Welcome to our January 2019 Newsletter

SHOPPING CENTRE AND RETAIL TRENDS

Please click one of the following and send to publishing@mecsc.org

1.  Mall Information Form
2.  Retailers Information Form
3.  Service Provider Information Form

MECSC MEMBERS' CORNER

In this edition, the CEO of Asala Holding, Mr. Fouad Al Rashed, graces the cover of our magazine.  As our theme focuses on Redefining Experiential Retail in 2019, Fouad introduces the two mega malls that will change the retail face in KSA. Read online version here.

Grab your own copy at the MECSC Office or email customercare@mecsc.org for more details.

  MECSC MEMBERSHIP
Welcome to our newest MECSC Corporate Members!

LALS Group, Al Majid Property Co. LLC and Granadia joined MECSC as our newest Bronze Corporate Members.

Expect to hear and see more of these corporate members in our Retail People Magazine,  Website, Social Media Accounts and Newsletters.

Me, My Life, My Wallet

KPMG Report - A new way of navigating the evolving consumer

Global Powers of Retailing 2019

Deloitte’s Global Powers of Retailing 2019 reviews the global economic scenario and its impact on the retailing industry

Study: Gen Z is Truly the Digital Generation

Retailers targeting the Gen Z consumers need to offer the right kind of omnichannel customer experience

What Customer Service Skills Improve Retail Business Growth 

Retailers seeking to drive profits need to focus on three key customer service skills, according to customer intelligence company Infinity Research

NEW RETAIL OPENINGS

First look: Entertainment destination Wavehouse at Atlantis The Palm

A major new dining and entertainment venue is set to shake up things at Atlantis The Palm when it opens on February 1, and we’ve had a first look inside. Called Wavehouse, the new complex is split between indoor and outdoor activities and comes complete with a restaurant, terrace and adult-only bar, as well as endless family-friendly fun to keep little ones (and grown ups) busy. Jan 29 l What's On

UK fashion brand Missguided to open at The Dubai Mall

Found on the first floor, the store is opposite Dubai Aquarium, near Forever 21, taking the spot formerly occupied by New Look. Missguided is popular for catering centrally to young millennials, offering shoppers more than 500 new styles each week, that are inspired by street style, catwalk shows and social media. It’s released collections with stars including Nicole Scherzinger and Jourdan Dunn, as well as brands such as Barbie and Love island. Jan 29 l What's On

Las Vegas’ award-winning Bacchanal buffet now open in Dubai

A brand new slice of Las Vegas has arrived in Dubai with the opening of Caesars Resort Bluewaters Dubai. As well as bringing 301 additional guestrooms, two pools and a host of restaurants and bars to Bluewaters island, Caesars Resort also sees the arrival of Las Vegas’ famous Bacchanal buffet. Jan 29 l What's On

Sneaker Store The Social Foot opens in The Dubai Mall

Dubai is embracing sneaker culture. With a handful of smaller hype-sneaker stores popping up over the past few years, the big boys have finally noticed, and launched their own. The Social Foot, a part of the Sports & Lifestyle division at Al-Futtaim, will stock the latest sneaker releases and worldwide streetwear brands Jan 15 l Sneakers ME

PINZA opens its first dine-in venue at Onethird in dar wasl Mall

Dubai: PINZA, the modern ‘pinzeria’ that delivers the lightest, crunchiest, tastiest and healthiest hand-kneaded crust in Dubai, has marked the opening of its first dine-in venue at Onethird in dar wasl Mall, Jumeirah. Offering indoor and outdoor dining experiences, the new trendy outlet serves unique Pinzas, seasonal Pinzas as well as a range of salads in addition to vegan options for the discerning customers. Jan 13 l Zawya

Dubai Industrial Park Launches First Community Retail Mall

Dubai - Dubai Industrial Park (DI), one of the largest industrial hubs in Dubai and a member of TECOM Group, has announced the official opening of its first retail offering, Sapphire Mall, which will cater to residents in the destination’s growing community.  Jan 6 l MENA Herald

UAE’s Majid Al Futtaim opens $117m City Centre Suhar in Oman

UAE-based mall operator Majid Al Futtaim has opened its OMR45m ($117m) City Centre Suhar, the company’s fourth shopping centre in Oman, it announced on Wednesday. The mall features 129 retail outlets such as such as Body Shop and Max Fashion, a 7,348 sqm Carrefour Hypermarket, a nine-screen VOX Cinemas, Magic Planet and over 1,000 available parking spaces.  Jan 23 l Gulf Business

*UPCOMING PROJECTS

21 new Dubai hotspots to open in 2019

From fancy five-star hotels and celebrity chef-backed restaurants to giant shopping malls and performance venues, these are the new launches we’re most looking forward to in the emirate this year  Jan 8 l The National

Welcome to our February 2019 Newsletter

MECSC to pioneer Crowdsourcing, Webinars and Podcasts for the Retail Industry in the Region.

Crowdsourcing is the practice of obtaining information or input into a task or project by enlisting the services of a large number of people who provide content, services, knowledge and contributions, usually through the internet.

For our members this means access to vast amounts of information which will be generated globally.  Please let us know what information you are seeking and we will endeavor to provide crowdsourcing solutions for your business.

Webinars are coming to the MECSC in the second quarter this year. We will keep you posted. Please let us know what you want to learn about online with our newly created Webinars.

