DOCSLIB.ORG

Deira City Centre Is One of the Flagship Malls Within the MAF Shopping Malls Property Portfolio and Ranks As One of the Most Successful Shopping Malls in the World

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Deira City Centre Is One of the Flagship Malls Within the MAF Shopping Malls Property Portfolio and Ranks As One of the Most Successful Shopping Malls in the World PRODUCT Deira City Centre is one of the flagship malls within the MAF Shopping Malls property portfolio and ranks as one of the most successful shopping malls in the world. It remains the region’s most visited destination for both local residents and tourists. Deira City centre is built on three levels with themed precincts to make shopping easier for customers. It has a total built up area of 189,000 square metres and a gross leasable area of 115,000 square metres making it a large mall but one that is manageable for shoppers. The mall comprises over 370 retail stores and boasts parking for 4,000 vehicles. The retail stores read like a who’s who of all that is best in the world of retail and the mix of retailers is such that Deira City Centre has become a destination for all the family to enjoy whilst its wide range of restaurants and cafes attract a clientelle in their own right. Retail • Debenhams Department Store - 5,178 square metres MARKET Amongst the most memorable are:- • Large-format Carrefour hypermarket - 16,320 Deira City Centre was the very first true • 2007 ICSC Maxi Award for “DCC Loves YOU” square metres “shopping destination” developed in the United Sales Promotion • Paris Gallery - 4,886 square metres Arab Emirates. It is true that there were other, • 2005 ICSC Maxi Award for DSF “World • Virgin Megastore - 1,513 square metres smaller malls already in existence but Deira City Famous Sale” promotion • BinHendi Avenue - 6,490 square metres Centre was the first mall to encompass all that • DSF Innovation Award for Best Mall Promotion • Studio R – 2,249 square metres we expect to see in a shopping mall today. It is during Dubai Shopping Festival 2005 • Sharaf DG – 3,505 square metres wholly owned and operated by MAF Shopping • Guinness World Records ‘Mass Handshake • H&M – 1,197 square metres Malls - a part of the Majid Al Futtaim Group. Participation’ (February 11, 2005) for largest • NEXT – 2,410 square metres With more than 1,000 retailers within its Mass Participation Handshake in the world • New Look – 1,825 square metres malls, seven operating centres, combined visitor – DSF 2005 • Splash – 1,394 square metres traffic of 85 million • DSF Innovation Award for Best • Thirteen electronics retailers such as Jacky’s shoppers annually Mall Décor during Dubai Shopping Electronics and Jumbo Electronics. and growing, MAF Festival 2004 ‘The World Famous Shopping Malls is Sale’ the leading manager • Gulf Brand of the Decade Award and developer of 2003 shopping centres in • New York Advertising Festival the Middle East and Award for Dubai Shopping Festival North Africa and 2003 ‘Diamond Campaign’ has truly succeeded • ICSC MAXI MERIT Award 2003 in changing the Sales Promotion face of shopping, entertainment and HISTORY leisure in the region. Deira City Centre first opened Driven by the its doors in November 1995. At vision of its founder the time, it virtually redefined the and President, Mr concept of “malls” for the region. Majid Al Futtaim, the As the first large-scale, mixed-use company is part of shopping destination, complete MAF Properties LLC, one of the major operating with shopping, dining, entertainment and hotel, subsidiaries of the Majid Al Futtaim Group. Deira City Centre brought one-stop shopping and entertainment to an entirely new and ACHIEVEMENTS international level for the Middle East. Deira City As is to be expected of such a ground breaking Centre was an outstanding success from the very innovation in shopping, Deira City Centre has won first and even today, over a decade later, it is still many awards and accolades since its opening. setting the pace for other malls to follow. 