LuLu Hypermarket Saudi Arabia has been named the Most Admired Value Retailer of the Year at the IMAGES RetailME Awards — KSA 2025, held in Riyadh.
The annual event recognizes retailers across the Kingdom for their performance, innovation, and customer engagement. LuLu was selected in the value retail category for its operations across more than 71 outlets in Saudi Arabia.
Recently, in a comprehensive nationwide price comparison survey conducted by Al-Eqtisadiah newspaper’s Financial Analysis Unit to evaluate retail prices across the Kingdom in 2024, LuLu ranked first for offering the best overall prices, surpassing other major retailers.
Receiving the award, Mohammed Haris, director of LuLu Saudi Arabia, said the win reflected the combined efforts of store teams across the country. “We acknowledge this as a recognition of the commitment shown by our staff and the support of our customers,” he said.
The RetailME Awards, organized by Images Group Middle East, bring together leading retail brands, industry executives, and analysts to highlight key developments shaping the region’s consumer market.
Organizers said the 2025 edition focused on brands demonstrating consistent operational standards, business resilience, and alignment with Saudi Arabia’s broader economic goals under Vision 2030.
LuLu named ‘Most Admired Value Retailer of the Year’
https://arab.news/zgnc5
LuLu named ‘Most Admired Value Retailer of the Year’
Arab Investment launches new corporate identity
The Arab Investment Company has launched its new corporate identity, “Arab Invest,” in a strategic move that reflects its future direction and marks the start of a new chapter in its journey, which began in 1974, as one of the Arab sovereign wealth funds concerned with developing resources and enhancing economic integration among its 16 Arab member states.
The new corporate identity reflects the company’s value system underpinning its investment approach, based on robust governance, sustainability, effective partnerships, and adherence to the highest professional and economic standards, embodying its vision of building high-quality investments aligned with the priorities of the shareholder states.
Saad bin Abdulaziz Al-Khalb, chairman of the board of directors, said: “The launch of the company’s new identity comes within the context of a strategic phase aimed at enhancing clarity of institutional vision and consolidating the company’s position over the long term, in line with shareholders’ aspirations and reflective of the requirements of the coming period.”
He added that the new identity is viewed as a clear translation of a well-considered investment trajectory that reflects depth of experience, strengthens stakeholders’ confidence, and supports the company’s ability to continue serving the interests of the Arab member states.
CEO of Arab Invest Abdullah bin Saleh Bakhraibah said the launch of the new corporate identity represents, in essence, a new chapter in the company’s journey spanning more than 50 years. He noted the particular importance of this step at both the strategic and operational levels, as the new identity reflects a series of institutional transformations the company has undergone in recent years, including achieving the highest financial revenues in its history during 2025.
Bakhraibah added: “The new identity is not merely a visual update for the company; rather, it is a strategic message that expresses an advanced stage of institutional maturity, while simultaneously underscoring the deep historical roots of one of the region’s most established Arab sovereign wealth funds, consolidating its distinguished position and the credibility it enjoys in the Arab investment landscape, enabling it to keep pace with major economic developments and enhancing the company’s readiness to continue growth and expansion in accordance with best-in-class investment practices.”
He also highlighted the company’s distinguished investment efforts since the launch of its new strategy, saying that Arab Invest has recently witnessed notable development in local and global strategic partnerships, to achieve the highest performance standards and institutional operating mechanisms. Bakhraibah emphasized the company’s continued commitment to delivering sustainable investment impact in line with the aspirations of the coming period.
