Majid Al Futtaim Expanding in Kenya, Egypt, Saudi Arabia, CEO Says

The transcript discusses the growth in consumer confidence and revenue in malls, particularly in Saudi Arabia, despite economic challenges. It highlights the impact of online shopping and digital presence on consumer habits. Expansion plans in Saudi Arabia, Oman, and new markets in East Africa and Egypt are detailed. The financial strategies and market plans for future growth are also covered.

What was the percentage increase in revenue mentioned in the first section?

• 10%

• 15%

• 13%

• 20%

Which country's cinema sector opening is highlighted as a positive development?

• Qatar

• Saudi Arabia

• UAE

• Oman

What is the company's approach to the rise of online shopping?

• Enhancing digital presence alongside physical stores

• Reducing digital investments

• Focusing solely on physical stores

• Ignoring online trends

What is the nature of the project being developed in Muscat, Oman?

• An industrial park

• A traditional shopping mall

• A mixed-use development

• A theme park

How has the company adapted its presence in the GCC amidst regional tensions?

• Reduced operations

• Business as usual

• Closed all branches

• Shifted focus to Europe

Which new market is the company expanding into with 10 secured locations?

• Kenya

• Australia

• India

• Brazil

What recent financial strategy did the company undertake?

• Issued new bonds

• Secured a lending facility

• Reduced workforce

• Sold assets