The conglomerate will use the proceeds from its fourth green sukuk issuance to refinance an older $800m bond commitment due in May 2024
Majid Al Futtaim’s latest ‘State of the UAE Retail Economy’ Q4 report, revealed that e-commerce sales continued their strong upward trajectory, more than doubling to $6bn in 2022 from $2.6bn in 2019
The mall is in the initial phase of development and will open to visitors after multiple stages of testing
Mall of Oman, which had a soft launch in September 2021, is home to Snow Oman – the largest snow park in the region, Oman’s largest VOX Cinemas and 260 international and local retail outlets
As we look to the year ahead, we will undoubtedly see ‘moments’ become the currency of customer experience
A hand-held device, simple to use with a bank card or smartphone, allows customers to scan and bag purchases
Founded in 1912 in Turin, Italy, Poltrona Frau is known for its 21-step tanning process to create enduring leather items
The barometer, developed to systematically track progress on an annual basis, will offer a deeper understanding of the status of MENAP economic integration
Ahmed Galal Ismail assumes the position from Alain Bejjani, who served in the role for eight years
Seven ‘Gameboxes’ will be introduced in two Magic Planet locations in Dubai and Sharjah in January
SHAREPay enables members to link up to 10 existing debit/ credit cards to a single digital card, enabling seamless instant earning and burning of SHARE points
Majid Al Futtaim – Properties’ revenue rose 51 per cent to Dhs2.4bn, while EBITDA was up 27 per cent to Dhs1.4bn
In the first half of 2022, the retail general category was up by 15 per cent from the same period in 2021
The new store houses multiple categories including indoor and outdoor furniture, kitchenware, bedding, lighting, rugs, accessories and more
Agreement will see Majid Al Futtaim and Binance work jointly on non-fungible tokens and crypto payments with Binance Pay
The regional-based campaign has received feedback from 10,000 customers at City Centre Mirdif and Deira, as well as online channels
Customers and visitors in Dubai will get the exclusive chance to interact with the unique, fully digital, and physical concept store
Having founded the Majid Al Futtaim group in 1992, the businessman oversaw its growth into a massive retail conglomerate across the region
Renewed focus lies in Emirati talent development, training and upskilling opportunities through the MAF leadership institute retail business school
The discount is applicable across all classes at the pop up located on the lower ground floor of the mall from September 16-23
Focus will be on university students, recent graduates starting their careers, young professionals already in digital roles as well as upskilling MAFers
The store – the first such Carrefour worldwide, has 97 cameras in-store to identify products, improve inventory management and track the movements of customers
Key features include a 15-screen Vox cinema complex and the country’s largest indoor snow park
Standard Chartered Bank acted as sustainability coordinator on the loan
Majid Al Futtaim operates operates 615 screens across eight markets in the Middle East
Its key features include over 350 retail outlets, a 15-screen VOX cinema and the country’s largest indoor snow park
The agreement will bring clean energy to The Bahrain Mall, operated by Carrefour Bahrain
Under the exclusive agreement, six titles will be released in theaters across eight territories within the MENA region
Spread across two floors, the hybrid cinema and family entertainment centre also consist of a Magic Planet playzone
Moviegoers will have to be vaccinated and registered on Kuwait’s Immune App to be able to enter the cinema