Louvre Abu Dhabi’s ‘Art Here 2025’ explores power of shadow and light

Louvre Abu Dhabi’s ‘Art Here 2025’ explores power of shadow and light
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Louvre Abu Dhabi’s ‘Art Here 2025’ explores power of shadow and light
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Louvre Abu Dhabi’s ‘Art Here 2025’ explores power of shadow and light
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Louvre Abu Dhabi’s ‘Art Here 2025’ explores power of shadow and light
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Louvre Abu Dhabi’s ‘Art Here 2025’ explores power of shadow and light
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Louvre Abu Dhabi’s ‘Art Here 2025’ explores power of shadow and light

Louvre Abu Dhabi’s ‘Art Here 2025’ explores power of shadow and light

Louvre Abu Dhabi’s latest edition of Art Here continues to draw visitors under its iconic dome, where six striking contemporary works explore the power and symbolism of shadows. Presented in partnership with Swiss luxury watchmaker Richard Mille, Art Here 2025 opened in October and runs until Dec. 28.

Now in its fifth year, Art Here has become one of the UAE’s most anticipated cultural fixtures. The exhibition serves as a showcase for regional creativity and a platform for global collaboration, offering artists the chance to engage with the museum’s unique architecture and universal mission. Each year, it culminates in the prestigious Richard Mille Art Prize, presented to one of the shortlisted artists whose work best captures the vision behind that year’s theme.

Swiss-Japanese curator Sophie Mayuko Arni guided this year’s theme, “Shadows,” inviting artists to consider the delicate balance between light and concealment, presence and absence. The resulting installations transform the museum’s spaces into meditations on memory, time, and transformation, encouraging visitors to reflect on how art can render the invisible visible.

Manuel Rabaté, director of Louvre Abu Dhabi, described Art Here as “one of the museum’s most dynamic initiatives, celebrating the diversity of artistic voices from the region and beyond.” He said the 2025 edition deepens the museum’s dialogue with creators locally and internationally.

The exhibition brings together seven artists whose practices span architecture, sound, sculpture, and installation, each responding to the theme in a distinct and deeply personal way. Among them, Palestinian architect and artist Ahmed Alaqra presents “I Remember,” a sculptural work made of stacked acrylic cubes that capture fleeting urban shadows drawn from Sharjah’s architecture. Emirati artist and musician Jumairy offers Echo, an interactive installation that transforms myth and memory through sound, water, and reflection, evoking the story of Echo and Narcissus while inviting visitors into a meditative state.

Japanese artist Ryoichi Kurokawa’s skadw- envelops viewers in fog, light, and sound to evoke the Japanese concept of Ma, the beauty of intervals and negative space, while fellow Japanese artist Rintaro Fuse’s A Sundial for the Night Without End uses polished steel and cosmic geometry to reflect on time and eternity. Pakistani-born artist Hamra Abbas contributes Tree Studies, a series of stone inlay sculptures inspired by trees found in Pakistan and the UAE, arranged to mimic the layered shadows of palm groves. The architectural duo YOKOMAE et BOUAYAD, composed of Japanese architect Takuma Yokomae and Moroccan designer Dr. Ghali Bouayad, created a choreography of a cloud, dancing shadows, and a pavilion-like structure of woven stainless-steel mesh that sways gently under the dome’s filtered light.

For Richard Mille, the collaboration extends the brand’s longstanding commitment to the arts. “The shortlisted works this year are not only visually striking but intellectually rigorous, engaging with the theme both visually and emotionally,” said Tilly Harrison, managing director of Richard Mille Middle East. “That level of ambition is what makes the Richard Mille Art Prize a meaningful contribution to contemporary art in the region.”

The 2025 finalists were selected from more than 400 submissions from artists based in the GCC, Japan, and across the MENA region. Their works were chosen by a distinguished jury consisting of Sheikh Zayed bin Sultan bin Khalifa Al-Nahyan, adviser to the Ministry of Foreign Affairs and founder of UAE Unlimited, alongside Dr. Guilhem André of Louvre Abu Dhabi, Maya Allison of New York University Abu Dhabi, guest curator Arni, and Yuko Hasegawa of Kyoto University. The winner of the Richard Mille Art Prize will be announced in December.

As the exhibition enters its final months, Art Here 2025 continues to draw art enthusiasts, collectors, and curious visitors eager to experience how light, shadow, and imagination can converge under the Louvre’s dome. In doing so, it reaffirms Abu Dhabi’s role as a bridge for culture and creativity, a place where art’s quietest moments can illuminate the world.


Lulu reports $6bn revenue in 9 months; profit up 7.5%

Lulu reports $6bn revenue in 9 months; profit up 7.5%
Updated 14 November 2025

Lulu reports $6bn revenue in 9 months; profit up 7.5%

Lulu reports $6bn revenue in 9 months; profit up 7.5%

Lulu Retail Holdings PLC, the largest pan-GCC full-line retailer, has announced its financial results for the nine-month period that ended on Sept. 30.

