UAE retail set for 5.4 per cent annual growth through 2028, driven by demand for immersive, tech-enabled mall experiences
shopping malls
Latest in shopping malls
Dubai Shopping Malls
Majid Al Futtaim reports $9.2bn revenue and $681m net profit
Majid Al Futtaim reports 2024 results across real estate, retail, lifestyle and entertainment divisions
Dubai Marina
Emirates REIT sells Trident Grand Mall in Dubai for $20m
Emirates REIT has sold a mall in Dubai Marina for more than $20m
dubai malls
New Dubai nature-inspired mall will open in 2026
Sobha Realty will open community mall in Dubai in H2 2026
Mall of Muscat
Mall of Muscat announces new openings after record 4m footfall last year
Mall of Muscat to see new outlets open following award-winning 2023
Abu Dhabi Airports
Abu Dhabi announces new shopping mall
Abu Dhabi Airports announces new shopping mall plan
Abu Dhabi
Aldar’s AED500mn investment to redevelop two malls in UAE
Abu Dhabi-based real estate developer Aldar Properties injects a substantial AED500 million worth of investment to redevelop two malls in Ras Al Khaimah and Al Ain
COP28
Dubai’s Mall of the Emirates biggest mall in the world to receive LEED sustainability certification
Mall of the Emirates becomes the world’s largest operating mall to earn LEED Platinum Certification for sustainability, Majid Al Futtaim Asset Management says
clean energy
Shopping malls key to sustainable retail, says Majid Al Futtaim executive
Embracing sustainability ‘makes good business sense,’ says Majid Al Futtaim’s Khalifa bin Braik
Chinatown
Dubai now has a Chinatown
Located in Dubai Mall, visitors can dine at the food hall, take pictures with a giant panda and go shopping
Dubai shopping
UAE consumer spending up 19% last year
Majid Al Futtain releases findings on state of UAE retail last year
Majid Al Futtaim
Dubai retailer announces Mall of the Metaverse virtual shopping centre
Dubai’s Majid Al Futtaim will open a virtual mall with Carrefour, Vox and Samsung spaces
India
LuLu Group to set up biggest mall in India, invests $365 million
The mall, which will be located in Ahmedabad will house over 300 national and international brands
earnings report
Profit surges for retail giant Majid Al Futtaim as pandemic restrictions ease
The Dubai giant records 15 percent increase in revenue to AED18 billion for H1 2022, benefitting greatly as consumers flock to its malls, cinemas and hotels
Dubai Outlet Mall
New extension to make Dubai Outlet Mall the world’s largest outlet mall
The mall, located on Al Ain Road, will feature several new brands when its entire 3.8 million square feet area is opened to the public in Q4
Big City Centre Vote
What do customers visiting malls in the region want above all else?
A Majid Al Futtaim survey has received feedback from,10,000 customers to determine their preferences and desires within malls, which are driving the top retail trends of 2022