Majid Al Futtaim boss: ‘We’ll be everywhere’ in Saudi cinema expansion:
A leading foreign investor in Saudi Arabia signaled his confidence in the Kingdom’s economy and investment prospects with a multibillion-dollar expansion program and a rollout of innovations in leisure and retail.
Speaking on the sidelines of the annual World Economic Forum in Davos, Alain Bejjani, chief executive of Dubai-based Majid Al Futtaim (MAF), unveiled the latest stages of a $4 billion investment plan.
This includes the first Vox cinema in Jeddah — part of a rollout that will see 300 new screens in the Kingdom within 18 months — and a plan to introduce Saudi-only workforces in the Carrefour chain of supermarkets that MAF operates in the country.
No comments:
Post a Comment