News tagged "Retail development"

Muharraq City Market project likely to be shelved

Muharraq City Market project likely to be shelved

30th March 2015

A contract to build a new BD6 million ($15.7 million) central market in Muharraq could be deemed null and void after Bahrain’s Works, Municipalities and Urban Planning Affairs Minister Essam Khalaf referred it to the Legalisation and Legal Opinion Commission.[..]

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MAF group plans to invest US$ 2.9 bn in mall expansion in Egypt

MAF group plans to invest US$ 2.9 bn in mall expansion in Egypt

16th March 2015

Majid Al Futtaim, the retail and leisure pioneer across the Middle East and North Africa (MENA), has announced plans to invest over E£22.5 billion (US$ 2.9 billion), up from E£18 billion (US$ 2.35 billion), in Egypt mainly to develop new malls and neighbourhood centres and also introduce the largest and first local VOX cinemas over the coming five years, according to a news report.[..]

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