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M.A Yusuff Ali | Success story of Lulu Hypermarket founder

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M.A Yusuff Ali

M.A Yusuff Ali is a successful businessman who made it to success through his persistent hard work and dedication. He hails from Thrissur, Kerala in India. He has built a vast empire over the years across the globe. Currently he is the managing director of EMKE Lulu Group. This firm has its headquarters in Abu Dhabi. Yusuff has a chain of Lulu hypermarkets across the Middle east. This firm has an annual turnover of about four and half billion dollars. This firm serves as a employment resource for several Indians outside the country. He has accomplished so much through his exceptional dedication and persistence over the years. He has been recognized as the 39th richest man in India. Similarly as the 737th in the entire world by the Forbes magazine.

M.A Yusuff’s early start:

M.A Yusuff Ali was born on November 15, 1955 in the Thrissur district. He completed his schooling from Natika. Following this he went to Gujarat for pursuing his diploma in the field of Business Management and Administration. After his graduation he moved forward and left the country. In the year 1973, he moved to Abu Dhabi to join the EMKE Group of companies founded by MK Abdullah, his uncle. He had inbuilt marketing skills and his innovative strategies aided him immensely. He worked day in and day out and developed the wholesale distribution. Adding on to this he also enhanced the import of the company. He was not eready to stop with what was there. Yusuff chose to explore more and went ahead to expand his empire.

He ventured into the business of supermarkets with the launch of the Lulu Hypermarket. There was no turning back following this. He was confident about what he aimed to do and went ahead chasing his dreams. The very first Lulu Hypermarket was founded during the 1990s. His timing played a major role in his strategical success for exactly during this time the retail sector of UAE went across a sea change. Several marketplaces moved to make way for hypermarkets and neighborhood stores. Therefore with the major change in the retail business, M.A Yusuff Ali made it big with his Lulu Hypermarket. It was an instant success and picked up pace over the years. Also it reached out to its customers and has expanded tremendously over the years.

Success Story of Lulu Hypermarket:

Currently, The Lulu Group has a hundred and fourteen supermarkets, hypermarkets along with grocery outlets . Majority of the outlets are located in the Middle East. Following this the firm also expanded its outlets in markets of Indonesia and Malaysia. These were targeted as ‘halal’ products become quite popular in these areas. From a rural village of southern India to several countries across the world, M.A Yusuff has come a long way. He makes all the investments for the different outlets. There is a Lulu mall and a couple of Marriott hotels in Cochin, Kerala in India as well. He has embarked his empire in his hometown as well. Following this he recently made an announcement about investing four hundred and thirty five million dollars in Telangana. In this southern state of India he is planning on a hypermarket, mall, meat and food processing unit as well as a convention centre.

He is an ardent dreamer and believed in reaching his dreams through hard work and persistence. Therefore he has built his empire over the years with his strategical ways and he exemplifies a dedicated business man.

Also Read : SEE LARGEST QURAN MADE BY PAKISTANI ARTIST SHAHID RASSAM IN EXPO 2020 DUBAI.

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Dubai eases restrictions on students returning from Abu Dhabi schools

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On Monday, pupils at Abu Dhabi schools will be able to return to class as Dubai lifts its

The move follows a period of online instruction at Abu Dhabi school since the start of January. As a precautionary measure amid a surge in Covid-19 infections. With the move, all Abu Dhabi schools have reverted students to online learning at the start of January. Due to an outbreak of Covid-19 have now resumed in-person teaching.

“Thanks to the support and cooperation of parents, educators, and students, PE lessons, gatherings, trips, and extracurricular activities can resume on Monday.” Dubai’s Knowledge and Human Development Authority announced on Friday.  “Because of the support and cooperation of parents, educators, and the students themselves, PE lessons, gatherings, and trips will resume on January 31,” the authority said.

ALSO READ: Emirates unveils world’s most expensive and fastest ambulance

Private schools, preschools, and universities can reopen their cafeterias and eating areas starting on January 24.  Earlier this month, authorities announced a phased return of schools it will take place on January 24 and 31.

The headteacher of Brighton College Abu Dhabi. Helen Wilkinson said the move had been in the making for a long time.

