Strategically located in the heart of Al-Kharj, the new hypermarket covers a total built-up area of over 161,000-square-feet It is LuLu’s 15th hypermarket in the Kingdom and 158th globally UAE-based LuLu Group has launched its newest hypermarket in Saudi Arabia’s Al-Kharj city. It is LuLu’s 15th hypermarket in the Kingdom and 158th globally. The store was officially inaugurated by Musaed Abdullah Al-Madhi, governor of Al-Kharj, in the presence of several dignitaries. Strategically located in the heart of Al-Kharj, the new hypermarket covers a total built-up area of over 161,000-square-feet. Yusuf Ali M. A., chairman of LuLu Group, said: “We are proud to reach out to another potential market in Saudi Arabia, where we come closer and give a conducive shopping environment to shoppers based in distant locations and I am sure the shoppers here will be pleased by the new retail experience we have created here. Through our internationally sourced quality products and enthusiastic staff, Lulu has been the most preferred destination for different nationalities and we will continue to preserve this identity with our new store.” Elaborating on the group’s expansion plans, Ali said: “We are upbeat about the vast investment opportunities laid open in the Kingdom, thanks to the Kingdom’s Vision 2030. “We have already announced that as part of our expansion plans, 15 new hypermarkets will be opened in the Kingdom by 2020 at an investment of SR1 billion ($266 million). Under this plan, three hypermarkets have already been opened and another two hypermarkets are in line to be opened in Dammam and North Riyadh within the next three months.” “This is apart from the SR1 billion that we have already invested in the Kingdom till now,” he added. LuLu recently signed an agreement with the Saudi Arabian National Guard to open two shopping centers and seven supermarkets in Dammam and Al-Ahsa. Works are in full swing to open three stores in the National Guard campus before the end of 2019. “Investors need to support the economic reforms that are being introduced to boost the Kingdom’s economy and have to play an active role in the efforts to generate more jobs for the citizens,” said Ali