News

Dubai, United Arab Emirates, 14 August 2025: Get ready to learn, explore, and imagine! Dubai’s favourite characters Modesh and Dana are calling all curious kids and creative minds to join them at ...
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 ...
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 ...
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.
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 ...
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).
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 ...
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 ...