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Majid Al Futtaim named 'official partner' for retail event

DUBAI, September 28, 2015

Majid Al Futtaim, a leading shopping mall, retail and leisure pioneer across the Middle East and North Africa (Mena) region, has been announced as the official partner of the World Retail Congress 2016.
 
The 10th edition of the congress, which is to be held for the first time in the Middle East, will run from April 12 to 14 at the Madinat Jumeriah in Dubai, UAE.
 
Alain Bejjani, chief executive officer, Majid Al Futtaim – Holding, said: “We are excited to have the opportunity to partner with the World Retail Congress and Dubai Chamber of Commerce to make 2016, the 10th anniversary of the World Retail Congress, an event that truly reflects the innovative thinking and pioneering spirit that Dubai is known for.
 
“Working closely with the Government to bring the World Retail Congress to Dubai is a reflection of Majid Al Futtaim’s commitment to help drive investment into Dubai and MENA markets, while boosting Dubai to become the world’s number one retail destination. We are confident that World Retail Congress 2016 will be the biggest and best yet.”
 
The arrival of the event in Dubai will be a major milestone in the evolution of the emirate’s retail landscape, said a statement.
 
It will also create a platform for retail leaders across Mena region to come together to share new thinking, showcase the region’s potential in the sector, and continue to attract both local and international investment.
 
Dubai’s retail sector has witnessed remarkable growth in recent years, and the emirate has been named the second most important international shopping destination globally after London, according to real estate consultancy firm CBRE. 
 
A part of the fabric of Dubai’s retail landscape, Majid Al Futtaim transformed the face of the industry in the region by introducing the model for integrated retail and luxury entertainment across the region two decades ago.
 
Majid Saif Al Ghurair, chairman, Dubai Chamber of Commerce and Industry, said: “Hosting the 10th World Retail Congress will give impetus to Dubai’s dynamic and robust retail sector while building on its strong foundation of being the second most important retail destination in the world in 2015, as rated by CBRE. 
 
"To add to this, this is the first time that the Congress is being held outside Europe, which is a testament to the Dubai’s reputation as a leader in the MICE industry and hosting world-class global events and exhibitions. Partnering with Majid Al Futtaim, a retail pioneer in the region, we believe World Retail Congress 2016 will set the benchmark for future editions of the world’s largest annual retail event.”
 
Ian McGarrigle, World Retail Congress chairman, said: “Dubai is one of the most important and dynamic retail environments in the world and the Mena region represents tremendous growth potential for the companies that participate in the World Retail Congress. 
 
"Our partnership with the Dubai Chamber of Commerce and Majid Al Futtaim will help us use the 10th anniversary of the World Retail Congress to spotlight innovation in retail development and open doors to new investment and expansion opportunities for global brands to reach millions of new customers.”
 
The annually held event, which was founded in 2007, attracts leading industry stakeholders from retail, global economics, politics, finance and NGOs to discuss the challenges and opportunities in the global retail market. - TradeArabia News Service
 



Tags: Dubai | Majid Al Futtaim | retail | Congress | world |

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