40 040-041_DEIRA CITY.indd 2 1/13/08 10:46:32 AAMM • Opening of the Fashion Precinct area (with international fashion outlets such as Cool Cat, Bershka, Stradivarius, Phat Farm, Pepe Jeans, Club Monaco, GAP, etc.) • Opening of the AED 40-million Ground Floor Extension which houses popular brands such as Splash, Shoemart, Pablosky, Wrangler, Borders, Mandarino, etc. PROMOTION Deira City Centre continuously strives to enhance customers’ experience through special events, promotions and community service initiatives which are implemented all year round Some of these initiatives have been recognised by both local and international industry experts for their excellence. BRAND VALUES Deira City Centre offers visitors a welcoming atmosphere and a family-friendly environment. There is a huge variety of retail offering designed • Seven sporting retailers such as Sun & Sand, • Executive floor with 50 executive rooms and a Adidas and Puma. Business Centre with exclusive lounge Dining • The Residence features 112 beautifully • 55 restaurants and Café’s furnished fully serviced apartments including • CityWalk – stretch of thirteen restaurants and studios, one bedroom, two bedroom and three cafes such as Chili’s, Coco’s, China Times, Hatam bedroom apartments • International food court with 21 outlets such • Prominent location at the forefront of the Mall as Krispy Kreme, Marble Slab Creamery, KFC, • State-of-the-art fitness facilities with a roof top McDonald’s, Shamiana swimming pool • BinHendi Avenue features a wide range of food and beverage outlets such as Japengo Café, Bella Donna - Italian restaurant, and The Noodle House. Leisure & Entertainment • Magic Planet which is one of the largest family entertainment centres in the Middle East at 3,011 square metres. It features the latest simulators, video games, and theme rides for children of all ages. • Eleven screen cinema multiplex, totaling 5,661 square metres – 3000 seats Hotel • Sofitel City Centre Hotel & Residence, totalling to suit all tastes along with a complete shopping 318 sophisticated guest rooms including a experience ranging from retail through to dining Presidential Suite; six Executive Suites; eight and leisure and entertainment. Junior Suites. Deira City Centre has, from the beginning, been an • Eleven modern meeting rooms industry leader and, through continuous innovation, will maintain that lead over its competitors. • Six restaurants/ bars • Modern banqueting and catering facilities Things you didn’t know about • Valet parking with 220 car park spaces. DEIRA CITY CENTRE RECENT DEVELOPMENTS Deira City Centre has successfully completed In 2006, Deira City Centre received over 21M visitors its AED350 million redevelopment programme During DSF’07, Deira City Centre was the second designed to keep the facilities completely up to most visited destination, next to Global Village date. Components of this program are the following: More than 45,000 people visit Deira City Centre on • Improvement of Magic Planet and the Food a daily basis during weekdays. During weekends, Court with more offerings more than 75,000 people per day come to • Upgrading of facilities: Entrance façade the mall. improvement and landscaping, flooring and Of all the entries to the ICSC Maxi Awards from the ceiling works, refurbishment of restrooms, entire Middle East, only Deira City Centre, along carparks and taxi rank area, the addition of with another MAF Shopping Mall, received an travelators award for marketing excellence. 040-041_DEIRA CITY.indd 3 1/13/08 10:46:48 AAMM.
Load more

Recommended publications
  • Maf Sukuk Ltd
    BASE PROSPECTUS MAF SUKUK LTD. (incorporated in the Cayman Islands with limited liability) U.S.$1,500,000,000 Trust Certificate Issuance Programme Under the U.S.$1,500,000,000 trust certificate issuance programme described in this Base Prospectus (the "Programme"), MAF Sukuk Ltd. (in its capacities as issuer and as trustee, the "Trustee"), subject to compliance with all applicable laws, regulations and directives, may from time to time issue trust certificates (the "Certificates") in any currency agreed between the Trustee and the relevant Dealer (as defined below). Certificates may only be issued in registered form. The maximum aggregate face amount of all Certificates from time to time outstanding under the Programme will not exceed U.S.$1,500,000,000 (or its equivalent in other currencies calculated as described in the Programme Agreement described herein), subject to increase as described herein. Each Tranche (as defined herein) of Certificates issued under the Programme will be constituted by: (i) an amended and restated master trust deed (the "Master Trust Deed") dated 31 May 2016 entered into between the Trustee, Majid Al Futtaim Properties LLC ("Majid Al Futtaim Properties"), Majid Al Futtaim Holding LLC ("Majid Al Futtaim Holding" or the "Guarantor") and Citibank, N.A., London Branch as delegate of the Trustee (the Delegate, which expression shall include any co-Delegate or any successor) and (ii) a supplemental trust deed (the "Supplemental Trust Deed" and, together with the Master Trust Deed, each a "Trust Deed") in relation to the relevant Series which shall be entered into in respect of the first Tranche of Certificates.
