George Kostas. (Asharq Al-Awsat)
by Musaid Al-Zayani | Jul 29, 2014 | Business
Dubai, Asharq Al-Awsat—Last week, regional real estate giant Majid Al Futtaim Group announced that its revenues for the first half of 2014 had jumped 14 percent year-on-year, marking a successful period during which the Group’s retail arm opened 12 new hypermarkets....
Majid Al Futtaim holds the Carrefour franchise in the Middle East. (AFP Photo)
by Asharq Al-Awsat | Jan 22, 2014 | Business
Davos, Reuters—Dubai retailer Majid Al Futtaim, which holds the Carrefour franchise in the Middle East, plans to invest about 2.3 billion US Dollars in Egypt in the next few years, its chief executive said on Wednesday, a sign of growing interest in the Egyptian...