{"id":594621,"date":"2019-09-02T03:51:57","date_gmt":"2019-09-02T03:51:57","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/ikea-opens-new-store-in-mall-of-arabia\/"},"modified":"2019-09-02T03:51:57","modified_gmt":"2019-09-02T03:51:57","slug":"ikea-opens-new-store-in-mall-of-arabia","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/ikea-opens-new-store-in-mall-of-arabia\/","title":{"rendered":"Ikea opens new store in Mall of Arabia"},"content":{"rendered":"<p>Swedish furniture and home accessories retailer Ikea opened a new store west of Cairo in the Mall of Arabia to serve customers in the area until its full-scale store opens its doors in 2020, <a href=\"https:\/\/cms.shorouknews.com\/news\/view.aspx?cdate=01092019&id=18b0585b-1e85-479a-b7bc-514002850e63\">Al Shorouk reported<\/a>. Fawaz AlHokair Group\u2019s Marakez inked a long-term lease agreement with Al Futtaim Misr for Retail to open a 20k sqm Ikea store at the mall <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/23\/west-cairo-is-getting-an-ikea-as-marakez-al-futtaim-ink-agreement\/\">last December<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swedish furniture and home accessories retailer Ikea opened a new store west of Cairo in the Mall of Arabia to serve customers in the area until its full-scale store opens its doors in 2020, Al Shorouk reported. Fawaz AlHokair Group\u2019s Marakez inked a long-term lease agreement with Al Futtaim Misr for Retail to open a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9315],"tags":[72,1485,2390,338],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-594621","post","type-post","status-publish","format-standard","hentry","category-other-business-news-of-note","tag-enterpriseam","tag-ikea","tag-other-business-news-of-note","tag-retail","wpautop","entry"],"acf":{"mongo_id":"5d37b2b0-468c-4fec-9270-0b15f38753a2","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[594586],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Ikea opens new store in Mall of Arabia - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/ikea-opens-new-store-in-mall-of-arabia\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ikea opens new store in Mall of Arabia\" \/>\n<meta property=\"og:description\" content=\"Swedish furniture and home accessories retailer Ikea opened a new store west of Cairo in the Mall of Arabia to serve customers in the area until its full-scale store opens its doors in 2020, Al Shorouk reported. Fawaz AlHokair Group\u2019s Marakez inked a long-term lease agreement with Al Futtaim Misr for Retail to open a [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/ikea-opens-new-store-in-mall-of-arabia\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-09-02T03:51:57+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/ikea-opens-new-store-in-mall-of-arabia\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/ikea-opens-new-store-in-mall-of-arabia\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Ikea opens new store in Mall of Arabia\",\"datePublished\":\"2019-09-02T03:51:57+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/ikea-opens-new-store-in-mall-of-arabia\/\"},\"wordCount\":72,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"IKEA\",\"Other Business News of Note\",\"retail\"],\"articleSection\":[\"Other Business News of Note\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/ikea-opens-new-store-in-mall-of-arabia\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/ikea-opens-new-store-in-mall-of-arabia\/\",\"name\":\"Ikea opens new store in Mall of Arabia - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2019-09-02T03:51:57+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/ikea-opens-new-store-in-mall-of-arabia\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/ikea-opens-new-store-in-mall-of-arabia\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/ikea-opens-new-store-in-mall-of-arabia\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ikea opens new store in Mall of Arabia\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Ikea opens new store in Mall of Arabia - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/02\/ikea-opens-new-store-in-mall-of-arabia\/","og_locale":"en_US","og_type":"article","og_title":"Ikea opens new store in Mall of Arabia","og_description":"Swedish furniture and home accessories retailer Ikea opened a new store west of Cairo in the Mall of Arabia to serve customers in the area until its full-scale store opens its doors in 2020, Al Shorouk reported. 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This will be the Swedish retailer\u2019s second store in Egypt following its Cairo Festival City store.","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":605122,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/12\/23\/west-cairo-is-getting-an-ikea-as-marakez-al-futtaim-ink-agreement\/","url_meta":{"origin":594621,"position":1},"title":"West Cairo is getting an Ikea as Marakez, Al Futtaim ink agreement","author":"enterpriseam admin","date":"23 December 2018","format":false,"excerpt":"EXCLUSIVE- West Cairo is getting an Ikea. Fawaz AlHokair Group\u2019s Marakez has inked a long-term lease agreement with Al Futtaim Misr for Retail to open a 20k sqm Ikea store at Mall of Arabia in West Cairo, according to a statement (pdf). The outlet will be the second in Egypt\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/12\/807.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":592939,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/12\/marakez-signs-egp-395-mn-loan-with-emirates-nbd-egypt-for-new-ikea-store\/","url_meta":{"origin":594621,"position":2},"title":"Marakez signs EGP 395 mn loan with Emirates NBD Egypt for new Ikea store","author":"enterpriseam admin","date":"12 November 2019","format":false,"excerpt":"Fawaz AlHokair Group\u2019s Marakez has signed a EGP 395 mn long-term loan agreement with Emirates NBD Egypt to finance a 20k sqm Ikea store at Mall of Arabia, NBD corporate banking head Amr Azab said. Marakez inked a long-term lease agreement last December with Al Futtaim Misr for Retail, which\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":574669,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/09\/17\/covid-is-slowing-the-pace-of-foreign-investment-in-egypt\/","url_meta":{"origin":594621,"position":3},"title":"Covid is slowing the pace of foreign investment in Egypt","author":"enterpriseam admin","date":"17 September 2020","format":false,"excerpt":"Covid is slowing the pace of foreign direct investment in Egypt, two announcements yesterday suggest. Kuwait\u2019s Arzan Financial Group has postponed its Egypt expansion plans \u2014 including setting up an investment bank \u2014 until 2022, citing covid, Al Mal report. Mohamed Asran, the CEO of Arzan\u2019s Egypt-based brokerage firm, says\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":560594,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/04\/also-on-our-radar-on-4-march-2021\/","url_meta":{"origin":594621,"position":4},"title":"Also on our radar on 4 March 2021","author":"enterpriseam admin","date":"4 March 2021","format":false,"excerpt":"Egypt wants international companies to help it reclaim a 500k-acre area in the Western Desert as part of the Toshka Project, Al Mal reports. Sources tell the newspaper that the government is deciding which area it wants to cultivate and working out the costs of the project before officially announcing\u2026","rel":"","context":"In &quot;Also on our Radar&quot;","block_context":{"text":"Also on our Radar","link":"https:\/\/enterpriseam.com\/egypt\/category\/also-on-our-radar\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627004,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/17\/efg-hermes-arranges-usd-18-mn-worth-of-loans-for-marakez-to-finance-new-residential-project-in-new-cairo\/","url_meta":{"origin":594621,"position":5},"title":"EFG Hermes arranges USD 18 mn-worth of loans for Marakez to finance new residential project in New Cairo","author":"enterpriseam admin","date":"17 July 2018","format":false,"excerpt":"INVESTMENT WATCH- EFG Hermes arranges USD 18 mn-worth of loans for Marakez to finance new residential project in New Cairo: EFG Hermes has reportedly arranged USD 18 mn-worth of loans for Al Hokair Group\u2019s Marakez for Real Estate Investment, sources with knowledge of the matter tell Al Mal. 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