    [Show full text]
  • Turning Bits Into Dollars | Ideation Center
    IDEATION CENTER INSIGHT Turning bits into dollars The potential of the data economy in the GCC Contacts Strategy& INSEAD Beirut Dubai Theodoros Evgeniou Alice Klat Jad Hajj Professor, Decision Sciences Director, Ideation Center Partner and Technology Management +961-1-985-655 +971-4-436-3000 +33-1-60-72-45-46 alice.klat jad.hajj theodoros.evgeniou @strategyand.ae.pwc.com @strategyand.ae.pwc.com @insead.edu Jana Batal Paris Senior Fellow, Ideation Center Pierre Péladeau +961-1-985-655 Partner, PwC France jana.batal +33-1565-7585 @strategyand.ae.pwc.com pierre.peladeau @strategyand.fr.pwc.com Strategy& Middle East thanks the following individuals who were interviewed for this report and contributed their insights: Jana Batal, Senior Fellow, Ideation Center, Strategy& Middle East David Dubois, Associate Professor of Marketing, INSEAD Joe Youssef Malek, Executive Partner at Gartner Acile Sleiman, Retail Industry Head in MENA, Google Guillaume Thfoin, Head of Business Analytics Corporate Development, Majid Al Futtaim Group ABOUT THE AUTHORS Strategy& Jad Hajj is a partner with Strategy& based in Dubai. He is a member of the technology, media, and telecommunications practice in the Middle East. He specializes in helping telecom operators and technology providers develop winning strategies and build distinctive digital capabilities. He has particular expertise in corporate strategy and business-to-business, as well as digitization and innovation. Pierre Péladeau is a leading practitioner in digital transformations for Strategy&, PwC’s strategy consulting group. Based in Paris, he is a partner with PwC France. He supports executives of the largest global groups in the telecommunications, high technology, energy, utilities, aerospace, and retail sectors in their strategies and digital transformations.
    [Show full text]
  • Investor Presentation
    INVESTOR PRESENTATION February 2019 CONTENTS TABLE OF CONTENTS Majid Al Futtaim FY 2018 Performance Update Appendix ▪ Majid Al Futtaim Group Overview USD / AED EXCHANGE RATE OF 3.6725 IS USED THROUGHOUT THE PRESENTATION 2 2 WE ARE NAVIGATING A CHALLENGING MARKET ENVIRONMENT RetailSector Landscape Trends Evolving Consumer Behavior Intensifying Competition Substitution Effect ➢ Greater emphasis on personalized ➢ Value migrating from brick-and- ➢ Stores will transition to places that services and experiences mortar to e-commerce tell stories through experiences ➢ Hyper-connected consumer ➢ Increased Automation in Last Mile ➢ Disruptive technology such as redefining value Delivery IOT, AI, Augmented Reality. Macro Trends Global Trade Wars Oil Price Volatility Geopolitical shifts across the ME Egyptian economy improving Stronger USD Fiscal Reforms across GCC 3 WHILE REMAINING COMMITTED TO OUR STRATEGIC PRIORITIES Expand to be leaders Maintain leadership in adjacent/core in our core countries geographies Long Term Strategy Our aspiration is to become a regionally focusedlifestyleconglomerate …with a stellar international reputation Expand our presence in Protect our leadership Egypt and Saudi Arabia, position in the UAE driven by our shopping 1 2 malls business signature Top notch customer talent and Grow at scale at least Build a foundation experience capabilities position in Africa one adjacent Brand & business Human Customer Creating great moments Capital Experience for everyone, everyday Seamless andIntegratedOmnichannel Offering Expand in
    [Show full text]
  • Sukuk Base Prospectus 2019
    IMPORTANT NOTICE THIS BASE PROSPECTUS MAY ONLY BE DISTRIBUTED TO: (1) NON-U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT")) OUTSIDE OF THE UNITED STATES; (2) "QUALIFIED INSTITUTIONAL BUYERS" (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT OR (3) PERSONS WHO ARE "ACCREDITED INVESTORS" (AS DEFINED IN RULE 501(A)(1), (2), (3) OR (7) UNDER THE SECURITIES ACT) THAT ARE INSTITUTIONS. IMPORTANT: You must read the following disclaimer before continuing. The following disclaimer applies to the attached base prospectus (the "document") and you are therefore advised to read this carefully before reading, accessing or making any other use of the attached document. In accessing the document, you agree to be bound by the following terms and conditions, including any modifications to them from time to time, each time you receive any information from us as a result of such access. You acknowledge that this electronic transmission and the delivery of the attached document is confidential and intended only for you and you agree you will not reproduce or publish this electronic transmission or forward the attached document to any other person. RESTRICTIONS: UNDER NO CIRCUMSTANCES SHALL THE ATTACHED DOCUMENT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THE SECURITIES IN THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL. ANY SECURITIES TO BE ISSUED HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S.