Key highlights

  • 9M 2025 revenue of $6 billion, +4.7% year-on-year
  • Q3 2025 revenue of $1,896 million, +2.0% year-on-year 
  • EBITDA for 9M 2025 increased to $598 million, +5.5% year-on-year and margins improved by 8 bps over the prior period
  • Net profit from continuing operations increased 7.5% year-on-year to $163 million for the first three quarters
  • Six new stores opened in Q3 2025, taking the total to 13 in the first nine months. A further three opened in October 2025
  • Continued growth in e-commerce channel with Q3 2025 revenues increasing by 32.4% year-on-year
  • 9M 2025 margins benefited from 6.4% growth in private label business, as customers continue to seek value products
  • Half a million Loyalty members added in Q3 2025, loyalty-linked sales climbed to 71.8%

Saifee Rupawala, Lulu CEO, said: “Amidst a challenging grocery retail environment, Lulu continues to show resilience as we execute on our growth strategy. Year-on-year customer count growth of almost 5% demonstrates the strong appetite for Lulu’s value to premium offering. Nine months into the year, our store rollout program remains on track and like-for-like sales are positive in all our countries except Bahrain.

“As customer preference for online channels continues to grow, Lulu is investing in our e-commerce offering, which is scaling at a rapid rate. Furthermore, we are evolving our customer offering with a trend towards smaller stores and a disciplined rollout programme. Combined with internal efficiency measures, the decisions we are taking today will help us to continue to be the leading pan-GCC full-line retailer in the years to come.”

Q3 2025 revenue totaled $1,896 million, +2.0% year-on-year. Overall 9M 2025 revenue of $6.0 billion represents a 4.7% increase year-on-year. Whilst like-for-like sales stand at +2.5% for 9M 2025, in Q3 2025 like-for-like sales declined 1.0%. In the quarter, customer count increased, although average basket value declined, indicating smaller spend per visit despite higher footfall.

Sales growth has been led by high demand for fresh food and electrical goods. Fresh food demand has been supported by Lulu’s growing e-commerce channels. This growth has been partially offset by slower demand for lifestyle goods.

E-commerce continues to scale with year-on-year growth of 32.4% in Q3 2025, aligned to 33.6% year-on-year growth for 9M 2025. Lulu’s partnerships with aggregators remain a significant source of revenue growth, but investments in the Company’s own offering is seeing high growth in order volumes.

Private label products remain in high demand as consumers demonstrate ongoing price sensitivity. This is reflected in volumes growing at a faster rate than sales. During the quarter, private label sales increased 6.2%, taking penetration to 30.6%.

Gross profit increased 3.1% in Q3 2025 to $449 million. This exceeded the revenue growth rate as gross margin increased 26 basis points, as the high-margin fresh food category saw strong growth. EBITDA of $180 million in Q3 2025 represented broadly flat margins year-on-year. Similarly, net profit margins for Q3 2025 were also flat year-on-year, with $36 million reported for the period.

The company’s balance sheet remains stable and strong. Net debt of $2.6 billion equates to an overall net debt/EBITDA position of 3.2x and 1.4x excluding lease liabilities, which is similar to prior periods.

During Q3 2025, Lulu opened one hypermarket, three express and two mini markets in the UAE, KSA and Kuwait, adding a total retail space of 18,047 square meters. This takes Lulu’s total retail space gross additions to approximately 49,428 square meters during 2025. Three stores were opened in October and a further four are scheduled for November and December, taking total openings to 20 for the year. Two stores were closed in the quarter, one express store in the UAE and a mini market in KSA. Over the next three years, our opening programme has been reviewed and now comprises 50 openings split roughly equally between the UAE, KSA, and our other GCC markets.

The company is evolving to meet the challenges of the changing retail landscape in KSA. Online and quick-commerce platforms are scaling quickly while value-focused players expand their footprint, intensifying competition across channels. Lulu continues to selectively expand our store network in high-potential catchments, while simultaneously scaling our own e-commerce platform.

In addition, a number of strategic initiatives have been launched, including smarter promotional mechanics, reducing wastage in our fresh food category and pursuing cost optimization across the network. Additionally, we are expanding partnerships with aggregators to widen our reach and customer proposition.

E-commerce sales increased quarter-on-quarter, now representing 6.4% of total retail sales in Q3 2025. Lulu's online order volumes have increased by 70% in the first nine months of the year, reflecting growing customer adoption and engagement. 102 stores are omni-channel enabled, including 60 express stores offering 30–45 minute delivery, strengthening our fast-commerce capabilities.

Founded in 1974, Lulu Retail, together with its subsidiaries, is the largest pan-GCC full-line retailer by selling space, sales and number of stores, operating 263 hypermarket, express and mini-market stores across the six GCC countries.

The group also operates a growing ecommerce presence through its mobile app, webstore and partner channels. To serve more than 690,000 daily shoppers from 130 nationalities every day, the Group sources products from 85 countries, enabled by an on-the-ground sourcing presence in 19 countries.

The group’s strong brand recognition and trust among consumers in the GCC is enabling the growth of its existing stores, expansion of its store network and elevated loyalty across its customer base.