FINANCIAL NEWS

UAE’s Nakheel to construct two shopping malls

26 Mar 2014

(MENAFN) Real estate developer Nakheel said it will launch two new shopping malls umeirah Village Triangle and in Jumeirah Village Circle to expand it existence in retail market, according to the Emirates 24/7.

Nakheel’s mall in Jumeirah Village Triangle will include a 15 screen cinema, a hypermarket, an entertainment area, a department store and a selection of retailers, restaurants and cafes.

The second shopping mall located in Jumeirah Village Circle will also include Cinemas, a large supermarket in addition to a variety of retailers, restaurants and cafes.

A Nakheel spokesman said: “Retail expansion is key to our business strategy and bringing new services and facilities to our community is one of our top priorities. These new shopping malls will further enhance new Dubai and provide exciting new destinations for Dubai’s residents and visitors.”

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