    [Show full text]
  • Case Study Majid Al Futtaim
    Case Study Majid Al Futtaim fcmtravel.com Case Study Majid Al Futtaim Case Study Majid Al Futtaim Client since Travellers Market 2008 500 UAE If you’ve been shopping Founded in 1992, Majid Al Futtaim Group (MAF) is the leading shopping mall, communities, retail and leisure pioneer across the in the UAE, chances are Middle East, Africa and Asia, and one of the UAE’s most respected and you’ve visited one of Majid successful businesses. Al Futtaim’s incredible MAF owns and operates 21 shopping malls, 12 hotels and three shopping centres. mixed-use communities, with further developments underway in the region. The shopping malls portfolio includes extraordinary retail spaces like Mall of the Emirates, City Centre malls, My City Centre neighbourhood centres and more. In 2008 MAF issued a tender for its estimated AED 14 million corporate travel account. The decision to tender followed a company procurement review and subsequent program initiative to cost savings across a series of projects encompassing travel. The tender process concluded in December 2008 and FCM Travel Solutions was appointed as their TMC. This appointment provided MAF with further travel management consolidation across the company’s operations in UAE, and since 2008 FCM has been successful in retaining the contract following two competitive RFPs issued by MAF. In addition to the UAE, FCM and MAF have extended their relationship into five new countries across the Middle East and North Africa region and like your credit card after a shopping spree, the travel programme volume has almost tripled in size! Case Study Majid Al Futtaim Approach Defining focus areas As part of a new travel management strategy, MAF had a number of goals it wanted to achieve as part of the consolidation process.
    [Show full text]
  • Giordano's City Centre Deira Store Awarded 4-Stars in Green Star
    Giordano’s City Centre Deira Store Awarded 4-Stars in Green Star Awards for Environmental Efforts and Sustainability November, 2020, United Arab Emirates Giordano’s City Centre Deira store has been awarded 4 Stars in the Green Star Awards ceremony, which was held at the vibrant ‘INDOORS’ pop-up space in City Centre Deira, Dubai. The Majid Al Futtaim group, which owns City Centre Deira and an impressive network of other shopping malls, retail, and leisure establishments in the Middle East and North Africa, recognized its tenants’ environmental efforts and commitment to sustainability with its prestigious Green Star Awards. The Green Star Rating system (“Green Star”) is a pioneering initiative which assesses tenants’ sustainability policies and certain environmental and social aspects relevant to their fit-outs and operation. It encourages all mall tenants to follow Green Star sustainability rating standards. In recent years, over 600 stores have participated each year, with only less than half receiving 3 Stars or more. Green Star is modelled on the United States’ ‘Leadership in Energy and Environmental Design’ standards (LEED), the points-based rating standard that concerns the design, construction, operation, and maintenance of green buildings, malls and neighborhoods. “This award is a testament to Giordano’s ongoing commitment towards being a responsible corporate citizen. We are fully dedicated, not only towards delivering quality products and service to our customers, but also creating a positive impact in the communities where we conduct our business”, said Ishwar Chugani, Managing Director of Giordano Middle East. He concluded, “Our City Centre Deira store will act as a beacon for our ongoing development, as we strive to make all our stores more sustainable and environmentally-friendly”.
    [Show full text]
  • Important Notice This Base Prospectus
    IMPORTANT NOTICE THIS BASE PROSPECTUS MAY ONLY BE DISTRIBUTED TO: (a) NON-U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT")) OUTSIDE OF THE UNITED STATES; (b) "QUALIFIED INSTITUTIONAL BUYERS" (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT); OR (c) PERSONS WHO ARE "ACCREDITED INVESTORS" (AS DEFINED IN RULE 501(A)(1), (2), (3) OR (7) UNDER THE SECURITIES ACT) THAT ARE INSTITUTIONS. IMPORTANT: You must read the following disclaimer before continuing. The following disclaimer applies to the attached base prospectus (the "document") and you are therefore advised to read this carefully before reading, accessing or making any other use of the attached document. In accessing the attached document, you agree to be bound by the following terms and conditions, including any modifications to them from time to time, each time you receive any information from us as a result of such access. You acknowledge that this electronic transmission and the delivery of the attached document is confidential and intended only for you and you agree you will not reproduce or publish this electronic transmission or forward the attached document to any other person. RESTRICTIONS: UNDER NO CIRCUMSTANCES SHALL THE ATTACHED DOCUMENT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THE SECURITIES IN THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL. ANY SECURITIES TO BE ISSUED HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE SECURITIES ACT OR WITH ANY SECURITIES REGULATORY AUTHORITY OF ANY STATE OR OTHER JURISDICTION OF THE UNITED STATES AND MAY NOT BE OFFERED, SOLD, PLEDGED OR OTHERWISE TRANSFERRED WITHIN THE UNITED STATES OR TO U.S.
