My City Centre Masdar features more than 70 stores.
The Dhs300 million community project – Majid Al Futtaim’s first shopping mall in Abu Dhabi and its 25th in the region – is a flagship mixed-used development with sustainability at its core.
“My City Centre Masdar’s opening marks a key milestone for Majid Al Futtaim as its 25th shopping mall in the region and its first mall in the UAE’s capital. Expected to be one of the region’s most sustainable malls through the efficient use of resources including energy and water management, My City Centre Masdar underlines Majid Al Futtaim’s commitment to an enhanced living environment driven by the UAE’s long-term sustainability goals,” said Ahmed Galal Ismail, Chief Executive Officer of Majid Al Futtaim – Properties.
Featuring sustainably sourced wood, a range of locally-grown produce and a commitment to reducing single-use plastic bag usage, by being the first hypermarket in the UAE not to offer them at the cash counters, the 7,000 sqm Carrefour hypermarket at My City Centre Masdar is also the brand’s 100th store in the UAE.
“It is a tremendous honour for Masdar City to be the home of Abu Dhabi’s most sustainable shopping mall,” said Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, Abu Dhabi Future Energy Company. “I’d like to congratulate Majid Al Futtaim and all the teams involved in realizing this landmark project, which is further evidence of the status of Masdar City as a location for leading businesses and international brands, and of the commercial appeal of low-carbon urban development.”
“Of course, Masdar City is not only a benchmark for sustainable urban development,” Al Ramahi added. “It is also a thriving community made up of thousands of residents, students, researchers, entrepreneurs and business people, supported by the Free Zone, which provides unique business support services and regulations.”
Masdar City, Abu Dhabi’s flagship innovative and sustainable urban development, has officially broken the Guinness World Record for the world’s largest mosaic made from recycled materials.
Khalifa University of Science and Technology on Tuesday announced it will showcase Masdar Institute’s latest research innovations in advanced sustainable technologies and clean energy during the World Future Energy Summit (WFES) 2020 that is part of Abu Dhabi Sustainability Week (ADSW) 2020.
Reportage Properties is going ahead on fast track with its projects in Abu Dhabi, mainly in Masdar City and Al Raha Beach. “The company recently completed the delivery of the units at “Leonardo Residence” in Masdar City,
The US economy unexpectedly added jobs in May after suffering record losses in the prior month, offering the clearest signal yet that the downturn triggered by the COVID-19 pandemic was probably over, though the road to recovery could be long.
Canadian plane and train maker Bombardier said on Friday it would cut 2,500 jobs, or about 11% of the workforce at its aviation unit, as the coronavirus pandemic’s crushing impact on the air industry adds to its long list of problems.
The COVID-19 pandemic has introduced unique market pressures and challenges across industrial sectors. In the context of the real estate industry in the UAE, the crisis interrupted a process of steadily building renewed growth.
Germany has become the second major European Union (EU) economy to use a multi-billion-euro recovery plan to spur clean driving, with incentives for electric cars that should boost Volkswagen (VW) and Tesla, while polluting sport utility vehicles (SUVs) face higher taxes.