{"id":597360,"date":"2019-07-24T04:18:48","date_gmt":"2019-07-24T04:18:48","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/majid-al-futtaim-to-open-usd-437-mn-heliopolis-mall-in-september\/"},"modified":"2019-07-24T04:18:48","modified_gmt":"2019-07-24T04:18:48","slug":"majid-al-futtaim-to-open-usd-437-mn-heliopolis-mall-in-september","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/majid-al-futtaim-to-open-usd-437-mn-heliopolis-mall-in-september\/","title":{"rendered":"Majid Al Futtaim to open USD 437 mn Heliopolis mall in September"},"content":{"rendered":"

Majid Al Futtaim will open its USD 437 mn City Centre Almaza in East Cairo in September<\/b>, the company said in a statement (pdf)<\/a>. Owners will receive the keys to their shops at the beginning of September and the mall will be open to customers by the end of the month, the company said. The European Bank for Reconstruction & Development (EBRD) has provided up to USD 200 mn to Majid Al Futtaim to build the project, which is its third City Centre in Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"

Majid Al Futtaim will open its USD 437 mn City Centre Almaza in East Cairo in September, the company said in a statement (pdf). Owners will receive the keys to their shops at the beginning of September and the mall will be open to customers by the end of the month, the company said. The […]<\/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":[8572],"tags":[72,1896,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-597360","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-majid-al-futtaim","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"38abbb50-24fe-4bea-98f3-3e6e47739bfb","is_powered_by":true,"section_story_id":"c004a9d9-3d72-4ed4-9dc5-bfdb28c0db15","story_type":"1","photo_url":"","photo_position":"above","related_issue":[597342],"teaser":"","voice_url":""},"yoast_head":"\nMajid Al Futtaim to open USD 437 mn Heliopolis mall in September - 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\/07\/24\/majid-al-futtaim-to-open-usd-437-mn-heliopolis-mall-in-september\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Majid Al Futtaim to open USD 437 mn Heliopolis mall in September\" \/>\n<meta property=\"og:description\" content=\"Majid Al Futtaim will open its USD 437 mn City Centre Almaza in East Cairo in September, the company said in a statement (pdf). Owners will receive the keys to their shops at the beginning of September and the mall will be open to customers by the end of the month, the company said. The […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/majid-al-futtaim-to-open-usd-437-mn-heliopolis-mall-in-september\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-07-24T04:18:48+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\/07\/24\/majid-al-futtaim-to-open-usd-437-mn-heliopolis-mall-in-september\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/majid-al-futtaim-to-open-usd-437-mn-heliopolis-mall-in-september\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Majid Al Futtaim to open USD 437 mn Heliopolis mall in September\",\"datePublished\":\"2019-07-24T04:18:48+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/majid-al-futtaim-to-open-usd-437-mn-heliopolis-mall-in-september\/\"},\"wordCount\":93,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"Majid Al Futtaim\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/majid-al-futtaim-to-open-usd-437-mn-heliopolis-mall-in-september\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/majid-al-futtaim-to-open-usd-437-mn-heliopolis-mall-in-september\/\",\"name\":\"Majid Al Futtaim to open USD 437 mn Heliopolis mall in September - 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While the details of the expansion are correct, Cairo Festival City is a property of Al Futtaim \u2014 a company separate from Majid Al Futtaim. As a Majid Al Futtaim company official\u2026","rel":"","context":"In "Speed Round"","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":636019,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/19\/majid-al-futtaim-to-increase-investments-in-egypt-to-egp-23-bn-by-2020\/","url_meta":{"origin":597360,"position":1},"title":"Majid Al Futtaim to increase investments in Egypt to EGP 23 bn by 2020","author":"enterpriseam admin","date":"19 December 2017","format":false,"excerpt":"INVESTMENT WATCH- Majid Al Futtaim plans to increase its investments in Egypt to EGP 23 bn by 2020, according to Al Mal. The company\u2019s priority for 2018 is getting more retailers to open shop at Mall of Egypt. The company will also be working towards completing the 300-store City Centre\u2026","rel":"","context":"In "Speed Round"","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":594538,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/01\/majid-al-futtaim-plans-expansion-in-egypt\/","url_meta":{"origin":597360,"position":2},"title":"Majid Al Futtaim plans expansion in Egypt","author":"enterpriseam admin","date":"1 September 2019","format":false,"excerpt":"INVESTMENT WATCH- Majid Al Futtaim plans expansions in Egypt: UAE-based real estate developer and retail giant Majid Al Futtaim (MAF) is planning to open about 12 new stores in Egypt in the coming few months, CEO Alain Bejjani said in an interview with Bloomberg TV (watch; runtime 7:09). \u201cEgypt is\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/8\/2747.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":596633,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/03\/usd-200-mn-from-ebrd-will-go-to-construction-of-majid-al-futtaims-city-centre-almaza\/","url_meta":{"origin":597360,"position":3},"title":"USD 200 mn from EBRD will go to construction of Majid Al Futtaim\u2019s City Centre Almaza","author":"enterpriseam admin","date":"3 July 2019","format":false,"excerpt":"USD 200 mn in funding from the EBRD to Majid Al Futtaim\u2019s City Centre Almaza: The European Bank for Reconstruction & Development (EBRD) is providing up to USD 200 mn to Majid Al Futtaim to build its USD 437 mn City Centre Almaza in East Cairo, the financial institution said\u2026","rel":"","context":"In "Speed Round"","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":603382,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/21\/majid-al-futtaim-to-invest-egp-700-mn-to-open-20-new-carrefour-outlets-in-egypt\/","url_meta":{"origin":597360,"position":4},"title":"Majid Al Futtaim to invest EGP 700 mn to open 20 new Carrefour outlets in Egypt","author":"enterpriseam admin","date":"21 April 2019","format":false,"excerpt":"Majid Al-Futtaim Group (MAF) is planning to invest EGP 700 mn in Egypt this year to open 20 new Carrefour outlets, Carrefour Egypt Country Manager Jean Luc Montague told reporters on Thursday, according to the local press. Executive Regional Manager Herve Majidier had previously said MAF will invest USD 500\u2026","rel":"","context":"In "Other Business News of Note"","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":603031,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/14\/futtaim-announces-expansion-to-cairo-festival-city\/","url_meta":{"origin":597360,"position":5},"title":"Futtaim announces expansion to Cairo Festival City","author":"enterpriseam admin","date":"14 April 2019","format":false,"excerpt":"Al Futtaim is expanding Cairo Festival City mall, adding 120 retail stores and restaurants stretching over 22k sqm, it said in a press release (pdf). 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