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Carrefour to divest 25pc stake in ME ventureCarrefour, 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 More… |
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MAF inches closer to Egypt supermarket dealDubai 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 More… |
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Beirut City Centre sees record footfallUAE-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 More… |
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MAF eyes Egypt supermarket chainDubai'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 More… |
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Majid Al Futtaim eyes Egypt supermarket chainDubai'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. More… |
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Sharjah Holding opens new retail centreSharjah 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 More… |
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Fortis to manage Dubai healthcare unitsIndia-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 More… |
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Accor to rebrand Majid Al Futtaim hotelAccor Middle East, a leading hotel operator in the region, has reached a deal with Majid Al Futtaim Properties, a leader in development of malls and hotels in the region, to rebrand its Deira City Centre hotel to Pullman Deira City Centre. More… |
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Dubai prime retail, hospitality well placedDubai prime retail and hospitality has been vigorous in 2012 and is well placed for 2013. However, despite some stabilisation, challenges remain for the office and residential sectors, according to a report. The performance of pri More… |
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MAF joins fight against heart diseaseMajid Al Futtaim Properties, a leading developer of malls and hotels in the region, has partnered with Dubai Health Authority and Emirates Cardiac Society to launch a major awareness drive on the killer cardiovascular disease (CVD). More… |
