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English news

09-Feb-2016

Majid Al Futtaim plans to develop two malls in Saudi Arabia

Two new landmark shopping malls will be developed in the Saudi Arabian capital of Riyadh by Majid Al Futtaim, which will see a series of luxury international fashion brands, as well as unique entertainment and leisure experiences come to the Kingdom for the first time at Mall of Saudi and City Centre Ishbiliyah. In north Riyadh, Majid Al Futtaim plans to build Mall of Saudi, the Kingdom’s largest and first fully-integrated lifestyle destination, with a total land area of over 866,000 square metres, which will include one of the world’s largest indoor snow parks. The development plan also includes 300,000 square metres of shops, restaurants and entertainment areas, prime residential units, offices and show rooms space, luxury hotels, serviced apartment buildings and other public amenities. In east Riyadh, Majid Al Futtaim plans to expand the region’s largest mall network by building City Centre Ishbiliyah. It will cover over 100,000 square metres of gross leasable area and will feature 250 stores and a 9,000 square metres Carrefour hypermarket. (Times of Oman)

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