Tuesday, July 7, 2015

The Biggest Shopping Super Shopping Chain in Middle East ( UAE) is Owned by Indian

It is surprise to me that the largest chain of supermarkets in the Middle East is owned by an Indian .He is Yusuffali M.A who hails from Nattika in Thrissur district of Kerala. He is the Managing Director. Yusuffali was born in 1995 and came to Dubai. He opened his first store in 1995. He is the largest employer of Indians outside India. He has a chain of super markets spread all over the Middle East. He has now opened one supermarket in Kerala India also.

The success of Yusuf Ali can be gauged from the fact that Forbes ranks him as the 39th wealthiest Indian and the 974th richest in the world. His personal wealth is estimated at $1.6 billion

The supermarkets go under the name “Lulu” and are massive markets dishing out thousands of products from eats, to TVs and readymade clothes to cooked meals. Truly it’s an experience to shop at one of his hyper stores and there are 105 of them

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