#Majid Al Futtaim
Marking the mall’s 20th anniversary, the project aims to introduce new retail, dining, wellness, entertainment, and cultural offerings
Majid Al Futtaim’s expansion in luxury retail builds on a record-setting 2024, which saw a 26 per cent increase in revenue
Majid Al Futtaim’s properties’ division delivered a 25 per cent net revenue increase, driven by strong performance across malls and its residential real estate portfolio
The supermarket retailer initially launched the service in Dubai Marina and has expanded the service to include Central Dubai, covering Downtown and Business Bay
Carrefour Jordan had announced late Monday in a Facebook post that it would no longer operate in the country
The barrierless parking solution eliminates the need for cars to stop when entering or exiting the mall’s parking lots
Ahmed El Shamy, the CEO of Majid Al Futtaim, says that Ghaf Woods embodies the group’s pioneering spirit, and it is the first development in Dubai to offer forest living
The report showed that e-commerce spending continued growing in 2023, with a 15 per cent growth rate since 2022
The Mall of the Emirates store marks the brand’s official debut in the region, with its sights set on continued worldwide expansion
The Launchpad X concept store is home to a diverse range of local brands that have displayed outstanding innovation and growth potential
Majid Al Futtaim reported a 5 per cent increase in consolidated revenue to Dhs18.9bn, and EBITDA growth of 13 per cent year-on-year to Dhs2.1bn
The collaboration will further enable customers to better manage their spending and make purchases more conveniently both in-store and online
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