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Sunday, July 21, 2024
Today's News

Majid Al Futtaim officially inaugurates Mall of Oman

Majid Al Futtaim officially inaugurates Mall of Oman

Shopping mall of Oman, which had a soft launch in September 2021, is house to Snow Oman– the largest snow park in the region, Oman’s biggest VOX Cinemas as well as 260 international and also regional retail electrical outlets

Adhering to a soft launch in September 2021, Majid Al Futtaim has formally ushered in the Shopping center of Oman.

Mall of Oman is residence to Snow Oman– the largest snow park in the region, Oman’s largest VOX Cinemas– complete with 15 displays, 260 global and local retail electrical outlets, as well as greater than 45 dining options, with plans to introduce 15 more eating experiences this year.

The Mall of Oman is taken into consideration the greatest mall worldwide to have attained LEED Platinum under the ‘New Structure Core and Shell’ section for its success in saving 28.59 per cent of power as well as 49 per cent of water, and introducing low-emission-vehicle garage.

Mall o the Oman opening
Ahmed Galal Ismail, Chief Executive Officer of Majid Al Futtaim Holding, commented: “Our tale in Oman go back greater than two decades. The commencement of the Shopping center of Oman is the latest landmark in our unrelenting as well as steadfast dedication to the sultanate. The guiding ethos that has actually underpinned our consistent and also tenacious expansion.from the first day, has been an unrelenting dedication to add to the nation’s financial growth and also the success of its individuals.”

” We stay honoured and also blessed in having the ability to meaningfully add to Oman’s Vision 2040 as well as do our part in furthering the sultanate’s drive in the direction of a diversified and also sustainable nationwide economy.”

In various other information, Ismail was assigned as president of Majid Al Futtaim Holding in January. He assumed the placement from Alain Bejjani, that served in the duty for eight years.

Investment in Oman

Majid Al Futtaim has actually invested OMR705m in Oman via a diverse profile that varies from physical assets such as mall and also mixed-use communities, to leisure as well as amusement experiences, way of life shops as well as Carrefour hypermarkets and grocery stores.

These tasks have actually produced an estimated 42,000 direct and also indirect job opportunities over the last 7 years.

New partnership

In various other information, Majid Al Futtaim has announced a calculated partnership with Poltrona Frau, the century-old high-end Italian furnishings brand name. As part of the agreement, the firm has acquired the rights to Poltrona Frau items in the UAE.

Founded in 1912 in Turin, Italy, the business is recognized for its 21-step tanning process to develop enduring natural leather things.

With this critical growth, the reputed Italian brand will certainly see a brand-new chapter of growth. The Italian brand name presently has 15 flagship shops, 165 single-brand shops and around 280 multi-brand stores across five continents.

The company saw a 20 percent growth in income in 2022, contrasted to 2021, because of a strong increase within the brand name’s residential system and also a solid recovery of public projects.

Last Updated:  07 February 2023

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