Lulu Group intends to open 4 hypermarkets in Egypt

Publication

13 November 2018 à 12h04

Updated on 10 May 2019 à 16h38

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1 minute

Publication: 13 November 2018 à 12h04, Updated on 10 May 2019 à 16h38

Reading time: 1 minute

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Publication

13 November 2018 à 12h04

Updated on 10 May 2019 à 16h38

Reading time

1 minute

Publication: 13 November 2018 à 12h04, Updated on 10 May 2019 à 16h38

Reading time: 1 minute

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U.A.E.-based retail giant Lulu Group is planning to invest US$500 million in Egypt over the next two years. According to a statement issued in Cairo, the company said it intends to build four new hypermarkets in 6 October City, New Cairo and Obour. The group owned and managed by billionaire Yusuff Ali will also build two logistics centres for exports, particularly frozen fish, to markets in the G.C.C. and Europe. Lulu has recently launched in the Philippines and in July announced plans to inves

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