Tag Archives: Lulu International Group – Dubai – UAE

Meet Yusuffali MA, who paid Rs 1 crore to save Kerala man on death row in UAE

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KERALA / Dubai, UAE :

Yusuffali MA is a UAE-based Indian businessman. He is a billionaire who operates the Lulu Group that owns Lulu Hypermarkets and shopping malls.

Meet Yusuffali MA, who paid Rs 1 crore to save Kerala man on death row in UAE - Business News

It was nothing sort of rebirth for Becks Krishnan, serving a death row in UAE when his 500,000 Dirhams (around Rs 1 crore) compensation was paid in full and the man hailing from Kerala was released. The generous compensation was paid by Yusuffali MA, the chairman and managing director of LuLu Group.

Krishnan was sentenced to death by UAE’s Federal Supreme Court. He had been found guilty of killing a young Sudanese boy when he recklessly drove his car and rammed a group of children in September 2012. Ever since the sentence, the family had been trying for his release. But that required a hefty compensation to be paid. This is where Yusuffali stepped in.

Meet Yusuffali MA, who paid Rs 1 crore to save Kerala man on death row in UAE - Business News

In his career as a business tycoon, Yusuffali has headed the Abu Dhabi Chamber of Commerce and Industry (ADCCI). He is the only non-Arab to be elected to the director board of ADCCI for three consecutive terms.

He has been a key mediator in the Kochi Smart City project between the Kerala government and the Dubai-based TECOM Group. Apart from his role in business, he has also organised several relief measures in India, notable among those are during the Lathur earthquake in Maharashtra, the Gujarat earthquake, and the Uttarakhand floods.

Yusauffali was conferred with Padmashree by President Pratibha Devi Singh Patil in 2008 for his achievements in business and industry. He was the first non-resident Indian (NRI) from the Gulf and the Middle East countries to be awarded Padmashree. Previously, he had been given the Pravasi Bharatiya Samman Award by late President APJ Abdul Kalam in 2005.

The UAE government in April awarded him with its highest civilian award for his noble and charitable contribution to the community. After accepting the award, Yusauffali said, “I first arrived in Abu Dhabi 47 years ago with dreams and hopes. I faced a lot of challenges and ups and downs in my life, but, today, I have reached this stage by the grace of Almighty God and the wholehearted support from the Royal Family of the UAE.”

Securing the release of Krishnan, Yusuffali simply “thanked the almighty and the benevolence of visionary rulers of UAE” for the decision, and wished him a happy and peaceful life ahead.

source: http://www.indiatoday.in / India Today / Home> Business / India Today Web Desk, New Delhi / June 04th, 2021

UAE-based Lulu Group to set up food processing centre in Jammu and Kashmir

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Dubai, UAE :

Currently, Lulu imports apples and saffron from Kashmir and imports will significantly increase in the coming years.

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The UAE-based Lulu Group International has announced a plan to set up a food processing centre in Srinagar for sourcing a wide range of agri products from Jammu and Kashmir.

The announcement was made by Lulu group chairman Yusuffali MA on Thursday during a meeting with a delegation from Jammu and Kashmir headed by its Principal Secretary (Agriculture Production and Horticulture) Navin Kumar Choudhary on the sidelines of the UAE India Food Security Summit 2020.

“As per the commitment made during the visit of Prime Minister Narendra Modi to UAE in 2019, Lulu Group is fully focused on sourcing a wide range of agri products from J&K,” Yusuffali, who is from Kerala, said.

“Setting up of a new food processing and logistics centre will further boost the export of Kashmiri products,” he said.

Currently, Lulu imports apples and saffron from Kashmir and imports will significantly increase in the coming years.

The group imported more than 400 tons of Kashmiri apples till date, despite several challenges in the recent past due to the coronavirus pandemic, according to an official statement.

Yusuffali said Lulu group is one of the leading importers of food and non-food products from India and setting up of a new food processing and logistics centre will further boost export of Kashmiri products to the Gulf Cooperation Council (GCC) and other countries.

GCC is a political and economic union of six Arab states bordering the Gulf.

Its members are the United Arab Emirates, Saudi Arabia, Qatar, Oman, Kuwait and Bahrain.

Describing the meeting as “very productive”, J&K Principal Secretary Choudhary said a large number of decisions were taken to promote the export of agriculture and horticulture products from the union territory to the entire Gulf region using stores of Lulu group.

He assured all help to Lulu group for setting up logistic facilities and offices at identified facilities in J&K.

Choudhary also welcomed the initiative of Lulu group to host a “J&K special” fortnight at all super markets at its group across the Gulf region on the occasion of Republic Day-2021 as part of Incredible India.

This fortnight celebration will begin on January 24 next year and will showcase J&K’s famous products like cuisine and cultural heritage, the statement said.

The discussions also focused on exploring the possibility of direct passenger as well as regular cargo flights between Srinagar and Dubai.

An MoU was also signed between Lulu group and Fruit Master Agro Fresh J&K for the supply of apple and other fruits for the super markets of Lulu group across the Gulf countries, the statement said.

Indian Consul General Aman Puri congratulated Lulu group for announcing a host of initiatives and the long-standing commitment and partnership in achieving the target of doubling J&K’s exports and expressed his gratitude to the company chairman for his initiatives in the union territory which would generate employment opportunities for local youths and contribute to the economic development of the region.

source: http://www.newindianexpress.com / The New Indian Express / Home> Business / by PTI / December 11th, 2020