Saturday 27 February 2021
 
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Majid Al Futtaim's 2020 revenue down 7pc as Covid crisis bites

Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa, and Central Asia, today (February 24) reported a revenue of AED32.6 billion ($8.87 billion) and ebitda of AED3.8 billion, representing declines of 7% and 19%, respectively, dri

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Majid Al Futtaim taps IBM Food Trust

Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia – owner and operator of the Carrefour franchise in these regions – and IBM have announced that Majid Al Futtaim has joined IBM Food Trust. It is a blockchai

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Nakheel Malls, DP World to open new retail, trading hub

Nakheel Malls, the retail arm of master developer Nakheel, has joined hands with DP World, the leading smart trade enabler and provider of global end-to-end supply chain logistics, to launch a centralised one-stop-shop, Souk Al Marfa.   Strategically located at

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