Headquartered in Abu Dhabi, Lulu Group is best known in the Gulf for its chain of popular malls and hypermarkets, which have long served a wide segment of multi-ethnic residents in the region. With a 57,000 strong workforce and operations in 37 different countries ranging from the GCC, Egypt, Thailand, UK and USA, Lulu Group is no less than a retail titan.

With a whopping annual turnover of $7.4bn up until March 2020, Lulu Group International is one of the largest retail chains in Asia and the biggest in the Middle East with 188 outlets in the Gulf countries. The Lulu Group is also undergoing vast expansion plans in retail, food processing and logistics sector. Testament to Lulu’s pedigree, an investment firm backed by a member of Abu Dhabi’s royal family agreed in April to buy a stake worth just over $1 bn in the firm, according to people familiar with the matter.