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Majid Al Futtaim net profit is $735m
The Group reported a 12% increase in EBITDA to $1.25 billion.
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Aldar to redevelop two malls
The plan is part of AED 1bn revitalization project. -
Emaar Properties and Emaar Malls get nod for merger
The proposed merger of Emaar Properties and Emaar Malls received a boost when the capital market regulator, Securities & Commodities Authority, gave the go-ahead for the merger of the two companies. -
Retail detail: New malls come up in UAE, Saudi Arabia
Even as the pandemic would affect businesses, the mall owners are so confident of staying afloat that they are going ahead with their plans to expand their operations. -
Emaar Malls net profit leaps to $169m in H1
The owner of Dubai Mall attributes 80 percent jump in net to recovery in retail sector. -
Abu Dhabi to instal ‘state-of-the-art’ scanners to detect Covid-19
Abu Dhabi to instal advanced scanners to detect Covid-19, starting with entry points to the emirate The scanners will be instaled outside shopping malls and places frequented by the general public If all goes well, Abu Dhabi will be instaling state-of-the-art scanners that can detect Covid-19 in a person infected...