25/03/2025 04:53 AST

Following the opening of new stores in the holy cities of Makkah and Madinah, Lulu has opened its latest hypermarket in Al Rusayfah, located on Abdullah Areef St., Al Rusayfah District in Makkah. This strategic expansion aligns with Lulu's commitment to providing world-class shopping experiences to residents and visitors while supporting the Kingdom's Vision 2030 initiative.

Abdullah Hanif, Secretary General of the Makkah Chamber along with Fahd Abdulrahman Al-Mutaz, Mayor of Rusayfah, officially inaugurated the new store in the presence of Ashraf Ali M.A., Executive Director of Lulu Group, along with Shehim Mohammed, Director of Lulu KSA, and other distinguished dignitaries.

The new Lulu store, which spans a total built-up area of around 200,000 square feet, is designed to offer a seamless and modern shopping experience, catering to the diverse needs of customers with a well-curated selection of daily essentials, fresh food, and departmental offerings, similar to other Lulu stores in Makkah and Madinah. The new store boasts a spacious 72-square-meter exclusive dining area, offering a comfortable space for shoppers.

On this occasion, Ashraf Ali Musliyam, Executive Director of Lulu, expressed his profound joy at expanding Lulu's footprint in the Holy Cities. "We continue to expand regionally in Saudi Arabia and the new store in Al Rusayfah generates more employment opportunities and strengthens the local economy. We will open more than 45 new stores across the GCC within three years," he added. New projects also includes three in the holy city of Madinah amongst others.

"We are undergoing a digital transformation to enhance the customer experience both online and in-store," Ashraf Ali added.

The new store in Al Rusayfa will feature a well-designed layout inspired by the city's cultural and architectural essence. Customers will enjoy a spacious and easily navigable shopping environment, ensuring convenience and comfort. Apart from the department stores, Lulu's iconic value-added shop, LOT, will also be opened shortly.

Rafeek Mohammed Ali, Business Development Director of Lulu KSA, Noushad M.A, Regional Director of Lulu KSA Western Region, and other senior officials were also present.


Saudi Gazette

Lulu Group, Dubai Awqaf launch new Xpress Store at Al Khawaneej Endowment Mall

09/03/2026

Lulu has opened a new Lulu Express 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 ope

Gulfnews

Lulu Retail plans to open 50 new stores, creating hundreds of job opportunities

16/02/2026

Lulu Retail Holdings, the region's largest pan-GCC full-line retailer, plans to open 50 outlets between 2026 and 2028 as it reported record Dh29.1 billion revenues for 2025, an increase of 4.1 per ce

Khaleej Times

LuLu Group to anchor Ajman's first mixed-use freezone retail hub

24/10/2025

LuLu Group International, in collaboration with Sheikh Abdul Aziz bin Humaid Al Nuaimi, Chairman of Ajman Land Department and Ajman Tourism Development Department, and Mulk International, has unveile

Khaleej Times

Ticker Price Volume
LULU Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
SPINNEYS 1.27 0.01 (0.79%)
MEZZAN 1,245.00 1.00 (0.08%)
UNIONCOOP 2.18 -0.06 (-2.68%)
AGTHIA 3.76 0.03 (0.80%)
GHITHA 11.84 -0.38 (-3.11%)
Adidas x Saudia roll out the airport look with travel wear launch

21/04/2026

Airlines are no longer just flying passengers - they're now dressing them too.

Sports apparel giant Adidas and Saudi Arabia's national carrier Saudia have launched a new travel-focused cloth

Khaleej Times

RAKBANK posts record Q1 profit of Dh1 billion on strong lending, one-off gains

21/04/2026

The National Bank of Ras Al Khaimah (RAKBANK) reported a record quarterly profit after tax of Dh1 billion for the first quarter of 2026, marking a 43% increase year-on-year, driven by strong balance

Gulfnews

Dubai's Al Ramz Corp announces IPO for two new funds

21/04/2026

Al Ramz Corporation, a Dubai-based financial services company, on Monday announced the initial public offering (IPO) of two new open-ended GCC investment funds.

The IPO for the US dollar-den

Khaleej Times

NBQ posts Dh152m after-tax profit in Q1, helped by net interest income, cost management

20/04/2026

National Bank of Umm Al Qaiwain (NBQ) posted an after-tax profit of Dh152 million in the first quarter of 2026, supported by strong core fundamentals, disciplined cost management, and a balanced appr

Khaleej Times

KFH Bahrain offers 3-month loan, card payment deferral

20/04/2026

Kuwait Finance House - Bahrain (KFH), a leading bank in the kingdom, has announced that it is allowing individual and corporate customers to defer domestic loan instalments and credit card payments f

Trade Arabia