Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa, and Asia, has announced the opening of its 100th store in Egypt, marking a significant milestone in the company’s regional growth strategy.
The expansion underscores the group’s long-term commitment to Egypt, where its total investments have now surpassed $2.5 billion. The latest store opening further strengthens Majid Al Futtaim’s presence in the retail sector, creating new jobs and offering consumers broader access to high-quality products at affordable prices.
Executives at the launch highlighted Egypt’s strategic importance to the group’s portfolio, pointing to the country’s growing consumer base and evolving retail landscape as key drivers of investment. The company also reaffirmed its dedication to supporting local suppliers and enhancing sustainability initiatives within its operations.
Industry analysts note that Majid Al Futtaim’s expansion reflects rising investor confidence in Egypt’s economy, even as the nation navigates global economic headwinds. By reaching the 100-store milestone, the retail giant has further cemented its role as a catalyst for modern trade development in the Egyptian market.
