All posts tagged "retail"
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PropertyUAE’s Majid Al Futtaim reports 29% profit hike
The UAE-based retail conglomerate Majid Al Futtaim has reported a 29% increase in its annual net profit, which rose to AED3.3 billion...
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ConstructionKuwait’s Al Kout waterfront project to open by Q4 2017
Kuwaiti developer Tamdeen Group has announced that its Al Kout waterfront project is on track to open in the fourth quarter of...
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ConstructionMajid Al Futtaim to invest $3.7bn in two Riyadh malls
Majid Al Futtaim plans to invest $3.73 billion in the construction and development of two shopping malls in Saudi Arabia’s capital, Riyadh.The Dubai-based...
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ConstructionArabian Centres outlines Saudi mall expansion plans
The retail giant Arabian Centres has outlined plans for its previously announced development of 12 shopping malls in Saudi Arabia. Simon Wilcock,...
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ConstructionUAE’s LuLu to invest $150m in Lucknow, India
The UAE’s LuLu Group, well known for its chain of supermarkets across the region, has announced it will invest $150 million in...
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PropertyDubai theme parks: Half of retail units leased in Riverland zone
Almost half the units in the retail zone of Dubai’s massive under-construction theme-park project have been leased, it has been announced.Dubai Parks...
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Dubai’s Majid Al Futtaim achieves ‘Green Star’ sustainability rating
Majid Al Futtaim, the Dubai-headquartered retail and leisure developer, says it has achieved the highest possible rating for the second year in...
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ConstructionDrake & Scull wins $61m MEP contract for Dubai hotel, mall expansion
Drake & Scull International says its engineering division has secured a $61 million contract related to work on a hotel complex and...
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PropertyDelayed Mall of Qatar signs deal with Alshaya for 32 stores
More than 30 global brands are to set up shop at the delayed Mall of Qatar, following a “mega deal” with Kuwaiti...
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ConstructionNew level for Dubai’s Mall of the Emirates as $272m extension opens
Majid Al Futtaim on Monday delivered its AED1 billion ($272m) multi-stage extension of the Mall of the Emirates in Dubai.The so-called ‘Evolution 2015’...