    [Show full text]
  • OMAN U N T R Y a Vision for the Future
    SPECIAL ADVERTISING SECTION C oOMAN u n t r y A Vision for the Future reliant on its oil and gas reserves, the Sultanate of Oman is successfully diversifying its economy and implementing a multi-billion dollar strategic plan to attract international investors. The Arabian Gulf nation of 3.5 million people has enjoyed impressive growth in recent years, due to greater economic and financial stability, wider private sector partici- H.E. Rajiha bint Dr. Gary Dorahy Rashid Ali Al Balushi pation, and a fast-growing tourism industry. Abdulamir bin Ali Country Manager Managing Director Minister of Tourism & Hospital Director Iskan Oman Historically a prosperous country built on Indian Muscat Private Hospital Investment Company Traditionally Ocean trade, Oman enjoys excellent relations with the U.K., with many U.K. citizens helping to train Oman’s pre- Liquefied Natural Gas (LNG) and Natural Gas Liquids. Its key dominantly young population. The country’s Vision 2020 de- export markets are East Asia and, increasingly, Europe. velopment project is a blueprint for the future, setting out The firm operates a liquefaction plant in eastern Oman and strategic goals to improve infrastructure, reform regulatory 85% of its workforce is Omani. “The longer term trend for frameworks, entice foreign investors, and boost business con- the oil and gas market is 1.5% to 2.5% annual growth in de- fidence. Oman registered a gross domestic product value of mand for oil, and 3% to 5% for gas, with the LNG part of the some U.S.$67.5 billion last year, up nearly 7% on 2007.
    [Show full text]
  • Important Notice This Base Prospectus May Only Be Distributed To: (1) Non-U.S. Persons (As Defined in Regulation S Under The
    IMPORTANT NOTICE THIS BASE PROSPECTUS MAY ONLY BE DISTRIBUTED TO: (1) NON-U.S. PERSONS (AS DEFINED IN REGULATION S UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT")) OUTSIDE OF THE UNITED STATES; (2) "QUALIFIED INSTITUTIONAL BUYERS" (AS DEFINED IN RULE 144A UNDER THE SECURITIES ACT) OR (3) PERSONS WHO ARE "ACCREDITED INVESTORS" (AS DEFINED IN RULE 501(A)(1), (2), (3) OR (7) UNDER THE SECURITIES ACT) THAT ARE INSTITUTIONS. IMPORTANT: You must read the following disclaimer before continuing. The following disclaimer applies to the attached base prospectus (the "document") and you are therefore advised to read this carefully before reading, accessing or making any other use of the attached document. In accessing the document, you agree to be bound by the following terms and conditions, including any modifications to them from time to time, each time you receive any information from us as a result of such access. You acknowledge that this electronic transmission and the delivery of the attached document is confidential and intended only for you and you agree you will not reproduce or publish this electronic transmission or forward the attached document to any other person. RESTRICTIONS: UNDER NO CIRCUMSTANCES SHALL THE ATTACHED DOCUMENT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THE SECURITIES IN THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL. ANY SECURITIES TO BE ISSUED HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S.
    [Show full text]
  • IFN Special Awards Report 2019
    COMPLIMENTARY COPY The World’s Leading Islamic Finance News Provider October 2020 2019 Special Awards Report 2019 Winners Deals of Best Service Law FinTech the Year Banks Providers Awards Awards SPECIAL AWARDS REPORT EDITOr’s nOTE Standing the test of time The World’s Leading Islamic Finance News Provider EDITORIAL Vineeta Tan – Managing Editor [email protected] It is said that time passes faster as you age; in our case, the year 2020 has flown by in just a blink of an eye, yet it feels like we are very much still stuck in the first Lauren McAughtry – Contributing Editor quarter of 2020. This is because the COVID-19 pandemic has altered the perception [email protected] of time for most of us. And it is not only the way we perceive time that has changed, Sasikala Thiagaraja – Senior Contributions Editor but also the way we run our business. [email protected] Kenny Ng – Senior Copy Editor Just two weeks before we were scheduled to fly into Dubai for the IFN Awards Ceremony [email protected] 2020 in March to honor the 2019 winners, governments across the world started shutting Nessreen Tamano – News Editor down their borders. This was unprecedented for us, and for the first time in the 13-year [email protected] history of the IFN Awards, we had to postpone and eventually cancel the physical event many in the industry have come to acknowledge as THE yearly gathering of the industry’s Jevitha Muthusamy – Journalist [email protected] absolute crème de la crème.
