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FINANCIAL NEWS
Dubai to build largest mall near Expo 2020 venue
01 Apr 2017
(MENAFN) Next to the Expo 2020 site, JadoPado, Dubai based online vendor has announced plans to build the “world’s newest largest mall”, as it had raised USD1b from investors in the region, including sovereign wealth funds to start in the project.
Omar Kassim, founder and CEO of JadoPado said: “This move is crucial in our long-term growth strategy and outflanks a well-known mall operator’s attempts to buy our closest competitor.”
And he added: “We are taking the next quantum leap by making JadoPado Mall the world’s newest largest mall.”
However, the mall is expected to be a visa-free free zone and integrated into the world”s soon-to-be largest airport, Al Maktoum International Airport, to provide travellers direct access to the mall.
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MENAFN0104201700450000ID1095359477
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