{"id":625305,"date":"2018-08-01T03:57:39","date_gmt":"2018-08-01T03:57:39","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/01\/egypt-saudi-arabia-uae-and-oman-top-investment-destination-for-maf-group-ceo-says\/"},"modified":"2018-08-01T03:57:39","modified_gmt":"2018-08-01T03:57:39","slug":"egypt-saudi-arabia-uae-and-oman-top-investment-destination-for-maf-group-ceo-says","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/08\/01\/egypt-saudi-arabia-uae-and-oman-top-investment-destination-for-maf-group-ceo-says\/","title":{"rendered":"Egypt, Saudi Arabia, UAE, and Oman top investment destination for MAF Group, CEO says"},"content":{"rendered":"

<\/a> INVESTMENT WATCH- Egypt, Saudi Arabia, UAE, and Oman are currently the top investment destinations for the Majid Al Futtaim (MAF) Group<\/strong> as it continues to pursue expansion plans in the region, CEO Alain Bejjani tells Bloomberg in an interview (watch, runtime: 5:42<\/a><\/u> or read here<\/a><\/u>). The company\u2019s regional expansion plans is focused on high-demand market such as Egypt, where it\u2019s currently working on building 100 new Carrefour stores<\/a><\/u> in industrial zones across the country, with the first set to be established in Ismailia<\/a><\/u>.<\/p>\n

MAF is also building a USD 13.6 bn mixed-use development in Muscat <\/strong>in partnership with the Omani government and trying to capitalize on the introduction of movie theatres in Saudi Arabia with some 600 cinemas and a number of new malls planned, according to Bejjani. The company has also been expanding its presence in Kenya and eyeing more business in neighboring East African countries, he adds.<\/p>\n","protected":false},"excerpt":{"rendered":"

INVESTMENT WATCH- Egypt, Saudi Arabia, UAE, and Oman are currently the top investment destinations for the Majid Al Futtaim (MAF) Group as it continues to pursue expansion plans in the region, CEO Alain Bejjani tells Bloomberg in an interview (watch, runtime: 5:42 or read here). The company\u2019s regional expansion plans is focused on high-demand market […]<\/p>\n","protected":false},"author":1,"featured_media":625306,"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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-625305","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"47f483ea-f7d4-4cf1-9be4-eb349762ff27","order":"0","is_powered_by":true,"section_story_id":"62317073-74b0-487f-b7a6-45ef1aee6454","story_type":"1","photo_url":"https:\/\/ent.news\/2018\/8\/19.jpg","photo_position":"above","related_issue":[625297],"teaser":"","voice_url":""},"yoast_head":"\nEgypt, Saudi Arabia, UAE, and Oman top investment destination for MAF Group, CEO says - 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\/2018\/08\/01\/egypt-saudi-arabia-uae-and-oman-top-investment-destination-for-maf-group-ceo-says\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt, Saudi Arabia, UAE, and Oman top investment destination for MAF Group, CEO says\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Egypt, Saudi Arabia, UAE, and Oman are currently the top investment destinations for the Majid Al Futtaim (MAF) Group as it continues to pursue expansion plans in the region, CEO Alain Bejjani tells Bloomberg in an interview (watch, runtime: 5:42 or read here). 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MAF will carry forward plans to expand in markets including the UAE, Egypt, Oman, and Saudi Arabia and will also\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":632066,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/01\/maf-still-pursuing-growth-plans-despite-revenue-slowdown-in-2017\/","url_meta":{"origin":625305,"position":1},"title":"MAF still pursuing growth plans despite revenue slowdown in 2017","author":"enterpriseam admin","date":"1 February 2018","format":false,"excerpt":"MAF still pursuing growth plans despite revenue slowdown in 2017: Despite a drop in earnings in 2017, the UAE\u2019s Majid Al Futtaim Group (MAF) is still pursuing regional expansion plans that should see it double in size by 2020, CEO Alain Bejjani said yesterday, The National reports. The company 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\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":561681,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/18\/egypt-very-resilient-market-for-maf\/","url_meta":{"origin":625305,"position":2},"title":"Egypt \u201cvery resilient\u201d market for MAF","author":"enterpriseam admin","date":"18 April 2021","format":false,"excerpt":"Egypt, UAE and Saudi expected to lead post-covid recovery for MAF: Egypt proved to be a \u201cvery resilient\u201d market for Majid Al Futtaim, which has seen its fastest recovery from last year\u2019s pandemic business slump in the UAE and Saudi Arabia, CEO Alain Bejjani told the Associated Press. The Dubai-based\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/171.jpg?fit=%2C&ssl=1&resize=350%2C200","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":625305,"position":3},"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":593973,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/15\/saudi-arabian-online-payment-platform-hyperpay-eyes-expansion-in-egypt\/","url_meta":{"origin":625305,"position":4},"title":"Saudi Arabian online payment platform HyperPay eyes expansion in Egypt","author":"enterpriseam admin","date":"15 October 2019","format":false,"excerpt":"Saudi Arabian e-payments company HyperPay is planning to expand in the Egyptian market, Chairman Abdullah Altamami told Zawya, without providing any details about its investment plans. HyperPay currently has an office in Egypt, the UAE, and Jordan, and is active in Kuwait, Bahrain and Oman.","rel":"","context":"In "Banking + Finance"","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":554084,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/20\/saudi-electronics-retailer-extra-eyes-egp-1-bn-expansion-to-egypt\/","url_meta":{"origin":625305,"position":5},"title":"Saudi electronics retailer eXtra eyes EGP 1 bn expansion to Egypt","author":"enterpriseam admin","date":"20 December 2021","format":false,"excerpt":"Saudi electronics retailer Extra plans to spend EGP 1 bn to launch in Egypt, marking the company\u2019s first expansion outside the GCC region, Extra said in a Saudi regulatory filing. The Tadawul-listed company \u2014 formally known as United Electronics Company and one of the largest consumer electronics companies in the\u2026","rel":"","context":"In "Investment Watch"","block_context":{"text":"Investment Watch","link":"https:\/\/enterpriseam.com\/egypt\/category\/investment-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/12\/396.jpeg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/625305","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=625305"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/625305\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/625297"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/625306"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=625305"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=625305"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=625305"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=625305"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=625305"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}