    [Show full text]
  • Maf Global Securities Limited
    BASE PROSPECTUS MAF GLOBAL SECURITIES LIMITED (incorporated with limited liability in the Cayman Islands) U.S.$3,000,000,000 Global Medium Term Note Programme unconditionally and irrevocably guaranteed, on a joint and several basis, by MAJID AL FUTTAIM HOLDING LLC (incorporated with limited liability in the Emirate of Dubai, United Arab Emirates) and MAJID AL FUTTAIM PROPERTIES LLC (incorporated with limited liability in the Emirate of Dubai, United Arab Emirates) Under this U.S.$3,000,000,000 Global Medium Term Note Programme (the "Programme"), MAF Global Securities Limited (the "Issuer") may from time to time issue notes (the Notes) denominated in any currency agreed between the Issuer and the relevant Dealer (as defined below). The payments of all amounts due in respect of the Notes will be unconditionally and irrevocably guaranteed, on a joint and several basis (the "Guarantee"), by Majid Al Futtaim Holding LLC ("Majid Al Futtaim Holding") and Majid Al Futtaim Properties LLC ("Majid Al Futtaim Properties" and, together with Majid Al Futtaim Holding, the "Guarantors" and each a "Guarantor"). Notes may be issued in bearer or registered form (respectively "Bearer Notes" and "Registered Notes"). The maximum aggregate nominal amount of all Notes from time to time outstanding under the Programme will not exceed U.S.$3,000,000,000 (or its equivalent in other currencies calculated as described in the Programme Agreement described herein), subject to increase as described herein. The Notes may be issued on a continuing basis to one or more of the Dealers specified under "Description of the Programme" and any additional Dealer appointed under the Programme from time to time by the Issuer (each a "Dealer" and together the "Dealers"), which appointment may be for a specific issue or on an ongoing basis.
    [Show full text]
  • INVESTOR PRESENTATION August 2020 CONTENTS
    INVESTOR PRESENTATION August 2020 CONTENTS TABLE OF CONTENTS Majid Al Futtaim H1 2020 Performance Update Appendix • Majid Al Futtaim Group Overview 2 H1 2020 Overview 2020 HAS BROUGHT UNPRECEDENTED DISRUPTION ON A GLOBAL SCALE WE HAVE REMAINED VIGILANT AND ADAPTED TO THE NEW REALITY ACROSS OUR PORTFOLIO MAJID AL FUTTAIM SITES TEMPORARY CLOSURE DATES 1 Business UAE KSA Oman Qatar Kuwait Lebanon Bahrain Egypt Jordan Kenya Iraq Georgia Armenia Pakistan Uganda 12 Mar - 1 25 Mar - 9 Apr Shopping Malls 25 Mar-24 Apr - 18 Mar-24 June - - 29 Mar - 25 Apr - - - June 24 Apr - 7 May ULOs 15 Mar-27 May - - - - - 18 Mar - 25 Mar-27 June - - - Hotels 2 22 Mar - - - - - - 16 Mar - - - - - 12 & 19 closed on Closed during 17 Apr - 21 25 Apr - 1 Never Never closed on Never Never Retail 3 Never Closed 3 Never Closed Never Closed Never Closed April Never Closed weekends during May Apr May Closed Closed April 4 & 5 Closed Closed April Cinemas 15 Mar- 27 May 11 Mar- 21 June 18 Mar - 13 Mar - 9 Mar - 9 Mar- 2 July 18 Mar - 18 Mar- 27 June - - - - - - - Leisure & Entertainment 15 Mar- 4 July 15 Mar- 21 June 18 Mar - - 15 Mar - 9 Mar- 2 July 18 Mar - 25 Mar- 27 June - 28 Mar - - 16 Mar - 28 25 Mar - 9 Apr Fashion 25 Mar-24 Apr 18 Mar- 24 June 18 Mar- 1 July 15 Mar-30 June - - - - April 24 Apr - 7 May WHILE ADOPTING A ROBUST COVID-19 RISK MANAGEMENT PROCESS ✓ Weekly monitoring of operational metrics (footfall, customer growth, basket size) and financial metrics (revenues, costs, working capital and net debt position).
    [Show full text]