Abu Dhabi's Lulu Invites Pitches for 2023 UAE Listing.

(Bloomberg) -- Lulu Group International, which runs one of the Middle East's largest supermarket chains, is considering an initial public offering early next year in the United Arab Emirates, people familiar with the matter said. Abu Dhabi-based Lulu Group was founded by Indian entrepreneur Yusuff Ali, who set up the first Lulu store in the early 1990s during a years-long oil boom in the Gulf region. [Extracted from the article]