Our Network

Register for our free newsletter

 
 
Latest News
MAF interested in Egypt supermarkets

MAF interested in Egyptian aisles

MAF is the sole franchisee of French hypermarket chain Carrefour in the Middle East.

December 23, 2012 4:46
 
http://www.dreamstime.com/-image20445346

“We won’t interfere with retailers…we trust them”- MAFP

Majid Al Futtaim's Fuad Sharaf says the mall operator will not get involved with ensuring retailers compensate staff for the overtime during the upcoming 24 hour long weekend.

October 16, 2012 11:29
 
Dubai's Majid Al Futtaim Inks Terms For $500 Mln Egypt Mall Loan

Dubai's Majid Al Futtaim Inks Terms For $500 Mln Egypt Mall Loan

Co sees lower occupancy rates in Bahrain, Egypt; Commercial terms for $500 mln loan for Mall of Egypt agreed; Co could tap debt mkts again, prefers to raise longer term finance

March 26, 2012 4:17
 
UAE mall group MAF launches $400M sukuk

UAE mall group MAF launches $400M sukuk

Dubai mall developer Majid Al Futtaim (MAF) Holding launched a $400 million five-year Islamic bond, or sukuk, at a profit rate of 5.85 percent, tighter than guidance.

January 31, 2012 3:02
 
UAE’s MAF eyes 5-year sukuk, profit rate at 6 percent or under

UAE’s MAF eyes 5-year sukuk, profit rate at 6 percent or under

Dubai's Majid Al Futtaim plans to issue a five-year dollar-denominated Islamic bond, or sukuk, with early profit rate indications at no more than 6 percent, a source with knowledge of the deal said on Sunday.

January 29, 2012 11:14
 
Majid Al Futtaim says no bonds until markets improve

Majid Al Futtaim says no bonds until markets improve

MAF says 2011 rev up 10 pct to 18.7 billion dirhams; CEO says to open 15 new Carrefour hypermarkets in 2012

January 23, 2012 2:57
 

Dubai’s MAF picks 4 banks for $1B sukuk programme

Majid Al Futtaim (MAF) Holding, the sole franchisee for hypermarket chain Carrefour in the Gulf, has picked four banks to set up a $1 billion Islamic bond programme, a prospectus issued by the Dubai-based mall developer showed.

January 8, 2012 10:36
 

Majid Al Futtaim plans sukuk by end-November

Dubai-based shopping mall developer Majid Al Futtaim (MAF) is aiming to raise between $350 million and $500 million in a five-year dollar-denominated Islamic bond, or sukuk, by the end of November, a senior official said on Thursday.

November 17, 2011 4:06
 

MAF Ventures plans new portfolio company

Majid Al Futtaim Ventures, the investment arm of MAF Holding, plans to set up a new greenfield establishment that will complement its shopping malls business, its chief executive said on Monday.

September 13, 2011 11:39
 

UAE’s MAF Holding raises $1B loan to refinance debt

MAF says proceeds to repay $1 bln July 2012 facility; Transaction involves 3 yr revolver, five-yr term loan

July 24, 2011 10:21
 

Mirdif City Centre breaks records with over 1 million customers in first three weeks

New mall sees over 76,000 visitors on opening day; 85% of stores operational from day one.

April 6, 2010 10:37