Al‐Futtaim Retail has agreed to acquire a 49.95 per cent stake in Cenomi Retail from major shareholders for about SAR 2.52 billion, signalling a major strategic shift in Saudi Arabia's retail ...

Dubai: This summer, get ready for more discounts and offers as Dubai Summer Surprises (DSS) brings an exciting array of fun, rewards, and surprises to all Majid Al Futtaim malls. Whether you're ...

For one day only, from 10am to 10pm , shoppers can dive into jaw-dropping discounts of up to 90 per cent off across Majid Al Futtaim malls - including Mall of the Emirates, City Centre Mirdif ...

Omar Al Futtaim, vice chairman and CEO of Al-Futtaim, said: “Our investment in Cenomi Retail reflects our strong confidence in Saudi Arabia’s economy and its long-term Vision 2030.

Emirati conglomerate Al-Futtaim is to buy a 49.95% stake in Saudi Arabian franchiser Cenomi Retail in a deal worth more than 2.5 billion riyals ($667 million), Cenomi Retail said in a statement on ...

Al-Futtaim, one of the region’s most prominent and diversified private business groups with interests ranging from automobiles, real estate, healthcare, and retail, has signed a share purchase ...

Prime Minister Mostafa Madbouly had a meeting on Thursday with CEO of Al-Futtaim Group Alain G. Bejjani to assert Egypt's support for real investments in the country. The meeting was attended by a ...

Dubai: UAE-based Al Futtaim Investment Group has announced the launch of a new venture in the Kuwait under the name Kuwait Festival City, marking its official entry into the Kuwaiti market.

UAE's Al-Futtaim to acquire 49.95% of Saudi's Cenomi Retail Emirati conglomerate Al-Futtaim is to buy a 49.95% stake in Saudi Arabian franchiser Cenomi Retail in a deal worth more than 2.5 billion ...

Dubai’s Al Futtaim buys 49.95% stake in Saudi Arabia’s Cenomi Retail for over Dh2.44 billion The companies are also negotiating a shareholder loan agreement to strengthen the Saudi firm’s ...

Al Futtaim Retail has agreed to buy a major stake in Saudi Arabian firm Cenomi Retail for 2.5 billion riyals ($666 million).

Emirati conglomerate Al-Futtaim is to buy a 49.95 percent stake in Saudi Arabian franchiser Cenomi Retail in a deal worth more than 2.5 billion riyals ...