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Sun 22 Dec 2013 01:43 PM

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Dubai's MAF plans $467m shopping mall in Oman

Retail group Majid Al Futtaim says Mall of Oman will have 350 shops; to open in Q4 2017

Dubai's MAF plans $467m shopping mall in Oman
(Photo for illustrative purposes only)

Dubai retail group Majid Al Futtaim (MAF) on Sunday announced plans to invest OR180m ($467 million) to build a shopping mall in the neighbouring Gulf state ofOman.

Built on 157,000 square metres of land in the capital Muscat, Mall of Oman will have 350 stores including a Carrefour outlet and a cinema complex, MAF said in a statement.

The project will be Oman's largest shopping and entertainment complex and is expected to be completed in the fourth quarter of 2017, the company added.

MAF, the sole franchisee of Carrefour hypermarkets in the region, said 1,500 jobs would be created during construction of the mall and an additional 3,500 permanent jobs were expected once the shopping mall was open.

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