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 and Ali Saeed Juma Albwardy, Spinneys

One of UAE’s leading fresh food retailers, Spinneys has announced its intention 

Continue Reading

April 19, 2024 | By RetailME Bureau
Laura Manning, Managing Director & Founder, BRW Society

Launched in 2019 by Laura Manning, UAE-based homegrown brand BRW Society completes 

Continue Reading

April 5, 2024 | By Rupkatha B
Rajiv Warrier, Chief Executive Officer, Choithrams

Since the launch of its first store in the UAE five decades 

Continue Reading

March 20, 2024 | By RetailME Bureau
Dr. Dhananjay Datar Chairman & Managing Director ADIL Trading Co. LLC

Dr. Dhananjay Datar Chairman & Managing Director ADIL Trading Co. LLC holds 

Continue Reading

February 29, 2024 | By Rupkatha B
Hani Weiss, Chief Executive Officer, Majid Al Futtaim Retail

In 1995 regional retail conglomerate Majid Al Futtaim introduced Carrefour to the 

Continue Reading

February 26, 2024 | By RetailME Bureau
Prashant Parameswaran, Managing Director and Chief Executive Officer of Tata Consumer Soulfull

Tata Soulfull, a leading name in the ‘good-for-you’ snacks and breakfast cereals 

Continue Reading

February 22, 2024 | By Rupkatha B
Jean-Luc Graziato, Chief Commercial Officer of Majid Al Futtaim – Retail and Alia Al Harmoodi, Acting CEO of the Environment, Health and Safety Agency

Majid Al Futtaim – Retail, which holds the exclusive franchise to operate 

Continue Reading

February 20, 2024 | By RetailME Bureau
Krishna Dhanak, Managing Director, Alpen Capital

In an exclusive interview Krishna Dhanak, Managing Director, Alpen Capital shared insights 

Continue Reading

February 19, 2024 | By Rupkatha B
Majed M. Al-Tahan, Co-founder & Managing Director, Danube Online

As digital transformation across the retail industry continues to accelerate, the expectations 

Continue Reading

December 19, 2023 | By RetailME Bureau
Frederic Levy-Perrault, CEO, Al Raya Supermarket

Saudi Arabia-based grocery retail chain Al Raya Supermarket serves over 100,000 customers 

Continue Reading

December 15, 2023 | By RetailME Bureau
Ahmad AR. BinDawood, Chief Executive Officer, BinDawood Holding

BinDawood Holding has a rich Saudi heritage, spanning over 50 years, 38 

Continue Reading

December 13, 2023 | By RetailME Bureau
Majid Al Futtaim Retail commits to Collaborative Impact Goals at COP28

Majid Al Futtaim Retail, which owns the exclusive rights to operate Carrefour 

Continue Reading

December 8, 2023 | By Rupkatha B




Download Images RetailME Magazine