#malls

City Center Al Zahia

Majid Al Futtaim reports H1 net profit of Dhs1.6bn

Majid Al Futtaim Properties delivered a record performance, driven by the success of UAE-based shopping malls and strong consumer confidence

EMAAR FY2023 results -photo-courtesy_emaar

Emaar FY2023 profit rises 70%, property sales reach $11bn

The Dubai-based developer reported a 7 per cent increase in revenues to Dhs26.7bn ($7.3bn)

Al Othaim family

Saudi Al Othaim family scraps IPO of malls

Abdullah Al Othaim Investment Company decided to cancel the listing of a 30 per cent stake on the Saudi stock exchange

Emaar signs deal with Dubai Holding to acquire Dubai Creek Harbour

Dubai’s Emaar Properties records 241% increase in net profit for Q1 2022

Emaar Properties’ revenue for the first quarter of the year increased by 12 per cent to total $1.806bn

GCC: How a traditional mall can become relevant and profitable again

The new consumer is looking for a multi-layered and interactive environment, which can provide memorable and rewarding experiences

Covid-19: All the new Abu Dhabi guidelines that will take effect from July 19

The emirate has restricted movement between midnight and 5am daily and reduced operating capacity at malls, gyms and restaurants

Only vaccinated individuals now allowed to enter malls, restaurants, gyms and salons in Kuwait

A person will need to show their vaccination status on the My Identity or Immunity mobile application

Majid Al Futtaim City Centre Al Zahia mall Sharjah

Majid Al Futtaim opens Dhs2.6bn City Centre Al Zahia mall in Sharjah

It is the largest mall in the Northern Emirates within the UAE and will feature over 360 brands, including a 16-screen VOX Cinemas multiplex

UAE-HEALTH-VIRUS Sharjah

Covid-19: Sharjah announces restrictions, cuts capacity at malls, gyms and cinemas

Cinemas and entertainment centres as well as gyms and fitness centres are permitted to operate at 50 per cent of their total capacity

Kuwait suspends entry of foreigners for two weeks, imposes restrictions on malls, shops

Officials have also banned all types of gatherings, including for national holiday celebrations later this month

Dubai announces new Covid-19 restrictions: Mall capacity reduced, bars closed

The new measures are effective from February 2 until the end of the month

Dubai’s 3 Day Super Sale returns, massive reductions across brands

The bi-annual promotion will be held from November 26-28

Dubai’s Emaar Properties posts 45% slump in net profit for Q1-Q3 2020

The developer’s revenue figures for Q1-Q3 2020 totaled Dhs13.37bn

DSF_Al Seef fireworks

Dates revealed for next edition of Dubai Shopping Festival

The event will run from December 17, 2020 until January 30, 2021

Saudi Arabia’s Al Othaim family said to plan IPO for malls unit

The sale may happen in the first half of 2021

KUWAIT-HEALTH-VIRUS-ECONOMY malls

Kuwait enters second phase of easing Covid-19 restrictions, with malls, cafes and parks reopened

Public and private sectors can resume work with a maximum of 30 per cent capacity

GCC retail sector will see 15.7% YoY growth, according to Alpen Capital

How should regional and global retailers weather the Covid-19 crisis?

Retailers regionally and globally have been badly affected by the Covid-19 pandemic. What are the steps they should take to stay protected?

Saudi to use smart helmets to monitor people’s body temperatures

The helmets can detect body temperatures when a person is up to five metres away and they can examine up to 200 people per minute

Dubai private sector to operate at 100% capacity from June 3

The directive was issued by Sheikh Mohammed bin Rashid Al Maktoum

Consumer experiences remain pivotal for post-pandemic retail

With the future of retail touted as an omnichannel experience, Gulf retailers in the post-pandemic world must strive to engage customers on all levels

UAE disinfection programme in industrial areas to begin at 6pm

The decision comes after the UAE changed the timings of the sanitisation programme starting Wednesday, May 20

Abu Dhabi launches clean certification programme for tourism

The certification programme will be rolled out in phases, the first of which will be dedicated to hotels in Abu Dhabi

Covid-19: UAE reports 832 new cases, changes disinfection drive hours and revises fines

The country has also announced new timings for malls starting from Wednesday

Saudi mall operator Arabian Centres to reopen 20 shopping centres this week

The kingdom has allowed malls in most regions to reopen during Ramadan

Abu Dhabi mall employees to be tested for Covid-19; new guidelines for customers visiting shopping centres

The testing of the employees would be carried out in coordination with the Department of Health (DoH)

Bahrain launches virtual mall with 100 stores amid Covid-19 concerns

The government-run website showcases products from over 100 local businesses

Dubai eases movement restrictions, allows malls and offices to partially reopen

Public transport services, including Dubai Metro services, will resume from Sunday, April 26

Abu Dhabi considers reopening malls with precautionary measures in place

Shoppers will be required to wear masks and gloves and maintain social distancing

Dubai Holding, Emaar launch new ‘tech-driven’ mall, nearly double the size of Dubai Mall

Located in the centre of Dubai Creek Harbour the new retail hub will include a Chinatown, a waterpark and an Art District

Dubai’s Al Ghurair Centre to open 18-screen Reel cinemas complex

The new cinema complex is set to open its doors in the fourth quarter of 2018