LOT strengthens its footprint in Sharjah with new flagship store at LuLu Hypermarket
Yusuffali MA, chairman of LuLu Group, inaugurated the new LOT store in the presence senior officials from Lulu. The new 47,000 sqft outlet marks LOT's 14th store in the GCC and the 7th in the UAE, making it the biggest LOT to date. "This expansion is part of our vision to provide customers with quality products at budget-friendly prices. Our growth in Sharjah reflects the increasing demand for value-driven shopping experiences. We are on a track to operate 50 LOT stores by 2025," said Yusuffali MA.
The LOT offers a lot of products at unbeatable prices, with many items priced below Dh19. This new initiative ensures that everyone can access high-quality products, including household essentials, kitchenware, fashion for men, women, and children, and more.
The occasion was graced by the presence of Saifee Rupawala, CEO of LuLu; Salim M A and Shabu Abdul Majeed, directors of global operations; Anand A V, director of LuLu International Holdings; Mujeeb Rehman, director of Buying; along with several other dignitaries.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Khaleej Times
18 minutes ago
- Khaleej Times
India's scam call centres targeting UAE residents go silent after KT investigation
Scam operations in Noida and Jaipur have been abruptly suspended after a Khaleej Times investigation exposed how Indian call centres were posing as Dubai-based forex firms to defraud UAE residents using spoofed +971 numbers. An employee from one of the Noida centres said there was panic after the report went viral internally. 'It was circulated everywhere. Managers were asking how the operation leaked,' he said. 'We were all told to go home and not come back until things cool down.' This isn't the first time an exposé has forced such a move. Last month, a call centre in Dubai's IMPZ area pushing similar shady platforms shut down its operations overnight after a separate Khaleej Times report. All staff were sent home without notice. The latest Khaleej Times investigation traced the scam to three centres, two in Noida and one in Jaipur, where agents used leaked UAE phone lists and sales scripts to pose as licensed brokers in Dubai. But it was the digital trail that helped unravel the deeper connection. Domain records and addresses showed multiple platforms — F1Capitals, Algo Global International, Arbitrage Prime and Oscar Markets — linked to the same Saint Lucia address. Even more telling, their websites were registered under the same proxy email and backend infrastructure, pointing to a coordinated syndicate operating across India and the UAE. Since the reports were published, Khaleej Times has been inundated with distress messages from victims, some claiming losses of up to half a million dirhams. Others wrote in saying they narrowly escaped after reading the story. Earlier, the UAE's Ministry of Interior issued a public warning, urging residents to check a platform's registration with the Securities and Commodities Authority (SCA) before investing.
Arabian Business
38 minutes ago
- Arabian Business
Dubai launches first PropTech hub to support 200 startups by 2030
The DIFC Innovation Hub and Dubai Land Department have launched the Dubai PropTech Hub. Under the directives of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, the hub is the first PropTech innovation centre in the Middle East, Africa and South Asia (MEASA) region. It will be housed within the DIFC Innovation Hub, which operates the first and largest financial technology accelerator in the MEASA region, the Dubai Media Office said in a statement. New hub to boost PropTech startups The initiative aims to transform real estate through technology by supporting more than 200 PropTech startups and scaleups. By 2030, the hub expects to generate more than 3,000 jobs and attract over $300 million in investment. The Dubai PropTech Hub will offer customised licensing options, purpose-built physical workspaces, and support programmes designed to accelerate innovation from concept to commercialisation. The facility will provide access to incubators, venture building services, joint pilots, and regulatory and financial infrastructure. Programme offerings include early-stage startup incubators and thought leadership programmes to help participants navigate PropTech trends. 'DIFC is proud to unveil the Dubai PropTech Hub and provide a world-class, financial and regulatory environment that supports real estate innovation. Laying the foundation for attracting more talent, this landmark initiative fast-tracks the expansion of the PropTech market in Dubai and positions the emirate as a global leader in real estate innovation. Furthermore, this initiative will build renewed momentum for investment, aligning with the Dubai Economic Agenda D33 and the Dubai Real Estate Sector Strategy 2033,' Essa Kazim, Governor of DIFC said. 'This hub is a natural extension of the Real Estate Evolution Space Initiative – 'REES' launched by DLD to support the innovation ecosystem and anticipate the future of the sector by harnessing technology and artificial intelligence. By encouraging startups and providing advanced infrastructure and incubators, we are enhancing Dubai's global competitiveness and offering a smarter, more connected approach to real estate investment and development,' Omar Hamad BuShehab, Director General of the Dubai Land Department added. The hub operates on a multi-stakeholder collaboration model, bringing together regulators, developers, technology companies, investors, and service providers. Founding partners include developers Binghatti, Majid Al Futtaim, Sobha Realty, and Union Properties, alongside infrastructure provider Transguard. These partners are exploring AI-powered smart building and security applications through DIFC Innovation Hub-led pilots. The Dubai PropTech Hub aims to create a more accessible, transparent, and tech-enabled property market for investors, residents, and stakeholders.
Zawya
an hour ago
- Zawya
Dubai Municipality launches ‘Future Talents' programme to train 200 students in future skills
Dubai, United Arab Emirates: Dubai Municipality has launched the latest edition of its summer training initiative, the 'Future Talents' programme, aimed at equipping 200 students with essential skills for the future labour market. The programme targets students from universities, colleges, and high schools (Grades 11 and 12), offering practical training across a variety of administrative, technical, and field disciplines. The initiative reflects Dubai Municipality's commitment to empowering young Emirati talent by providing experiential learning opportunities aligned with the Municipality's areas of specialisation. It also supports the broader objective of preparing a future-ready generation capable of contributing to national development. Abdulla Khalfan, Acting Director of the Human Resources Department at Dubai Municipality, said: 'Future Talents is one of the key programmes implemented by Dubai Municipality to attract and develop promising national talent. It enables students to enhance their academic knowledge with practical experience, helping them gain the skills and insights required to navigate the evolving labour market and seize future opportunities.' He added: 'The training agenda is designed to mirror students' academic fields, combining theoretical learning with real-world application. This approach provides students with a clearer understanding of their chosen disciplines while offering a first-hand view of institutional operations and professional responsibilities.' The four-week programme runs eight hours per day and places students across various Dubai Municipality departments based on their academic specialisation. The experience is structured to foster a comprehensive understanding of institutional work culture while sharpening core competencies such as communication, teamwork, and punctuality. In addition to building technical knowledge, the programme helps students develop personal and professional networks to support their career progression. Last year, Dubai Municipality trained 60 university and college students across 16 departments through the 'Future Talents' summer programme. In 2025, the initiative has been expanded to include high school participants for the first time.
