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Indian Billionaire Yusuff Ali To List Retail Giant Lulu In What Could Be U.A.E.'s Biggest IPO This Year

By Forbes   |   Oct 23, 2024 at 03:18 AM EST
Indian Billionaire Yusuff Ali To List Retail Giant Lulu In What Could Be U.A.E.'s Biggest IPO This Year

Lulu Retail Holdings, a Middle East hypermarket chain, founded by Indian billionaire M.A. Yusuff Ali, plans to list on the Abu Dhabi Securities Exchange (ADX) with a 25% stake sale in a potential $1.

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