UAE Minister of Culture, Youth and Social Development Sheikh Nahyan bin Mubarak Al Nahyan presents ‘Forbes TOP 100 Companies’ award to Managing Director of Lulu Group, Yusuff Ali MA, at the Ritz-Carlton in Abu Dhabi recently. The prestigious Forbes award ranked Lulu Hypermarket Group third in the ‘Making an Impact in the Arab World’ category. National Commercial Bank of Saudi Arabia bagged the first position while UAE’s Al Futtaim Group secured second place. The list covers companies operating in Saudi Arabia, UAE, Jordan, Kuwait, Oman, Bahrain and Lebanon. The main criteria used for ranking are financial results, CSR programmes, global presence, no. of subsidiaries, employee strength, and the assessments of independent auditors and Forbes research team.
