UAE and Egypt... Strategic partnership, firmed principles, and a comprehensive development renaissance

Mr. Yusuff Ali 

Chairman of LuLu Group International

Our Lulu Group is one of the leading investors in the Retail and Export sectors in the Republic of Egypt. 

We see great potential for our future business in this country and are in a massive expansion drive here. We have signed an MoU with ADQ, a sovereign entity of Abu Dhabi Government to invest US$ 1 Billion in Egypt and our plan is to collectively develop up to 30 hypermarkets and 70 express minimarket stores as well as state-of-the-art logistics hubs, distribution and fulfillment centers to strengthen the retailer's ecommerce business across Egypt. It is estimated that this expansion will create more than to 10,000 jobs, fostering economic and social growth throughout the country.