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English news

19-Jul-2016

MAF tenders Mall of Oman, bids expected in August

Majid al-Futtaim (MAF) has invited contractors to bid before 9 August for the contract to build its cUSD715mn Mall of Oman development, planned in Bausher, at the outskirts of Muscat. The mall will include 137,000 sqm of retail space. The project is the largest component of MAF’s USD1.3bn of planned investment in the Sultanate. MAF is also set to develop City Centre Sohar and My City Centre Sur in Oman, with estimated investment costs at USD116.9mn and USD39mn, respectively. Moreover, MAF is  tendering other malls in the region, with bids for Al-Zahia mall in Sharjah underway. (MEED)

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