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04-03-14

UAE's Majid Al Futtaim to construct 20 more malls in Dubai

(MENAFN) UAE's retail giant Majid Al Futtaim plans to build as much as 20 more community-style malls in Dubai over the following few years, according to Arabian Business. George Kostas said the format is planned to be rolled out to all of MAF"s existing markets, which include the UAE, Saudi, Oman, Lebanon and Egypt. The company already owns five small malls in Sharjah and another two under construction in the same emirate under the My City Centre badge. Kostas said: "We"re out there now looking for more locations and we"re hoping to roll out more."