Lulu Retail Holdings PlcADX: LULU

ZAWYA: Lulu opens new Xpress store at Al Khawaneej Endowment Mall Project in partnership with Dubai Awqaf

· Issued by Lulu Retail Holdings Plc

Dubai: Lulu has opened a new Lulu Xpress store at the Khawaneej Gate, Al Khawaneej-2, Dubai developed by the Awqaf and Minors Affairs Foundation as part of its endowment projects in Dubai.

The opening marks a joint initiative between the Dubai Awqaf and Lulu Group aimed at providing essential retail services to residents while supporting sustainable endowment revenues that contribute to community initiatives across the emirate.

The store was inaugurated by Essa Abdullah Al Ghurair, Chairman of Awqaf & Minors Affairs Foundation in the presence of Ali Mohammed Al Mutawa, Secretary-General of Awqaf, and Yusuffali M.A., Chairman of Lulu Group, along with several officials and guests.

The opening forms part of the Al Khawaneej Endowment Mall project, developed to support local residents while generating sustainable income from endowment assets. Proceeds from such projects help fund mosque maintenance and community initiatives across the emirate. 

“The launch reflects the foundation’s strategy to develop high-quality endowment projects that generate sustainable returns while supporting social and community initiatives in Dubai”,  said Essa Abdullah Al Ghurair. He added that the foundation is expanding its development-focused endowment projects through strategic partnerships with the private sector to maximise the impact and sustainability of endowment resources.

Ali Al Mutawa said the foundation continues to focus on developing modern endowment projects that enhance the financial sustainability of endowment assets while addressing the needs of the community.

The project reflects the growing partnership between Dubai Awqaf and Lulu Group.  We are expected to operate more projects that will be developed by the Awqaf across the region ” said Yusuffali M.A., Chairman of Lulu Group.

The new Lulu Xpress store spans around 19,800 square feet and includes sections for groceries, fresh produce, meat and seafood, bakery items, health and beauty products, and mobile accessories. The store also features ample parking and self-checkout counters for a convenient shopping experience.

Send us your press releases to pressrelease.zawya@lseg.com

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

Earlier from Lulu Retail

All Lulu Retail news releases