Abu Dhabi-based retail group Lulu plans to invest over OR100m in expansion plans into Oman, Khaleej Times has reported. Lulu, which owns 76 stores across the GCC and Yemen, plans to open five new hypermarkets in Oman this year at a total cost of OR90m, and will take the total count of Lulu outlets in the country to 11. The company will also invest OR14m in an ultra-modern shopping mall and hypermarket in Buraimi, expected to be ready by end of next year.
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