Majid Al Futtaim announces ‘My City Centre’ project in Ras Al Khaimah


June 11, 2017 | By RetailME Bureau

MENA-based shopping mall, retail and leisure operator Majid Al Futtaim has announced its new, up-coming neighborhood shopping destination in Ras Al Khaimah, My City Centre Al Dhait.

Majid Al Futtaim expansion into the northern emirate comes as part of the company’s strategy to increase its total investment in the UAE by AED30 billion by 2026. The new shopping mall will be serving Ras Al Khaimah’s communities from early next year.

My City Centre Al Dhait, which represents an investment of AED68.5 million, is Majid Al Futtaim’s third ‘My City Centre’ mall. Located strategically between two growing residential communities in the north and south-west of Al Dhait in Ras Al Khaimah, it will begin construction this month.

My City Centre Al Dhait will bring a diverse and tailored mix of shopping and dining outlets, offering nearby residents a convenient and accessible experience, ideal for everyday shopping needs. It will be home to 30 stores across 59,137 sqft of gross leasable area, including a 12,680 sqft Carrefour Market, in addition to 117 parking spaces to visitors.

“The new My City Centre Al Dhait shopping destination underscores the success of Majid Al Futtaim’s ‘My City Centre’ brand, a neighbourhood retail brand focused on offering accessible, convenient and lifestyle-oriented stores to serve surrounding communities,” says Ghaith Shocair, CEO – Shopping Malls, Majid Al Futtaim Properties.

“My City Centre Al Dhait is the most recent example of Majid Al Futtaim’s vision to create great moments for everyone, everyday, by providing accessible, convenient shopping and service destinations that addresses the immediate needs of residents through convenience and easy reach, while also acting as a social hub for the local community,” he adds.

My City Centre Al Dhait was designed to address the needs of Al Dhait’s growing communities, as Ras Al Khaimah continues to expand its economy through manufacturing, tourism and free zone activities. Both residents and tourists will benefit from a new range of shopping and dining options, delivered in line with Majid Al Futtaim’s commitment to quality.

Complementing the growth in the UAE, Majid Al Futtaim has ongoing expansion plans in Oman, Saudi Arabia and Egypt, while redeveloping a number of its 21 existing retail and leisure destinations.

Previous Article Next Article

SHARE

YOU MAY ALSO LIKE /


Sunil Kumar, CEO, Spinneys

Starting as a shelf packer in 1994, Sunil Kumar saw his way 

Continue Reading

October 29, 2024 | By RetailME Bureau
Sunil Kumar and Debashish Mukherjee at MRF 2024

What does it take to sustain profitable growth in the post-IPO phase? 

Continue Reading

October 23, 2024 | By Anurima Das

Mahalle began its operations in 2022 as an “Authentic Turkish Grocery in 

Continue Reading

October 7, 2024 | By Anurima Das
Naresh Kumar Bhawnani, Founder & Chairman, West Zone Group

“Retail is a people’s business. When building a retail brand or the 

Continue Reading

October 3, 2024 | By RetailME Bureau
Sunil Kumar, CEO, Spinneys

From being one of the first retailers in Dubai to ban single-use 

Continue Reading

October 1, 2024 | By RetailME Bureau
Walid Shabana, Co-founder & CTO, Rabbit

For starters, Rabbit is a growing e-commerce grocery platform in Egypt always 

Continue Reading

September 30, 2024 | By RetailME Bureau
Arunachalam Palaniappan, CTO, Choithrams

In 2024 grocery retail major Choithrams has achieved several milestones underscoring its 

Continue Reading

September 12, 2024 | By RetailME Bureau
#Topshelftalks session at Food Business Forum 2024

Industry pioneers are embracing a comprehensive strategy that integrates consumer insights, digital 

Continue Reading

July 3, 2024 | By Anurima Das
#EdgeOfTomorrow session at Food Business Forum 2024

The regional grocery retail market is evolving fast keeping pace with constantly 

Continue Reading

July 3, 2024 | By Rupkatha B
#CartToCouch session at Food Business Forum 2024

If anything, the Middle East market is excited about quick commerce – 

Continue Reading

July 2, 2024 | By Rupkatha B
#EcoEchoes session at Food Business Forum 2024

From ethical and local sourcing to adopting cutting-edge technologies to curb food 

Continue Reading

July 2, 2024 | By Rupkatha B
#ByteSizedBreakthroughs session at Food Business Forum 2024

The regional grocery retail market is becoming more and more diverse, offering 

Continue Reading

July 2, 2024 | By Rupkatha B




Download Images RetailME Magazine