, and Hussein Qureshi, Regional Director.

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