Search Result
" Majid Al Futtaim"

10 results

Business - Economy
11/27/2023 4:51:01 PM
Majid Al Futtaim Holding Group, a prominent Emirati conglomerate, announced it is planning to inject $1 billion in new investments into the Egyptian market in the near future, said Ahmed Galal Ismail, the CEO of the group, during a meeting with Prime Minister Mostafa Madbouly on Sunday.

Business - Markets & Companies
12/19/2022 4:40:57 PM
Carrefour, owned and operated by Majid Al-Futtaim in Egypt, intends to invest over EGP 400 million in the Egyptian market in 2023 and to double the amount to hit EGP 750 million through 2025, according to the Country Manager of Majid Al-Futtaim Retail in Egypt Philippe Peguilhan.

Business - Markets & Companies
6/23/2022 5:16:22 PM
The UAE-based Majid Al Futtaim inaugurated on Thursday its Global Solutions Centre, headquartered in Egypt, with investments worth EGP 1 billion. The centre employs 550 individuals.

Business - Markets & Companies
3/9/2022 4:01:27 PM
Carrefour — owned and operated by Majid Al-Futtaim — is expected to invest EGP 250 million in the Egyptian market in 2022, with a plan to expand to cover the entire country, said Philippe Peguilhan — the new country manager of Carrefour Egypt at Majid Al-Futtaim Retail.

Business - Markets & Companies
3/2/2022 3:35:29 PM
Funded by Majid Al-Futtaim Properties Egypt, the European Bank for Reconstruction and Development (EBRD) and the State Secretariat for Economic Affairs (SECO) of the Swiss Confederation; the leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia inaugurated on Monday the Almaza Recruitment and Training Centre (ARTC) at City Centre Almaza.

Business - Markets & Companies
2/28/2022 7:56:10 PM
Majid Al Futtaim Properties inaugurated on Monday its Almaza Recruitment and Training Center (ARTC), which is constructed under the auspices of Egypt’s Ministry of Social Solidarity with the aim of inclusive hiring and training as well as maintaining a physically and socially accessible facility and providing job opportunities.

Business - Economy
5/28/2021 1:44:16 PM
Azab noted that there are indications of sales starting to recover since the beginning of 2021, despite the third wave of the coronavirus hitting Egypt

World - Region
10/27/2020 12:10:53 PM
A foreign ministry official also said in a statement that the Gulf state condemns all acts of terrorism, an apparent reference to the beheading of a Paris teacher who showed cartoons of the Prophet in a class on freedom of speech

Business - Economy
12/4/2019 3:52:56 PM
Majid Al Futtaim has invested around EGP 28 billion in Egypt since the end of 2015

Business - Economy
2/16/2017 4:42:29 PM

Business - EEDC 2015
3/14/2015 7:28:00 PM
Government seals with Emirati mall operator deal worth LE5 bn for the construction of eight malls

Business - Economy
1/27/2015 3:34:52 PM

Business - Economy
7/23/2014 5:02:37 PM
Dubai-based group and Carrefour franchisee see revenue grow to AED12.8 bn with Ventures income up 21%, Retail up 15 %, and Properties up 10%

Business - Economy
3/9/2014 8:34:05 PM
Majid Al-Futtaim plans to build new malls and hypermarkets in Egypt, creating over 40,000 jobs

Business - Economy
7/25/2013 9:10:10 PM
United Arab Emirates-based company Majid Al-Futtaim announces 10 percent rise in revenues during the first six months of 2013

Business - Economy
5/23/2013 2:07:56 PM
With a $682 million purchase deal, Majid Al-Futtaim acquires the remaining minority stake of the Carrefour franchise in the Middle East and North Africa

Business - Economy
4/29/2013 11:12:39 AM
After concluding due diligence process, Majid Al Futtaim inches closer to buying Egypt's Metro chain and discount grocery store Kheir Zaman

Business - Economy
3/12/2012 5:15:39 PM
The developer, Majid Al-Futtaim, will use the 13-year finance to build a shopping mall in Cairo

Business - Economy
6/13/2011 7:56:58 PM
Dubai's Majid Al Futtaim Holding, sole franchisee of hypermarket chain Carrefour in the Gulf, plans to set up a medium term notes program, potentially worth up to $4 billion, two sources said on Monday

Business - Economy
6/9/2011 12:07:51 PM
Plan is part of company's drive to double its malls in the MENA region to 20 by 2010, investing a total of $4 billion