Kuwait-based Tamdeen Pearl, a subsidiary of Tamdeen Group, has launched “Al Khiran Hybrid Outlet Mall,” marking the first-of-its-kind in the region and coming in response to shoppers’ demand for an all-inclusive experience, Invest-Gate reports.

Poised to boost Kuwait’s position as a regional shopping, entertainment, and conservative tourism destination, the 350,000-square-meter spot will comprise over 300 stores and dining options, together with multiple experiential outlets such as artificial intelligence (AI) and tech-themed entertainment, Tamdeen Group said in a press release October 27.

The mall also will feature “Water Gardens,” a 1.25-kilometer-long park and boardwalk, Kuwait’s largest marina with 900 berths, an amphitheater, in addition to “3,700 parking spaces that will also offer customer’s increased ease and accessibility. All of this and much more will allow Al Khiran Hybrid Outlet Mall to offer experiences for the whole day and the whole family.”

“Located in South Kuwait, the project will benefit from the country’s stable economy with a GDP of USD 142 bn that serves a population of over 4.6 mn people of which 70% youth. A total retail expenditure of USD 33.3 bn growing at 7.8% is expected to reach USD 52.2 bn in 2025, which is encouraging for retail real estate development,” read the statement.

Lauding the innovative project, Chairman of Tamdeen Group Mohammad Al Marzouq stated, “Tamdeen Group is proud to be launching the first hybrid outlet concept in the region, which aims to satisfy a changing customer and growing demand for great value and heightened experiences. ”

“Our conviction in this project stems from a thorough understanding of customers’ expectations and behaviors in Kuwait along with a deep-rooted purpose of setting new benchmarks in the country’s retail real estate industry,” Al Marzouq was quoted as saying.