Lulu Group announces new hypermarkets in Makkah and Madinah

UAE-based retailer Lulu Group has announced plans to expand its presence in Saudi Arabia with two new hypermarkets in the holy cities of Makkah and Madinah.Yusuff Ali MA, Chairman of Lulu Group, made the announcement during a signing ceremony in Makkah. The agreements were signed with Badr Nadershah (COO, Jabal Omar Development Company), Eng. Waleed Ahmed Al Ahmadi (CEO, Al Manakha Urban Project Development Company), and Shehim Mohammed (Director, Lulu Group KSA).Makkah Hypermarket: Located within walking distance of Masjid al Haram, this project is part of the Jabal Omar development, a massive mixed-use project encompassing hotels and branded apartments. The Lulu store will reside in Souq Al Khalil upon completion of the project's seven phases.Madinah Hypermarket: This hypermarket will be developed by Al Manakha Urban Project Development Company and will cover an area of approximately 2161 square meters.Both projects are expected to create significant employment opportunities for Saudi citizens.Yusuff Ali MA expressed his enthusiasm about the new projects:  "Contributing to the development of amenities in Makkah and Madinah has been a long-cherished dream of mine. Lulu Group is committed to bringing world-class shopping experiences to the people of Saudi Arabia. We are grateful for the support of the Saudi government and believe their vision for development is boosting investor confidence."Lulu Group is currently finalizing the Makkah Commercial Center project, which will also include a hypermarket.The company currently employs 3,300 Saudi nationals across its existing hypermarkets and plans to create an additional 1,000 jobs with the completion of these new projects.