International lenders did not disclose specificities, but said it was part of global cost-cutting plansNovember 26, 2015 11:32
One of the cheapest retail outlets in the region, the Lulu brand is rapidly expanding across the world.
July 1, 2008 11:52 by kippreport
Lulu has a range of supermarkets, hypermarkets and department stores catering to a largely middle-income target group. According to a report of prices collected by the Ministry of the Economy on June 23, the Lulu Centre in Dubai was the cheapest for several items.
The company recently signed an agreement with the UAE Ministry of Economy (MoE), to reduce prices of essential food prices during Ramadan. Lulu had also joined other retail outlets earlier in the year to enforce the government’s price stabilization program to reduce inflation.
Dubai: More than $1.7 billion spent annually on sport
[Video] Profile: The Smartwatch industry
Profile: GCC's $100bn family business market
Video profile: Realopedia
Video profile: How Dubai’s fast-paced lifestyle affects what you eat