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LULU GROUP SIGNS MOU WITH OSTRICH OASIS AT GULFOOD 2023
Lulu Group and Ostrich Oasis announced the signing of a memorandum at Gulfood 2023, the world's biggest food and beverage trade show concluded recently at the Dubai World Trade Centre.
The MoU signed between Fahad Al Kitbi, chairman of Ostrich Oasis, and Riyad Jabbar, director of Al Tayeb International, a division of Lulu Group, is a great turning point for the future. The grand event happened in the presence of Sheikh Ahmed bin Hamdan Al Nahyan, Yusuff Ali MA, chairman and managing director of LuLu Group International, along with other top officials from both companies.
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Under the agreement, Ostrich Oasis will provide ostrich products in the UAE and the rest of the gulf region and expand the business to a larger scale.
"Indeed, we are pleased to announce our tie-up with Ostrich Oasis, an Emirati company based in Al Ain, committed to promoting locally produced ostrich meat and related products to our hypermarkets in the UAE and the Middle East region", said
Yusuff Ali MA.
Today, ostrich farms are the most profitable agricultural projects. They are often called "the farms of the future" because of their high-profit potential and large variety of possible products. Ostriches are raised commercially for their meat, hide and feathers.