Abu Dhabi welcoming back its prep and senior students

It will be staggered and controlled on Monday morning and evening, she said. “We are excited to see as much of the Brighton community again on Monday.”

“Distance learning has developed in leaps and bounds since the beginning of the pandemic. Moreover. But it cannot replace the buzz felt when we are all in the same room together.

However, As the school prepares for the full return of all year groups on Monday. Ms. Wilkinson said they will be making sure all PCR test results are within the 96-hour period and taking temperature readings on arrival.

Michael Wilson Principal of Cranleigh Abu Dhabi said welcoming back its prep and senior students is a major highlight.

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Sheikh Mohammed is highlighting German Pavilion in Expo 2020 Dubai.

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Sheikh Mohammed bin Rashid

Germany played a vital role in EXPO 2020. That’s why Sheikh Mohammed highlighted this by visiting German Pavilion in EXPO 2020 Dubai. 

the Expo 2020 Dubai

the Expo 2020 Dubai

This world fair in Dubai was not accessible. The role of Germany has been influential, and that’s why Sheikh himself highlights that by visiting their pavilion. Sheikh Mohammed Highlighting German Pavilion in EXPO 2020 Dubai shows how much he cares for people who have helped make EXPO 2020 successful. Germans are lucky to get such appreciation from the man himself. 

It’s all giving and take. The people who stand by you in starting should be given credit when you are at the top. Sheikh did the same by visiting German Pavilion at EXPO 2020.

His Highness Sheikh Mohammed bin Rashid Al Maktoum:

Today, the vice-president and Prime Minister of the UAE and Ruler of Dubai stayed at the German pavilion at Expo 2020 Dubai.

During the visit, Sheikh Mohammed highlighted the significance of Germany’s role at Expo 2020 Dubai. Given its vast knowledge and experience in innovation and in feeding solutions that serve society.

Sheikh Mohammed also highlighted the mega event’s chances to share ideas and innovations that build a better future for humanity. HE NOTED THAT the UAE is keen to fund innovative ideas to enhance people’s satisfaction and quality of life.

During the tour, Sheikh Mohammed show various parts of the German pavilion located at the Sustainability District. Under the theme ‘Campus Germany’, the pavilion features sustainability-themed standards of invention and ingenuity.

Sheikh Mohammed saw the pavilion’s individual exhibition spaces to create visitors’ immersive experience. The pavilion has an ‘Energy Lab’, ‘Future City Lab’ and a ‘Biodiversity Lab.’ It showcase different German innovations that encourage sustainability.

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The demand for Gold peaked in the last three years in the UAE.

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Gold rates dubai 2022

Gold is showing incredible strength even in 2022. Once again, the demand for Gold peaked. It is currently at the highest level. Data shows the market of Gold is most elevated in the last three years. Many forces are supporting gold demand this year too. 

Gold prices in the UAE rise

Gold prices in the UAE rise

Rise of Gold at the top in 2022:

This yellow metal continues to outperform. This year it is standing at three years’ highest level demand. The demand for Gold in UAE is at its peak. According to the World Gold Council, the market for Gold reached 1,147 trillion in Q4 2021. Its highest quarterly level since Q2 2019, and an upsurge of almost 50 percent year-on-year.

Annual demand, excluding OTC markets, has healed many of the Covid-19 caused losses from 2020 to reach 4,021 trillion for the entire year in 2021.

The gold bar and coin market rose 31 percent to an eight-year high of 1,180 trillion. Retail investors desired a haven against the background of growing inflation and constant economic pause caused by the coronavirus pandemic.

World Gold Council’s Data 2021-22:

The World Gold Council’s data series registered outflows of 173 trillion in 2021 from gold-backed ETFs. Some investors decreased barriers early in the year amid vaccine rollouts, while growing interest rates made maintaining Gold more expensive.

The 2,200 trillion that gold ETFs have gathered over the preceding five years indicates investors’ continuing priority on including Gold in their portfolio. 

Q4 demand surpassed its highest level since Q2 2013. A quarter where the cost of Gold was 25 percent lower than the average relative price in 2021. This underlining the power and demand of Gold in the most recent quarter.

According to the World Gold Council, growing inflation and the post-pandemic economic tension have sent demand for Gold to a two-year high.

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