Majid Al Futtaim Holding announces 2018 preliminary results
Majid Al Futtaim Holding, the leading shopping mall, communities, retail and leisure pioneer announced its preliminary and unaudited results for 2018.
Retailing
Emaar Malls taps former M&S exec Bousquet-Chavanne as CEO
Former Mark & Spencer board member and executive Patrick Bousquet-Chavanne will take over as Chief Executive Officer of Dubai’s Emaar Mall in August.
Younata Investment to bring Freddy’s to the Middle East
Dubai-based Younata Investment Limited has signed a development and master franchise agreement with fast-casual restaurant operator Freddy’s Frozen Custard & Steakburgers to bring the concept to the Middle East.
Matthew Frost to join Spinneys Dubai as CEO in January 2018
Spinneys Dubai, a unit of Albwardy Group, has appointed Matthew Frost as chief executive officer, effective January 2018.
Majid Al Futtaim Fashion to open A&F store in Saudi Arabia
Abercrombie & Fitch Co., in partnership with Majid Al Futtaim, to open the first A&F store at the Red Sea Mall in Jeddah.
Noon appoints Faraz Khalid as Chief Executive
Noon, the Middle East’s soon to be launched e-commerce platform, has announced the appointment of Faraz Khalid as its Chief Executive Officer.
Aline Ashkarian takes the role as Patchi’s General Manager
Chocolate retailer Patchi has announced the appointment of Ms Aline Ashkarian as General Manager of its operations in the United Arab Emirates.
Majid Al Futtaim buys Geant hypermarket franchisee
Majid Al Futtaim, the Middle East operator of French retailer Carrefour, has acquired the franchisee of Geant hypermarkets in the UAE, Bahrain and Kuwait.
Benoit Lamonerie takes the helm at Marka
Marka, a retail focused company listed on the Dubai Financial Market, has announced the appointment of Benoit Lamonerie as its new Chief Executive Officer.