Dubai – Mubasher: The UAE-based Lulu Group has inaugurated its fifth hypermarket in Sharjah.

The Emirati group now has 139 outlets inside and outside the UAE, the hypermarket retail chain said in a statement.

The group had previously stressed that it plans to establish 20 hypermarkets in the UAE over the coming period.

On the global basis, Lulu Group revealed in September that it would pump investment worth $500 million into Indonesia over the next three years.