FINANCIAL NEWS

Majid Al-Futtaim mall to invest USD 3.73bn in 2 Riyadh projects

09 Feb 2016

(MENAFN) Majid Al-Futtaim a leading shopping mall and retail pioneer across the Middle East and N. Africa (MENA), proclaimed plans to improve two new landmark shopping malls in Riyadh.

Moreover, the 2 new developments will bring the whole number of Majid Al-Futtaim malls to more than 20 through the MENA area and will support to continue the firm’s heritage.

“Today is a significant milestone for Majid Al-Futtaim, and one that we have been eagerly awaiting. For over 2 decades we have been shaping the retail landscape in the region, said CEO.

He also added: “Our spirit of innovation has seen us make it snow in the desert for the first time with Ski Dubai, introduce the region’s first indoor and outdoor waterpark in Bahrain.”

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