Tuesday, 02 January 2024 12:17 GMT

Lulu Group Chief Yusuff Ali Reappointed Board Member Of Abu Dhabi Chamber


(MENAFN- Khaleej Times)

This is the second time Yusuff Ali has been appointed as a board member through resolution. He became the board member of Abu Dhabi Chamber three times through elections
  • PUBLISHED: Fri 6 Feb 2026, 6:13 PM
  • By:
  • Waheed Abbas
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Yusuff Ali MA, chairman and managing director of Lulu Group, has been reappointed to the Board of Directors of the Abu Dhabi Chamber after a decision by the Abu Dhabi Executive Council.

The Abu Dhabi Executive Council issued a resolution to appoint the UAE billionaire as a member of the board of the chamber.

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“On this occasion, Abu Dhabi Chamber extends its best wishes for success in his new role and for meaningful contributions toward enhancing the role and impact of the private sector in the Emirate, while supporting the achievement of Abu Dhabi's economic aspirations,” the Chamber said in a statement.

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Yusuff Ali was ranked the richest Indian in the UAE, with an estimated wealth of $5.8 billion.

This is the second time Yusuff Ali has been appointed as a board member through resolution. He became the board member of Abu Dhabi Chamber three times through elections

Lulu Group has a workforce of over 75,000 from 46 different nations, with operations across the UAE, Oman, Kuwait, Bahrain, Saudi Arabia, Qatar, Egypt, Indonesia, Thailand, Vietnam, Malaysia, the Philippines, China, Sri Lanka, Kenya, Uganda, South Africa, Turkey, Spain, Italy, the UK, the US and India.

His company operates a huge chain of shopping malls, hypermarkets, and a money and remittances exchange firm.

Lulu Retail posted a net profit of $36 million (Dh132 million) for the third quarter of 2025, an increase of 24 per cent year-on-year.

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