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FINANCIAL NEWS
MAF plans USD816m investment in Dubai
30 Jun 2013
(MENAFN) UAE conglomerate Majid Al Futtaim Holding (MAF) unveiled plans to fresh USD816 million investments in Dubai over the next five years to support the emirate’s Dubai 2020 tourism vision, Arabian business reported.
MAF explained that its plans will include building two new hotels, upgrading two existing hotels, enhancements to its flagship Mall of the Emirates and Deira City Centre shopping malls, opening four new Carrefour supermarkets and two new hypermarkets, in addition to building a new 14-screen cinema complex.
The company is also mulling plans to build a new 50-store community mall in a prime residential area of Dubai.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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