UAE-based Retailer Group, One of the Fastest Growing Firms in the World

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Operator of LULU Chain of Supermarkets, the EMKE Group was positioned on the 11th placeUAE-based Retailer Group, One of the Fastest Growing Firms in the World out of 50 companies which are largest professional services network in the world by revenue and ranked 197th out of 250 as World’s Fastest Growing Firms.

On a list released by Deloitte, largest professional services network in the world stated that EMKE Group reached revenue of more than $4.5 billion in 2012.

Presently, there are 104 Lulu stores in the Middle East and has plans to open 42 new Lulu Hypermarkets in the next two years.

The company reveals that 7 new hypermarkets will be opened in the UAE in 2014-15, 6 in Oman, 4 each in Qatar and Kuwait, 3 each in Bahrain and Egypt and 15 in Saudi Arabia.

New markets were also along the way in Malaysia, Indonesia, Iraq, Algeria, Morocco and Libya.

Deloitte also added on its report that despite tough economic conditions, revenues for the world’s 250 largest retailers reached $4.3 trillion for the last fiscal year (June 2012 through June 2013).