Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, today celebrated the topping out milestone for the new Aloft City Centre Deira, Dubai.
Majid Al Futtaim, announced that it will open the first Abercrombie & Fitch store, including a shop-in-shop for its abercrombie kids brand, in Jeddah, Saudi Arabia at the Red Sea Mall.
Majid Al Futtaim will grow its existing portfolio of pioneering malls in Oman with City Centre Sohar. The mall, located in the Northern Governorate’s historic capital Sohar, is due to open in late 2018.
Majid Al Futtaim announced that its mall visitors donated more than 60 tonnes of books, toys, clothes and other items to less fortunate families across the region during its 11th annual ‘Make a Difference’ Ramadan campaign.
Abu Dhabi’s retail and entertainment sectors are set for further growth following the announcement of the first-ever City Centre mall in the UAE capital.
Majid Al Futtaim announced today continued financial growth throughout its business during the first six months of the year, with overall group revenue expanding by 4% to AED 15.7 billion and EBITDA increasing by 4% to AED 2.0 billion. At constant FX rates
Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has announced the acquisition of Retail Arabia, the franchise owner of 26 Geant stores across the United Arab Emirates, Bahrain and Kuwait as well as 4 Gulfmart supermarkets in Bahrain. The deal has been agreed between Majid Al Futtaim and Retail Arabia’s parent company BMA International.
Enova – the regional leader in integrated energy and multi-technical services – will supply solar power to four Majid Al Futtaim malls, delivering expected savings of AED 80 million.
Majid Al Futtaim today launched its 11th annual ‘Make A Difference’ campaign, which encourages the act of giving during the holy month of Ramadan.