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Majid Al Futtaim

Coverage of Majid Al Futtaim in the Nexus archive.

Earliest in view: Jun 11 · 11:43 UTCMost recent: Jun 23 · 12:24 UTC
Co-mentioned in this coverage
Recent coverage
  • BUSINESSJun 23 · 12:24 UTCSEMAFOR
    Dubai’s MAF plans $3.1B New Cairo development

    Dubai’s Majid Al Futtaim and Egypt’s MIDAR for Investment and Urban Development signed a $3.1 billion deal to develop 6,000 residential units, hotels, and commercial spaces in New Cairo. The project follows increased UAE investments in Egypt, including a $35 billion agreement to develop Ras El Hekma, and reciprocal support like Egypt sending fighter jets to the UAE during the Iran war.

  • BUSINESSJun 11 · 11:43 UTCSEMAFOR
    Dubai developer invokes force majeure on home sales

    Dubai developer Majid Al Futtaim has invoked force majeure clauses in home sales contracts at Tilal Al Ghaf due to disruptions from the Iran war, citing supply chain challenges and rising material costs. The company blames rerouted trade flows for delays in construction materials and higher shipping expenses, impacting project timelines and investor returns.

Majid Al Futtaim · Dossier · The Nexus