(MENAFN) LuLu Hypermarkets announced plans to construct 15 stores in Saudi Arabia in the following two years, Saudi Gazette reported.
The founder of EMKE Group, the owner of the chain, said that this move is part of the company's plan to construct 44 new hypermarkets in the GCC in the next two years.
"After this Arab Spring all these countries now they're now liberalizing the foreign investment law and people need organized retail instead of traditional," he said.
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