Majid Al Futtaim's CEO Says 2018 Going to Be a Good Year

The transcript discusses the company's performance in 2017, highlighting growth and challenges due to market volatility and currency devaluations. It outlines the outlook for 2018, emphasizing structural changes in key markets like Egypt and Saudi Arabia. The impact of VAT on consumer confidence and spending is analyzed, with a focus on effective pricing strategies. Expansion plans in the region, including retail and cinema sectors, are detailed, along with acquisition strategies. Geopolitical risks and economic factors, such as the impact of the dollar and regional tensions, are also addressed.

What expansion plans does the company have in the region?

How does the company plan to address potential risks in the market?

What are the expectations for the Egyptian market in the upcoming presidential election?