Abu Dhabi-based Aldar Properties’ Yas Mall, spread across 2.5 million sqft on Yas Island, is all set to open this year, with its inauguration coinciding with the final race of 2014 Formula One World Championship. According to the developer, construction of the mall is complete and the handover of units to tenants for fit-outs is already underway.
Almost 80% of mall space has already been leased out to major retail groups, including MH AlShaya, Majid Al Futtaim, Landmark Group, Dubai Holding, Azadea, Paris Group, Royal Sporting House, Al-Futtaim, Retail Arabia and Fucom. The mall will open with over 300 stores, crossing the 400-mark including F&B brands, a 20-screen cinema operated by VOX Cinemas, a family entertainment zone and the largest hypermarket in Abu Dhabi that will be operated by Géant.
“With its wide range of shopping and entertainment attractions, Yas Mall is sure to draw a lot of people to Abu Dhabi. It will be a significant addition to the wider Yas Island offer – that currently includes seven hotels as well as a range of attractions comprising Yas Marina Circuit, Yas Marina, Ferrari World Abu Dhabi, Yas Water World, Yas Links Golf Course and Yas Retail. The mall will be a major part of our corporate strategy to strengthen recurring revenues, bringing stability and consistency to underlying earnings,” says Mohammed Al Mubarak, Aldar’s deputy CEO.
Sustainable coffee movement continues to gain momentum
With coffee being a preferred beverage, the GCC coffee industry has seen
October 30, 2023 | By RetailME Bureau
Five trends to dominate the UAE coffee landscape
The branded coffee shop market segment in the Middle East is set
October 13, 2023 | By Rupkatha BAster plans to reduce water and electricity consumption by 5% by 2025 in GCC & India
Majid Al Futtaim’s City Centres Bahrain, Deira, Muscat receive LEED Platinum Certifications
/ 
Majid Al Futtaim Retail, which owns the exclusive rights to operate Carrefour
BinDawood Holding Company has earned an Honorary Shield, a distinguished recognition by
The World Economic Forum, with support from the Government of the United
Carrefour, operated by Majid Al Futtaim in the UAE, has set up
GMG’s Everyday Goods – Retail division is now expanding into the country’s
Following a partnership deal between food and grocery retailer Spinneys Dubai and
A regional food and beverage (F&B) major Agthia Group PJSC has signed
Amid constraints of current inflationary pressures leading to significant price hikes averaging
Global heavyweights from around the world are confirming their participation at InFlavour,
/ 
Three of Majid Al Futtaim’s shopping malls in the region have been
A modern mixed-use development One Za’abeel, wholly owned by the Investment Corporation
Globally, retailers are becoming serious about their commitments towards creating business models
Cenomi Centers, one of the largest developers of shopping malls and complexes
Dubai Mall recently celebrated the grand unveiling of Chinatown, seamlessly integrating cultural
Curating and giving homegrown businesses a platform for growth has always been
1930s ushered in the era of neighbourhood shopping malls or community shopping
During the first half of the year, period ending June 30, 2023,
Recently Prince Turki bin Talal Al Saud, Prince of the Asir region
The rapid pace of retail development in Saudi Arabia has created opportunities
From coffee chain to premium fragrances and jewellery, several brands including Costa
Previous Article
