Petromin Energy and Lulu Sign Strategic Partnership to develop 10 SWFT convenience stores in Saudi Arabia

Manal Saleh 

Jeddah: Petromin Energy, a leading Saudi-origin energy and mobility company under Al-Dabbagh Group, and Lulu, one of the region's leading retail chains, today signed a Strategic Partnership agreement to develop 10 SWFT convenience stores by Lulu at Petromin's gas station locations across the Kingdom. Under the agreement, six stores will open in Jeddah and four in Riyadh, marking a significant step in the expansion of Lulu's convenience retail footprint through strategic collaboration with one of Saudi Arabia's most established mobility and energy providers.

The signing ceremony was held in Jeddah in the presence of Amr Al-Dabbagh, Chairman of Al-Dabbagh Group and Yusuffali M.A, Chairman of Lulu Group. The agreement was signed by Mohammed Haris, Director of Lulu Hypermarkets KSA, and Amit Wankhede, CEO of Petromin Energy.

Speaking on the occasion, representatives from both organizations underscored the shared vision behind the partnership bringing trusted, convenient retail experiences closer to motorists and communities across the Kingdom while supporting Saudi Arabia's Vision 2030 goals around retail innovation, mobility, and everyday convenience.

Petromin Energy operates an extensive network of fuel stations across Saudi Arabia, positioning it as an ideal strategic partner for this expansion. Beyond the planned locations, both Petromin Energy and LuLu have expressed high interest in exploring further collaboration at additional fuel station sites across the Kingdom, reflecting the potential for continued expansion of the SWFT by LuLu concept as both companies seek to strengthen their presence across the Kingdom’s retail and mobility landscape.

SWFT by LuLu was designed to offer a fast, seamless, and premium grab-and-go shopping experience for modern consumers. True to its name, SWFT focuses on speed and convenience, strategically locating its stores in high-traffic hubs such as metro stations, airports, and petrol stations.

About Petromin Energy:

Petromin Energy, a subsidiary of Petromin, operates a rapidly expanding network of mobility powering stations across Saudi Arabia and Egypt. Designed as one-stop destinations, these centers provide a comprehensive portfolio of services, including high-quality fuels, lubricants, convenience retail, food and coffee offerings, as well as professional carwash facilities. In addition, Petromin Energy integrates EV charging infrastructure and advanced mobility solutions to support the region’s transition toward cleaner and more sustainable energy. The company plays a pivotal role in advancing Petromin’s mission to drive innovation in mobility, while directly contributing to the transformative objectives of Saudi Vision 2030.

Learn more at www.petrominenergy.com.sa

About LuLu Saudi Arabia:

LuLu is the largest pan-GCC full-line retailer and the fastest-growing player of scale in the Kingdom of Saudi Arabia, operating an extensive network of hypermarkets, express stores and mini markets across the region. Part of Lulu Retail Holdings, which is listed on the Abu Dhabi Securities Exchange, LuLu has grown from a single store into a trusted household name renowned for quality, value and an unmatched product range spanning fresh food, groceries, electronics, and lifestyle. Guided by its enduring promise of being “where the world comes to shop,” LuLu combines world-class sourcing, modern retail formats and a strong omni-channel presence to deliver a seamless shopping experience for millions of customers every day. In Saudi Arabia, LuLu continues to expand its footprint and invest in local talent and communities, contributing meaningfully to the retail innovation and economic diversification goals of Saudi Vision 2030.