Wednesday, June 16, 2021

LULU EXPANDS FURTHER IN DUBAI Launches New Hypermarket in Dubai Silicon Oasis

12 April 2021, UAE—Leading retailer LuLu further strengthened its presence in the Emirate of Dubai with the grand opening of its world-class hypermarket at Silicon Central Mall, the newest retail and lifestyle destination located at the heart of Dubai Silicon Oasis, an integrated free zone technology park. 

Dr. Juma Al Matrooshi, Deputy CEO of Dubai Silicon Oasis Authority, officially inaugurated the LuLu Hypermarket, in the presence of Mr. Ashraf Ali M.A., Executive Director of LuLu Group, and other officials. 

Increasing the Group’s store count to 209 globally, the new two-level store covers a total built-up area of 184,000 square feet with a full-fledged supermarket and department store—providing grocery, fashion, and lifestyle products in a one-stop shop. It will serve the premium communities within its catchment area, as it is strategically located near residential communities, such as Nad Al Shiba, The Villa, Al Barari, Warqaa 2 to 5, and Arabian Ranches. 

Dr Juma Al Matrooshi said: “The opening of the new, largest of its kind hypermarket in Dubai, is a valuable addition to the range of options available to the Dubai Silicon Oasis community, as a preferred destination to work and live. In line with the Smart Dubai strategy, and its position within the Dubai 2040 Urban Master Plan as a knowledge and innovation center, Dubai Silicon Oasis continues to expand its contribution to transforming Dubai into a global destination by providing a wide diversity of lifestyle and investment opportunities for citizens, residents and visitors over the next 20 years.”

He added: “This opening is testament to the continuously evolving landscape at Dubai Silicon Oasis that attracts mega projects and investors from across industries. We welcome LuLu to the DSO community, and we are confident that the hypermarket will offer an exceptional experience to its population of 90,000.”

Mr. Ashraf Ali M.A said: “We are proud to see another great retail addition for the growing community of loyal patrons in the smart and sustainable city of Dubai Silicon Oasis. Over the years of catering to different nationalities, we have seen the growing demand for internationally sourced products and speciality range based on food trends from around the world. It will be our continuous commitment to offer high-quality products at the most affordable prices in the market.” 

As part of LuLu’s expansion plans in Dubai this year, plans are afoot for three new hypermarkets in Satwa, Dubai South, and Mankhool. In other Emirates, various locations, such as Buteena and Samnan in Sharjah; Shamkha, Al Wathba, and Riyadh City in Abu Dhabi, will expect new stores as well.  

In the first quarter of 2021 (from January to March), the Group launched 10 new hypermarkets across the GCC and Far East, and celebrated its 200th store milestone with the opening of hypermarket in New Cairo, Egypt, along with UAE, Oman, Saudi Arabia, and Kuwait. 

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