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.”
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,
Abu Dhabi Future Energy Company (Masdar) is pursuing renewable energy opportunities in the Republic of Armenia, a country with considerable potential for solar and wind energy development.
The Abu Dhabi’s real estate market is on solid growth trajectory despite the global trends.
India may keep a ban on onion exports until February because domestic prices have risen after the harvest of summer-sown crops, which were expected to augment supplies, was delayed and damaged by untimely rains, a government official said.
The number of Indian tourists travelling to the GCC is expected to increase 81 per cent from 5.4 million in 2018 to 9.8 million in 2024, growing at a Compound Annual Growth Rate (CAGR) of 10 per cent,
Sharjah Airport International Free Zone (SAIF Zone) has invited businessmen taking part in The BURJ CEO Awards & Business Summit 2019 to invest in the free zone and take advantage of its customer base,
Japan’s lower house of parliament approved on Tuesday a limited trade deal Prime Minister Shinzo Abe agreed with the United States, clearing the way for tariff cuts next year on items including US farm goods and Japanese machine tools.