FINANCIAL NEWS

UAE’s Majid Al Futtaim plans investments in Oman

19 May 2014

(MENAFN) Majid Al Futtaim plans to launch VOX Cinemas in Oman as part of its wider plan to improve City Center malls, according to Arabian Business.

Total cost of the company’s major plan is expected to reach USD29.3 million.

Majid Al Futtaim aims to add more family entertainment in the malls. The new 10-screen VOX Cinemas is expected to be launched in June this year.

The company said in a statement that by late June, City Centre Qurum will unveil a 7-screen VOX Cinemas while in mid-July, a new Magic Planet attraction will also be added to City Centre Qurum.

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