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CCD Redevelopment Completion

City Centre Deira upgrades shoppers’ experience with the opening of the fully renovated East Court

• The new section is part of an AED 377 million redevelopment project at Majid Al Futtaim’s first-ever shopping mall

• The mall is on track for a September launch of Food Central, an innovative food hall concept, marking a compelling new addition to City Centre Deira

• At 1.1m sq. ft, City Centre Deira will further diversify its retail offering to include new ‘Home’ category outlets

14 Jun 2020
VOX Cinemas and Tesla Host the Regions First Carbon-neutral Drive-In Cinema Screening

Majid Al Futtaim’s VOX Cinemas and Tesla Host the Region’s First Carbon-neutral Drive-In Cinema Screening for Tesla Cars

All VOX Cinemas’ Drive-in movie screenings are now carbon neutral after partnering with DubaiCarbon Centre of Excellence

07 Jun 2020
Mr Usta PR - Carrefour

Strategic Partnership with Mr Usta

Partnership provides Majid Al Futtaim businesses with complementary services to enhance the customer experience
Carrefour, Crate & Barrel and Maison du Monde customers will benefit from end-to-end home service solutions

 

01 Jun 2020
City Centre Al Zahia-1

New opening date for City Centre Al Zahia

Majid Al Futtaim, the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa and Asia, has announced a new opening date for its upcoming mall in Sharjah - City Centre Al Zahia.  Now set to open in March 2021, the decision allows tenants sufficient time to prepare for their new store openings and ensure they can provide a compelling customer experience.

11 May 2020
Carrefour Marketplace Announcement

Majid Al Futtaim Launches Online Marketplace Through Carrefour

The marketplace represents a compelling online platform for Majid Al Futtaim’s shopping mall tenants and other businesses to safely and efficiently reach their customers 
Borders, LUSH, Tavola and a host of other shopping mall tenants have already signed up to the platform
The e-commerce solution has been live for six months in pilot mode and already averages more than 1,300 daily orders 

23 Apr 2020
Majid Al Futtaim Staff Redeployment - VOX Cinemas employees at Carrefour fulfilment centre

Majid Al Futtaim Reskills and Redeploys More Than 1,000 Employees

Employees in United Arab Emirates, Saudi Arabia, Egypt, Oman and Lebanon retrain to take on roles at Carrefour

24 Mar 2020
Majid Al Futtaim Financial Statement 2019

Majid Al Futtaim Reports Increased Revenue and EBITDA in 2019

• Group revenue increased by 1% year-on-year to AED35.2 billion 
• Increased EBITDA by 1% to AED4.6 billion
• Opened 300th Carrefour store and expanded geographical footprint to 16 countries with entry to Uganda
• Scaled VOX Cinemas’ presence in Saudi Arabia with 78 new screens added
• Added two new regional shopping malls in Egypt and Oman and one community mall in UAE
• Launched SHARE, a group wide lifestyle rewards programme in the UAE
• Pledged to phase out single-use plastic from operations across portfolio by 2025
• Received ‘low risk’ Environmental, Social, and Governance (ESG) rating from Sustainalytics, and an ‘A’ rating from MSCI
• Issued the world’s largest and the region’s first corporate Green Sukuks to fund sustainable projects across the group with a total value of USD1.2 billion 
• Maintained ‘BBB’ credit rating from Standard & Poor’s and Fitch Ratings

24 Feb 2020
tilal al ghaf

Buyers rush for Majid Al Futtaim’s first ‘Elan’ townhouses at Tilal Al Ghaf

• Developer’s initial offering of 300 three- and four-bedroom townhouses have sold out
• 
Properties were offered with a competitive six-year payment plan and a starting price of AED 1.26 million
• Community features an abundance of facilities and amenities curated for the modern family
• Elan, part of Majid Al Futtaim’s premier Tilal Al Ghaf community, was designed using the principles of ‘placemaking’ to create a sense of belonging

15 Feb 2020
 
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