UAE based LULU Group launched MAY Exports Philippines Inc.
Lulu Group International, a highly diversified entity based in the United Arab Emirates (UAE) is all set to start operations in the Philippines by setting up its state-of- art- logistics and export center. In a bid to strengthen its reach in the ASEAN countries, Lulu group is all set to launch “MAY Exports Philippines Inc.” next week. Ideally located at Calamba Premiere International Park, the new center will be primarily engaged in sourcing, storing, packing and expoting fruit, vegetables and other commodities from the Philippines to its more than 150 Hypermarkets spread across GCC countries & Egypt. This move by the Lulu Group will further boost its sourcing operations and help bring quality Filipino products for its large customer base across many countries.
“It is part of our ongoing strategy set up own sourcing and food processing units around the world to ensure uninterrupted supply and maintain competitive pricing by eliminating third parties. The Philippines has a vast variety of Fruits, Vegetables, Ethnic Filipino Food products, Frozen food and an extensive range of other commodities like health & beauty, garments, footwear etc’, said Yusuf Ali MA, Chairman of Lulu Group.
“We are working closely with the Philipine Economic Zone Authorty (PEZA) to boost our export of these products from the Philippines to our Hypermarkets spread across Middle East & North Africa (MENA) region, Malaysia and Indonesia”, he said. We have already started exporting about US$10million worth of fruits, vegetables and other commodities from the Philippines through our new facility, which will be increased to US$30 million within a year’, added Yusuffali. At present, Lulu Group’s total trade volume of Flipino products stands at US$ 35 Million which includes Import and Local purchase.
Chaiman Yusuff Ali will take part in the opening ceremony scheduled on Wednesday, 8th August and is also expected to meet President Rodrigo Duterte during his stay in the COuntry.
Currenty, Lulu Group employs more than 5.200 Flipinos in its Hypermarkets across UAE, Saudi Arabia, Bahrain, Kuwait, Oman, Qatar & Malaysia.
About LULU GROUP INTERNATIONAL: UAE-based LULU group, is one of the top business houses in the Middle East with US$ 7.42 billion annual global turnover. LuLu Group has achleved significant growth and diversified into various busines lnes such as Retail-Sh Malls & Lulu Hypermarkets, Import & Distribution of Fresh & Frozen Foodstuffs, Food Processing -Shopping & Export. Lulu Group’s activities today transcend geographical boundaries to reach India, Mainland China, Thailand, Indonesia, Vietnam, Malaysia, South Africa, Kenya, Uganda, Turkey, United Kingdom, United States, Spain and Middle East& North African (MENA) countries such sU.A.E, Oman, Qatar, Kuwait, Saudi Arabia, Bahrain and Egypt.
Deloitte has ranked LULuGroup as the No.1 retailer in the Middle East and one among the top 20 fastest growing retailers globally. Planet Retail U.K. has also ranked the Group as the No.1 Hypermarket chain in the region.
Headed by its Chairman & Managing Director, Yusuff Ali M.A., who ranks among prominent and reputed business personalities around the world today. The Wall Street Journal has named Yusuff Ali as one of the most influential non-royal in the United Arab Emirates. In a recent survey published by Arabian Business Magazine, Yusuffali has topped the list of GCC’s 100 Most Powerful Indians.
Forbes magazine has listed Yusuff Ali on its Billionaires list with a global rank 388th richest person in the 2018’s Forbes list and 19th richest man in India. Forbes has also acknowledged him as the Most Influential Asian Business Leader in the Middle East & North Africa (MENA) region. Yusuff Ali is the only non-Arab & first Asian to be elected to the Director Board of Abu Dhabi Chamber consecutively for a record third time.
LULU HYPERMARKET, where the world comesto shop-is the top retailer in the Middle ast & North Africa (MENA) region and the fastest growing hypermarket business worldwide. Garnering more than 1,10o,000 shopping patrons every day, it is the fastest growing retail chain across 10 countries that include the GCC, India, Egypt, Indonesia, and Malaysia. Founded in the early nineties, it has successfully expanded to different parts of the world and currently operates 151 Hypermarkets with a staff force of more than 46,000.
LuLu Hypermarket, where the worid comes to shop:
* Providing more than 1.10 million customers an unparalleled shopping experience daily across the globe.
* No. 1 retail chain in the Middle East and one among the top 20 fastest growing retailers globally
* Operations in UAE, India, Saudi Arabia, Bahrain, Kuwait, Oman, Qatar, Egypt, Malaysia and Indonesia.
* One of the Middle East’s top employers with a global workforce of more than 46,000 which includes more than 5,200 Filipino staff.
For more details:
Y Tower, AL Nahyan Compound, Post Box 4048, Abu Dhabi, United Arab Emirates.
Tel: +971 2 4182000 / 4140870
Fax: +971 2 6421716