UAE’s Majid Al-Futtaim profits rise 18% in H1 2022 – statement
Dubai-based Majid Al-Futtaim Group announced that its earnings climbed to Dh1.9 billion ($517.71 million) and…
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Al-Futtaim
UAE’s Al-Futtaim Group mulls investing in Egypt’s new administrative capital
Dubai-based Al-Futtaim Group is considering expansion in Egypt’s new administrative capital, Timothy Earnest, group…
Al Futtaim to invest EGP 2 billion in Egypt’s Cairo Festival City Mall expansions
Al-Futtaim Group Real Estate, the real estate development and operations arm of UAE's Al-Futtaim, is planning to…
Al-Futtaim Group heralds Cairo Festival City project expansion
Dubai-based Al-Futtaim Group said on Sunday it embarked on new expansions of its Egyptian mixed-use urban community…
ERBD pumps EGP7.5bln into Al Futtaim’s new City Center
European Bank for Reconstruction and Development (EBRD) approves a 7.5 billion Egyptian pounds supporting fund in…
UAE’s Al-Futtaim to launch 3 housing projects in Egypt next year
Dubai-based property developer Al-Futtaim plans to launch three residential projects in its flagship Cairo Festival…
UAE Al-Futtaim to develop two hotels in Cairo Festival City
Dubai-based conglomerate Al-Futtaim Group will start designing two hotels in its flagship Cairo Festival City. The…
Al-Futtaim’s Cairo Festival City mall to increase rental rate by 6% in 2017
Cairo Festival City mall , developed and operated by UAE Al-Futtaim Group, is set to embrace a plan to increase the…
UAE Al-Futtaim to resume $281mn-phase II of Cairo Festival City project
United Arab Emirates real estate leader Al-Futtaim Construction will invest 2.5 billion Egyptian pounds ($281.6…
Al-Futtaim to invest $700mn in Egypt after Dispute Settled
Dubai-based conglomerate Al-Futtaim Group said on Tuesday it would invest $700 million in Egypt over three years…
UAE Firms Running 495 Projects worth $4bn in Greater Cairo
Total projects currently run by UAE companies in Greater Cairo amount to 495, with total investments exceeding US$4…
Egypt, UAE Al-Futtaim to Ink $2.2bn Deal to Develop Commercial Centres
Egypt’s Investment Minister Osama Saleh is scheduled to meet with UAE-based Al Futtaim Group Tuesday to sign an…
CIB Mulls Over Granting Al Futtaim EGP200 – 300 mln Bridge Loan
The Commercial International Bank (CIB) is studying the procedures of granting Al Futtaim Group a bridge loan…
Sarie Eldin: Damac To Reconcile Within Days; No Updates For Al-Futtaim
UAE’s Damac Properties, the investment arm of Damac Holding, has entered the final phase in its talks with the…
Egypt Reconciles With DAMAC, Al-Futtaim Within Days -Ministers Says
Egypt’s Investment Minister Osama Saleh said on Sunday the government is expected to sign the settlement agreements…
Sarie Eldin: No Updates On OCI’s Tax File, DAMAC Awaits Final Agreement
Dr. Hani Sarie Eldin - the legal counsel for Orascom Construction Industries (OCIC.CA), has asserted…
Al-Futtaim Will Sign Settlement Agreement With Egypt Govt In Days
The UAE-based international real estate firm, Al-Futtaim Group will be soon signing the final settlement…
Al Futtaim Asks HSBC, CIB To Arrange EGP 2 Bln Loan
Al Futtaim Group has asked HSBC Bank Egypt and Commercial International Bank (CIB) to take faster steps to arrange…
Egypt’s NUCA To Sign Final Settlement Contracts By January
Egypt's New Urban Communities Authority (NUCA) plans to sign the last contracts which shall settle the current…
Emaar And Al-Futtaim To Develop EGP5bn Cairo Gate
Real estate giants Al-Futtaim Group and Emaar announced plans to enter into a 5 Billion Egyptian pounds ( Dh2.98…
Al-Futtaim Paid EGP 40 Mln Loan Fees
Al-Futtaim Group, owner of Cairo Festival City project, paid administrative fees of about EGP 40 million during the…
Marks & Spencer Opens New Store In Alexandria
Marks & Spencer (M&S) opened Thursday its brand new store at Alexandria City Centre shopping mall in Egypt.…
Cityscape Egypt Honours The Real Estate Industry At The Cityscape Awards For Real Estate…
"Cityscape” revealed the winners’ names of “Cityscape/Egypt” contest hosted by Emaar-Egypt, to highlight major…