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FINANCIAL NEWS
UAE-Majid Al Futtaim to invest USD 1.33bn in Oman
03 May 2016
(MENAFN) UAE’s based retail and leisure developer Majid Al Futtaim proclaimed that it would make 42,000 new job chances in Oman as part of an investment of USD 1.3bn.
Additionally, the conglomerate will invest USD 712.19mn in the Mall of Oman project, USD 116.54mn in City Center Sohar and USD 38.84mn in My City Center Sur.
Moreover, the firm already invested USD 492.06mn in three projects since 2001, making more than 23,000 in their construction and operation.
City Centre Sohar will contain 100 retail outlets when it opens in 2018 and My City Center Sur will be MAF’s first community mall in Oman by 2017.
More News
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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