Projects

Mall of Egypt on track to open in Jan 2016

04 July 2014

Mall of Egypt, the 160,000-m2 mega-mall being developed by Majid Al Futtaim (MAF) Properties in Cairo, is proceeding on track despite unrest in the country, a senior official confirmed. 

“We are on track to deliver it by January 2016,” George Kostas, the CEO of MAF Properties said.

“We faced some delay last year for one or two months, but the contractor is doing well. They are making good progress on the site.

“I’m very pleased that we have worked around three and a half to four million man hours on the site without one major incident – no fatalities or major injuries on site, which is an outstanding outcome so far.”

The $800 million project, dubbed as being a sister brand to Mall of the Emirates in Dubai, will feature international fashion and lifestyle retail brands, a ski park, a 17-screen cinema, a family entertainment centre and over 50 food and beverage outlets.

By Aarti Nagraj

Read the latest issue

Latest Issue