Majid Al Futtaim

Al Futtaim announces $116.8 million

Dubai - Emirates Voice

Shopping mall operator and retail firm Majid Al Futtaim has announced plans for a $116.8 million (SR438 million) shopping center in the Omani city of Sohar. City Centre Sohar, which will have 130 stores, a Carrefour Hypermarket and a nine-screen VOX Cinemas, is due to open in late 2018. Sohar is a key driver of Oman’s diversification strategy and isRead more

Majid Al Futtaim acquires Retail Arabia

Dubai - WAM

Majid Al Futtaim, the leading shopping mall, communities, retail and leisure conglomerate across the Middle East, Africa and Asia, has announced its acquisition of Retail Arabia, the franchise owner of 26 Geant stores across the UAE, Bahrain and Kuwait, as well as four Gulfmart supermarkets in Bahrain. The deal was agreed between Majid Al Futtaim and Retail Arabia’s parent company,Read more

Majid Al Futtaim and Fetchr partner to deliver shopping

Dubai - Gulf News

Majid Al Futtaim, the Dubai-based developer, has launched a new service with start-up Fetchr that allows customers to drop off their shopping bags at the mall, and have them delivered to a destination of their choosing. Gulf News reported at the beginning of April that the two companies had partnered, with Majid Al Futtaim Properties CEO Robert Welanetz describing inRead more

Omran appoints Peter Walichnowski as the new chief executive officer

Muscat - Emirates Voice

Omran has appointed Peter Walichnowski as the new chief executive officer, the board of directors of the company announced on Sunday. Effective today, the newly appointed CEO will lead the company in its state-level mandate as the Sultanate’s leading executive arm and master developer of tourism destinations and urban communities, aimed at contributing towards the country’s fast growing tourism industry. Read more

Snow time like the present: Cairo gets its own indoor ski park

Cairo - Arab Today

The Egyptian capital is in for a cold snap after UAE-based developer Majid Al Futtaim opened a 165-000-square-meter shopping complex in Cairo Thursday, complete with an indoor ski slope similar to Ski Dubai. The new mall – named The Mall of Egypt – is also home to a games arcade and multi-screen VOX cinema with a total of 21 theatersRead more

Dubai’s Majid Al Futtaim CEO: Souq.com is a great company

Davos - Arab Today

Majid Al Futtaim Holding wants to expand its e-commerce operations and would not rule out an acquisition of Souq.com, the online trader that has been at the centre of takeover speculation. Alain Bejjani, the chief executive of the retail conglomerate behind Mall of the Emirates, said: "Digital trading is very important for us. It is absolutely necessary to grow it.Read more

Maf opens Mall of Egypt in Cairo, complete with indoor ski slope

Cairo - Arab Today

Majid Al Futtaim (Maf), the conglomerate behind Mall of the Emirates, has opened its Dh2.6 billion Mall of Egypt in Cairo featuring Africa’s first indoor ski slope. The mall, which is part of a Dh5.1bn investment in the North African country, has 165,000 square metres of gross leasable area, with 350 local and international retailers, 21 Vox cinemas and aRead more

Lulu, Majid Al Futtaim and Savola on 250 global retailers list

Jeddah - Arab Today

The top 250 global retailers generated aggregated revenues of $4.31 trillion in fiscal year 2015, representing composite growth of 5.2 percent, according to the “Global Powers of Retailing 2017: The Art and Science of Customers” report from Deloitte Global. “Slow economic growth in major developed economies, high levels of debt in emerging countries, deflation or low inflation in rich countriesRead more

My City Centre Nasseriya marks its third anniversary

Dubai - Arab Today

My City Centre Nasseriya, Majid Al Futtaim’s neighbourhood retail concept in Sharjah – is inviting surrounding communities to come celebrate the mall’s third successful year and anniversary. Visitors will have the chance to win exciting instant prizes and three lucky winners will take home 50 gram, 22 Carat gold bars, from February 1 - 28, 2017. Shoppers who spend AEDRead more

Global superstar JESSIE J to perform at Mall of the Emirates

Dubai - Arab Today

Majid Al Futtaim’s flagship luxury destination Mall of the Emirates will host global music star, Jessie J, on Friday 20th January 2016 at 6pm. Five fans of the talented singer/songwriter will have the opportunity to meet the star by taking part in a competition on the mall’s social media pages. Jessie J’s highly anticipated performance is part of the ‘fashiontainment’Read more