Dubai's Majid Al Futtaim to open $722m super-regional mall

First of its kind retail and entertainment destination for Cairo includes indoor ski slope
Mall of Egypt is expected to create more than 41,000 direct and indirect job opportunities since the start of its construction.
By Staff writer
Wed 01 Mar 2017 02:13 PM

Majid Al Futtaim will open its $722m Mall of Egypt, a sister brand to Mall of the Emirates, on Thursday.

Located in 6th of October City on Al Wahat Road in Cairo, the shopping and entertainment hub includes Ski Egypt (the city’s first snow slope) and a 21-theatre VOX Cinema. The centre also includes gross leasable area of 165,000 sqm and a total of 6,500 parking spaces.

Majid Al Futtaim said it invested $19 million developing the surrounding road network over an area of approximately 10 km, to improve access for visitors.

The company said Mall of Egypt is expected to create more than 41,000 direct and indirect job opportunities since the start of its construction.

“Majid Al Futtaim has a long standing presence in Egypt, which started 15 years ago with the introduction of Carrefour, City Centre Maadi and City Centre Alexandria,” said Ghaith Shocair, CEO Shopping Malls, Majid Al Futtaim Properties.

“In-line with our vision of creating great moments for everyone every day, today we are proud to open the doors of Mall of Egypt, bringing snow to the city through Ski Egypt as well as featuring an array of exclusive international brands and innovative leisure and entertainment concepts of VOX Cinemas, Magic Planet and Little Explorer introduced for the first time in the Egyptian market.”

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