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FINANCIAL NEWS
Qatar’s USD1b mall sees no slowing risks on plunging oil
13 Sep 2015
(MENAFN) The developer of the Mall of Qatar sees no risk to the USD1 billion project on the back of the low oil prices and expects to have signed up retailers for the space by year-end.
Deputy managing director of the mall said 85 percent of the mall was already taken due to cover the space of 50 soccer pitches and he expected 100 percent to be committed by 2015-end.
The huge shopping mall, located next to the stadium that is due to host the 2022 World Cup, is set to open next August, hosting 500 stores including a Carrefour hypermarket.
“We have not seen any slowdown in the retail community. For every space option, there are three alternatives,” he told a news conference at the World Retail Congress in Rome.
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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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