News tagged "Maf"

MAF to Invest Dhs.750m in VOX Cinemas Expansion

18th March 2014

Majid Al Futtaim (MAF) has announced plans to spend Dhs.750m on 12 new cinemas in the GCC and Egypt. The new cinemas, including five already announced, will be in the UAE, Oman, Qatar, Bahrain and Egypt and rolled out from June this year. The expansion will begin with the opening of Oman’s two largest cinemas, in Muscat City Centre and Qurum City Centre.[..]

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MAF to build 1m sqft mall at IMPZ

4th March 2014

Majid Al Futtaim and Tecom Investments, a wholly-owned subsidiary of Dubai Holding,  have reached an agreement under which Majid Al Futtaim Properties will build a new shopping mall on a 1,000,000 square feet of land located in International Media Production Zone (IMPZ). Phase 1 of the mall, scheduled to be completed in 2015, is expected to function as a community shopping mall as well as an attraction for businesses and employees based within IMPZ. The mall will be located Dubai near the intersection of Al Khail Road and Sheikh Mohammad Bin Zayed Road serving three  residential areas, Victory Heights, Jumeirah Golf Estates and Jumeirah Village, in addition to other communities such as Motor City, Sports City and Arabian Ranches.[..]

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MAF to develop Community Shopping Mall in IMPZ

4th February 2014

Tecom Investments, a unit of Dubai Holding, has sold a plot of land to Majid Al Futtaim (MAF), the latest in a series of plot sales initiated by state-linked firms in the emirate to raise funds. The 1 million sq.ft plot of land is located at Tecom's International Media Production Zone (IMPZ), a development that spreads across 43 million sq ft.[..]

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