Thursday 24 July 2014
 
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malls

Saudi mall owner Othaim plans sukuk

Saudi Arabia's Al Othaim Real Estate and Investment Co, owner of five shopping malls in the kingdom, plans to issue its debut local currency sukuk as early as this month, two sources aware of the matter said on Sunday. Also kn

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Oman City Centre malls to open Vox Cinemas

Two City Centre malls in Oman will debut VOX Cinemas in the sultanate with a total of 17 new screens next month. The first time appearance of VOX Cinemas in the sultanate is part of Majid Al Futtaim’s major redevelopment inv

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Oman City Centre malls to open Vox Cinemas

Two City Centre malls in Oman will debut VOX Cinemas in the sultanate with a total of 17 new screens next month. The first time appearance of VOX Cinemas in the sultanate is part of Majid Al Futtaim’s major redevelopment inv

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Emaar may list malls unit on DFM

Emaar Properties is talking to regulators about the possibility of listing its shopping malls unit on Dubai Financial Market (DFM), the emirate's main bourse, instead of Nasdaq Dubai. Last month, Dubai's biggest property f

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Emaar may list malls unit on DFM

Emaar Properties is talking to regulators about the possibility of listing its shopping malls unit on Dubai Financial Market (DFM), the emirate's main bourse, instead of Nasdaq Dubai. Last month, Dubai's biggest property f

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Majid Al Futtaim plans to boost Emiratisation

Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across Mena, plans to boost the number of UAE nationals employed across its companies and iconic brands. The company made the announcement at this year’

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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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