Abu Dhabi’s ADQ agrees to fund up to $1bn expansion for Lulu in Egypt

ADQ, the investment owned by the Abu Dhabi government, has signed an agreement with supermarket chain Lulu International to help fund its expansion in Egypt. The investment could be up to $1bn and see Lulu build a further 30 hypermarkets and 100 convenience stores in the country. But will it actually happen? [...]
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