UAE-based retail conglomerate Majid Al Futtaim has partnered with EFG Hermes’ fintech arm valU to provide shoppers with monthly installment plans of up to five years through the latter's e-commerce platform.

Fawaz AlHokair Group’s mall development unit Marakez has signed an EGP 670 mn syndicated loan agreement with multiple local banks to finance the execution of phase II of east Cairo's Mall of Katameya.

Cairo Festival City Mall (CFCM) and Premium Card have partnered to create a new joint venture to offer the center's shoppers an innovative payment-on-installment program, with zero interest, which is set to kick off in mid-August.

UK-based property advisor Savills has been appointed by one of Bahrain's leading shopping destinations, Enma Mall, as its exclusive property management and leasing services manager.

Egypt-based Hometown Developments said it will begin contract sales of its newest commercial development in the New Administrative Capital (NAC), named “LaFayette Mall," on July 2.

Mohamed Abdel Wahab, executive director of the General Authority for Investment and Free Zones (GAFI), approved a total of 103 projects within the investment zone of City Centre Almaza.

Minister of Investment and International Cooperation Sahar Nasr officially inaugurated on December 5 Majid Al Futtaim's "City Centre Almaza," which is developed with investments amounted to USD 580 mn (EGP 9.35 bn)

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.

Dubai-based retail and leisure developer Majid Al Futtaim has announced that construction work of Mall of Oman, the group’s fifth and biggest lifestyle destination, is in full swing for March 2021 opening, having hit two major infrastructure milestones en route

City Centre Almaza, Majid Al Futtaim's third mall in Egypt, located in Heliopolis, east Cairo, will open its doors to the public on September 30, boasting 103,000 square meters of unprecedented retail and dining outlets.