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Majid Al Futtaim delays hybrid bond saleDubai 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 More… |
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MAF eyes at least $500m from hybrid bondDubai 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, More… |
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Majid Al Futtaim to buy Carrefour's 25pc stakeCarrefour, Europe's largest retailer, agreed to sell its remaining 25-percent stake in a Middle East joint venture to local partner Majid Al Futtaim (MAF) for 530 million euros ($682.45 millio More… |
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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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BurJuman launches major revampBurJuman, a leading mixed-use development including a shopping mall, hotel suites and residences in Dubai, has launched the first phase of a major renovation project, which will include a hypermarket and a multiplex. The new addit More… |
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BurJuman launches major revampBurJuman, a leading mixed-use development including a shopping mall, hotel suites and residences in Dubai, has launched the first phase of a major renovation project, which will include a hypermarket and a multiplex. The new addit More… |
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Mall operator MAF posts 17pc rise in profitsMall operator Majid Al Futtaim (MAF) reported a 17-percent rise in half-year operating profit on Monday as tenant revenues in Bahrain and Egypt, dampened by Arab Spring unrest, rose, boosting the Dubai-based firm's income. More… |
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Harvard wins Carrefour Gulf accountDubai-based communications agency, Harvard Associates said it has won hypermarket giant Carrefour’s account to represent the brand in its communications activities across the GCC. Harvard Associates provide turn-key communic More… |
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Hundreds donate blood at Carrefour driveHundreds of people gathered at Carrefour’s Century Mall hypermarket in Dubai’s Al Mimzar area recently to support the Ministry of Health’s latest blood donation drive. Residents were able to donate blood in a specialised vehicle as part of More… |
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MAF Holding eyes $500m from bond saleUAE mall developer Majid Al Futtaim Holding (MAF) expects to raise between $350 million and $500 million from a potential second bond issue this year, a senior company executive said on Tuesday. MAF, the sole franchisee of French hypermark More… |
