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FINANCIAL NEWS
UAE’s Majid Al Futtaim launches USD27.21 m fashion district
18 Feb 2014
(MENAFN) Majid Al Futtaim Group has opened a fashion district worth USD27.21 million at the Mall of the Emirates, according to Arab News.
The new fashion district is part of the mall’s development plan which may cost about USD272 million.
The plan is expected to be completed by the end of 2015.
Fuad Mansoor Sharaf, senior director of property management, Shopping Malls for Majid Al Futtaim, said: “We receive a huge number of visitors and customers from the Kingdom, especially during holidays. During the DSF (Dubai Shopping Festival) time we had to extend our working hours to midnight due to the influx of visitors from Saudi Arabia.”
He added: “In the future, we have more plans in store for visitors from Saudi Arabia. They are potential buyers also.”
More News
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BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
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04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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