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Majid Al Futtaim to boost total investment in the UAE to AED 48 billion by 2026

Majid Al Futtaim to boost total investment in the UAE to AED 48 billion by 2026

June 2016 The Middle East and North Africa’s leading shopping mall, retail and leisure pioneer, Majid Al Futtaim, has today unveiled a strategic development plan that will see the company increase its total investment in the United Arab Emirates (UAE) by AED 30 billion by 2026, taking its total investment in the country to AED

SPENDING HABITS OF THE ULTRA-WEALTHY

Spending habits of the ultra-wealthy

Million dollar paintings, luxury cars and a shift towards commercial real estate – Cityscape magazine investigates the spending habits of the GCC’s ultra-high net-worth individuals.

FRESH WIND FOR THE UAE’S F&B SECTOR

Fresh wind for the UAE’s F&B sector

The demand for healthy options, high quality offerings and innovative dining are propelling the food and beverage sector in the UAE.

Abu Dhabi and Dubai combined rank 17th globally in most active cities for shopping centre development

May 2016  Two of the UAE’s most popular destinations, Abu Dhabi and Dubai, have together ranked amongst the top 17 of the most active cities for shopping centre development, according to CBRE’s latest Global Shopping Centre Development report. The cities currently have a total of 626,887 sqm of total retail space under construction, an 11%

Dubai’s office market remains positive with strong corporate occupier demand

Dubai’s office market continues to see strong demand for good quality, efficient, and well located accommodations, resulting in declining vacancy rates in key sub-markets according to Q1 2016 Dubai MarketView by global real estate consultancy firm CBRE.