Carrefour exits Arab markets from Jordan to Kuwait, as Majid Al Futtaim bets on HyperMax
The Middle East retail landscape has undergone one of its most significant shifts in recent years, following Majid…
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Majid Al Futtaim
Norway’s Empower to launch industrial solar project in Egypt
Egyptian President Abdel Fattah El-Sisi witnessed the signing of a contract between Norway's Empower and Majid Al…
Egypt streamlines processes to offer attractive investment climate
The Ministry of Investment and Foreign Trade is enhancing Egypt’s investment climate by streamlining processes and…
Bank ABC signs agreement to finance Majid Al Futtaim’s solar power projects
Bahrain’s Arab Banking Corporation (Bank ABC) signed a financing agreement with Yellow Door Energy to finance Majid…
UAE’s Al-Futtaim Group invests up to $1bln in Egypt
UAE's Al-Futtaim Group announced on Sunday that it plans to inject new investments of $1 billion into the Egyptian…
Majid Al Futtaim Retail to invest over EGP 750 million in Egypt by 2025
Majid Al Futtaim Retail is planning to invest more than 750 million Egyptian pounds ($39.1 million) in Egypt by…
ITIDA, Majid Al Futtaim to establish tech outsourcing services centre in Egypt
The Information Technology Industry Development Agency (ITIDA), part of the Egyptian Ministry of Communications,…
Egypt is a ‘very resilient’ market for Majid Al Futtaim – official
Egypt has proved to be a “very resilient” market for Majid Al Futtaim, which has seen its fastest recovery from…
MAF’s Carrefour is setting up shop in 14 Omar Effendi’s branches
Majid Al Futtaim-owned supermarket chain Carrefour is setting up shop in 14 Omar Effendi’s branches after MAF…
Majid Al Futtaim to establish 5 new Carrefour branches post coronavirus
Dubai-based mall operator Majid Al Futtaim is looking to open 5 new Carrefour branches after coronavirus crisis,…