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Doha Festival City raises $1bn construction loanDoha Festival City, a giant retail and hospitality complex being built by a consortium including UAE-based Al Futtaim Group, has raised a QR3.7 billion ($1 billion) loan to fund its construction, a statement said on Wednesday. The dev More… |
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Marks & Spencer opens new outletMarks & Spencer opened a second store in Citystars recently, after the success of its first store which opened late last year, in Dandy Mall. The new store is situated on the first floor of phase 2 of Citystars, a statement from the le More… |
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Festival Centre offers top DSS dealsFestival Centre Dubai Festival City, an Al Futtaim Group property, has announced distinctive Dubai Summer Surprises sponsorships offering shoppers unique deals and prizes, coupled with lots of fun and entertainment from June 22 to July 31. More… |
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Bid to resolve Bahrain mall rent rowTop officials from Dubai have flown to Bahrain to reportedly help resolve a rent dispute at one of the country's top malls. Industry and Commerce Minister Dr Hassan Fakhro yesterday met executives from the Al Futtaim Group, which owns More… |
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S&P raises Orient's rating to stableStandard & Poor’s has upgraded Arab Orient Insurance Group (Orient) to a full ‘A’ with a stable outlook. Orient group also has operations in Egypt, Syria and Oman. S&P said Orient’s performance has remained more resilient t More… |
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Zhu Zhu Pets launched in UAEToys “R” Us, the market leading toy retailer, has announced the exclusive launch of the Zhu Zhu Pets in the UAE. The Al-Futtaim Group company has been at the forefront in launching some of the world’s hottest toys in the UAE. “Zhu More… |
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Al Futtaim awards $76m Cairo villa contractsAl Futtaim Group, which is developing the Cairo Festival City, has signed two contracts together worth EGP419 million ($75.7 million), with SIAC and the Arabian Construction Company (ACC), for the first phase of the city's residential district More… |
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Agility wins excellence awardAl Futtaim Retail Supply Chain honoured Agility, the leading global logistics provider, with the Service Excellence Award at an awards ceremony held at the Sheraton Jumeirah. Al Futtaim is one of the largest and most successful business gr More… |
