Dubai-based retail and leisure developer Majid Al Futtaim (MAF) said on Monday that it would create 42,000 new job opportunities in Oman as part of an investment of OMR515 million (USD1.337 billion) over the next five years. As part of the strategy, the conglomerate will invest OMR275 million in the Mall of Oman project, OMR45 million in City Centre Sohar, OMR15 million in My City Centre Sur and the remainder in its existing retail, leisure and entertainment businesses. Mall of Oman, with 350 outlets and 137,000 square metres of retail space, will be the Sultanate's largest retail outlet when it opens in 2020. It will be home to a snow park, as well as a Carrefour hypermarket and a 292-room hotel. (Zawya)