Al-Futtaim Signs Deal with Four Banks to Conclude Phase II of Cairo Festival City
Tuesday, 11th July 2017
Dubai-based leading real estate developer, Al-Futtaim Properties, signs an agreement with four banks to borrow EGP 125 bn (USD 69.9 mn) and finance part of the second phase of a giant project east of Cairo, Invest-Gate reports.
New Cinema-Themed Hotel to Open in Dubai
Tuesday, 2nd May 2017
Leading real estate, leisure, and shopping mall pioneer in the Middle East, Majid Al Futtaim, along with Marriott International, announce plans to launch the region’s first cinema-themed hotel concept, which will feature cinematic-themed rooms and an outdoor VOX cinema, Gulf News reports.
Majid Al Futtaim Seeks to Rely on Renewable Energy in 7.5% of Power Consumption
Monday, 24th April 2017
Emirati leading shopping mall, communities, retail and leisure pioneer Majid Al Futtaim is aiming to rely on renewable energy sources in 7.5% of its electricity consumption, Invest-Gate reports.
BATIMAT: A Stable Market for Urban Development in Egypt Needed
Saturday, 11th March 2017
Invest-Gate provides a special coverage for BATIMAT exhibition and conference that is currently taking place in Cairo, Egypt. News coverage are provided by Invest-Gate business reporter Fatma Khaled
Dalia Khorshid meets with Al Futtaim, Lazard and Others
Sunday, 22nd January 2017
The Minister of Investment Dalia Khorshid met with the Emirati Omar Al Futtaim Group and the CEOs of Lazard, Credit Suisse and Citybank on January 20, at the World Economic Forum in Davos, Switzerland
InterContinental, Al-Futtaim Sign Deal for UAE’s Largest Holiday Inn
Monday, 14th November 2016
InterContinental Hotels Group (IHG) and Al-Futtaim on Monday announced the signing of an agreement for the largest Holiday Inn hotel in the UAE in Dubai's Festival City, according to a press release.
Al Futtaim Plans to Sign EGP 1 B in Contracts in 2016
Tuesday, 10th May 2016
Al Futtaim Real Estate intends to sign contracts worth EGP 1 billion in 2016, while also increasing investment in its Cairo Festival City projects by EGP 2 billion, for a total investment of EGP 19 billion, the company’s Managing Director Mohamed Al Mikawi told Daily News Egypt.