Friday 18 April 2014
 
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malls

Top banks join Morgan Stanley on Emaar IPO

JP Morgan and Bank of America Merrill Lynch are to join Morgan Stanley on the syndicate for Emaar Properties' upcoming IPO of its retail and malls business, bankers said. Last month, Dubai's biggest property firm hired Mor

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Abu Dhabi among top cities for retail development

Abu Dhabi has 778,000 sq m of new retail space in its development pipeline, placing the UAE capital among the top 20 cities globally for shopping centre development, a report said. The new centres include the huge Yas Mall on Yas

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MAF to invest $816 million in Dubai

Dubai mall developer Majid Al Futtaim said it will invest another 3 billion dirhams ($816.7 million) over the next five years to expand its business in the emirate, after posting a 10 percent increase in its 2013 revenue. Unlisted

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Muscat malls gear up for top cultural fest

Muscat and Qurum City Centre, leading shopping and leisure destinations, have announced their sponsorship of this year’s Muscat Festival featuring family-focused events will be hosted at both malls. Held annually since 1998

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MAF malls in Dubai unveil festive décor

UAE-based Majid Al Futtaim, a leading developer of shopping malls, has unveiled festive décor spreading holiday cheer at Deira City Centre, Mall of the Emirates and Mirdif City Centre in Dubai. Deira City Centre is adorned

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Al Meera to build 7 new malls in Qatar

Al Meera Consumer Goods Company, a leading retail chain in Qatar, has signed a blanket agreement with two leading construction groups Al-Aliaa Trading and Contracting Company (ATC) and Al-Muftah Trading and Contracting Company to build seven new

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Abu Dhabi lines up 21 shows for Eid

Seven malls across the Abu Dhabi emirate will come alive with dynamic shows by 21 internationally-renowned street performers during next month’s EidFest Abu Dhabi celebrations.   The event runs from October

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MAF Properties names new CEO

Majid Al Futtaim Properties, a leading developer, owner and operator of shopping malls and mixed-use projects in Mena, has appointed George Kostas as its new chief executive officer. Kostas assumed his new role at Majid Al Futtaim

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Bahrain malls see big rise in footfall over Eid

Bahrain's shopping malls recorded a massive increase in visitors during the Eid Al Fitr holiday, with some outlets confirming the figures were the highest since the beginning of the year. They cashed in as locals and tourists

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MAF malls launch Ramadan campaign

UAE-based Majid Al Futtaim Properties (MAF), an owner of leading shopping malls and mixed-use projects across Mena, has launched its ‘Make a Difference this Ramadan’ campaign across its malls. The campaign is expected

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