Wednesday 19 June 2013
 
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Majid Al Futtaim

MAF picks Wipro as strategic IT Partner

Dubai-based Majid Al Futtaim Ventures, a leading developer of some of the region’s leisure concepts and experiences, has signed up Wipro as the company's new strategic IT partner. As part of the five-year engagement, Wip

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Majid Al Futtaim delays hybrid bond sale

Dubai mall developer Majid Al Futtaim (MAF), has delayed plans to raise at least $500 million from a hybrid bond sale to fund its recent buyout of Carrefour's stake in a joint venture. &nb

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MAF eyes at least $500m from hybrid bond

Dubai mall developer Majid Al Futtaim Holding (MAF) is looking to raise at least $500 million from the issue of a hybrid debt sale to finance its buyout of French hypermarket chain Carrefour's stake in a regional venture. MAF,

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Carrefour to divest 25pc stake in ME venture

Carrefour, Europe's largest retailer, is in advanced talks to divest its remaining 25-per cent stake in its Middle Eastern joint venture to local partner Majid Al Futtaim (MAF), two sources familiar with the matter said. Famil

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MAF inches closer to Egypt supermarket deal

  Dubai retail firm Majid Al Futtaim (MAF) is in advanced discussions to buy Egypt's largest supermarket chain from family-owned Mansour Group, two sources said on Monday.   A due diligence proc

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Beirut City Centre sees record footfall

  UAE-based Majid Al Futtaim Properties (MAF), a leading developer, owner and operator of shopping malls and complementary mixed-use projects in the Mena region, said its new flagship mall in Beirut has welcomed over 400,000 visi

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MAF eyes Egypt supermarket chain

  Dubai's Majid Al Futtaim (MAF) expects to bid for the supermarket arm of Egypt's Mansour Group in the first quarter, MAF's chief executive said, after it posted a 10 per cent rise in annual revenue. &nb

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Majid Al Futtaim eyes Egypt supermarket chain

Dubai's Majid Al Futtaim (MAF), is in talks with Egypt's Mansour Group, owned by billionaire Mohammed Mansour, to buy its supermarket business in a deal valued at $200 million to $300 million, three sources aware of the discussions said.

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Sharjah Holding opens new retail centre

Sharjah Holding, a partnership between the Government of Sharjah and Majid Al Futtaim Properties, has inaugurated a new retail centre based on its Matajer neighbourhood shopping centre concept. Sheikh Sultan Bin Mohammad Bin Sulta

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Fortis to manage Dubai healthcare units

India-based Fortis Healthcare Limited (Fortis), a leader in the integrated healthcare delivery sector in Asia, has entered into a strategic tie-up with Majid Al Futtaim Healthcare, a unit of UAE-based Majid Al Futtaim Ventures, to operate and ma

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