Podcasts are also coming to the MECSC in the second quarter this year. We will keep you posted. Please let us know what you want to learn about online with our newly created Podcasts

Important Announcement: Newly Amended MECSC By-Laws. The MECSC Board President Mazen Hamza Qandeel together with the MECSC Board of Directors voted unanimously in favor of the several amendments to the MECSC bylaws to reflect the current operation of the organization. Click here to view the amended MECSC By-Laws updated on 12 February 2019. 

A big thank you to our MECSC Board of Directors who were busy brainstorming and planning for the success of the MECSC's events, publications and activities. The first MECSC’s Board of Directors’ meeting this year was held last 12 February at the MECSC's office. The purpose of the meeting was to discuss important operational and policy matters, and review the association’s progress in meeting its strategic goals.

WHAT'S NEW IN RETAIL

We are now finalizing The MECSC Directory 2019 and will soon be off to the printers! Thank you for all members who have supported this once-in-a year publication of MECSC!

Make sure to reserve a copy now! We are now 60% less of stock due to early reservations!

Do you want to write an Experts Views article? Or to advertise your Mall or Brand? Last call to express interest! We will not be accepting paid contents anymore after March 14, 2019! Reach out to us now!

The MECSC Directory will feature Malls, Retailers and Service Providers in 27 countries with new countries like Iraq, Azerbaijan, Uzbekistan, Kazakhstan and many more!

Do you want to know more? Click here now or email publishing@mecsc.org

MECSC LEARNING AND DEVELOPMENT SCHOOL
For Retail Real Estate Professionals Level 1, 2 & 3

Don’t be left behind -- Equip yourself with retail knowledge now!

MECSC, together with our training instructors, are consistently raising the bar on the training offerings provided to retail professionals.  One of MECSC’s focus is designing its training course content specific to retail to ensure participants will learn how to develop, lease, market and operate shopping centre successfully.  

Participants will be taught the fundamentals of operating a shopping centre more effectively as well as learn how the essential components fit, the basic principles of the art and science of merchandising, the economics and the leasing strategies to effectively impact the income and retail productivity of their centre.

Contact MECSC office at +971 4 359 7909 or email lea@mecsc.org to register.

Custom Education also Available -  When your organization or affiliated companies consider customized retail industry training programs, please contact us as we would be pleased to assist you with your training needs

MECSC MEMBERS' CORNER

In this edition, the CEO of Asala Holding, Mr. Fouad Al Rashed, graces the cover of our magazine.  We would like to thank all our Advertisers and Sponsors for this issue. We are inviting you to read the magazine online for more up-to-date topics in the retail industry.  Read online version here.

Grab your own copy at the MECSC Office or email customercare@mecsc.org for more details.

MECSC MEMBERSHIP

2019 Retail Industry Outlook
Navigating Disruption in Retail
Deloitte: Download Full Report

The Retail Trends Playbook 2020
A report by business intelligance platform PSFK in partnership with Microsoft:  Download Full Report

RETAIL TRENDS

Aldar Investments acquires Etihad Airways properties in Dh1.2bn deal

Aldar Investments Properties, a unit of Abu Dhabi’s biggest listed developer Aldar Properties, is acquiring full ownership of Etihad Plaza and Etihad Airways Centre from Etihad Airways for Dh1.2 billion in its first major deal since launching in 2018.
The National l Feb 27, 2019

As the cashless craze takes hold, retailers are shopping for cashier-less checkouts

Social media platforms like Instagram, have played an important role in helping budding businesses and entrepreneurs develop and shape their marketing strategies as they leverage such platforms to reach their target audience. The cascading feed of retail events and pop-up stores on Instagram has been valuable to entrepreneurs in the UAE and wider Gulf.
The National l Feb 14, 2019

Huawei rolls out $2,600 foldable phone to compete with Samsung

Only five days after Samsung disrupted the smartphone industry by launching both 5G-enabled and foldable phones, Huawei has entered the segment, too. The Chinese manufacturer has combined the features into one device, unveiling its first 5G and foldable phone, the Mate X, at the Mobile World Congress 2019 in Barcelona.
The National l Feb 25, 2019

World's highest lounge opens at top of Dubai's Burj Khalifa

Emaar has opened doors for the public to the highest point in Burj Khalifa at levels 152, 153 and 154, towering at an imposing height of 575 meters, with the unveiling of The Lounge, Burj Khalifa. Billed as the world's highest restaurant, The Lounge, Burj Khalifa spans the three floors and also features an outdoor terrace.
Arabian Business l Feb 13, 2019

Emaar Malls fourth-quarter net profit grows 2% as it expands outlets and retail offerings

Emaar Malls, a unit of Dubai’s biggest listed developer Emaar Properties, posted a 2 per cent increase in fourth-quarter net income as it continued to expand its malls and retail offerings.Net profit in the three months ending December 31 reached Dh591 million, the company said on Wednesday. Revenue during the period grew 8 per cent year-on-year to Dh1.21 billion.
The National l Feb 13, 2019

Why pop-up events might be favoured over retail outlets

Social media platforms like Instagram, have played an important role in helping budding businesses and entrepreneurs develop and shape their marketing strategies as they leverage such platforms to reach their target audience. The cascading feed of retail events and pop-up stores on Instagram has been valuable to entrepreneurs in the UAE and wider Gulf.  
The National l Feb 10, 2019

India-based Zomato said to plan exit from UAE business

India-based foodtech major Zomato is reportedly in talks with German-based Delivery Hero to to sell its UAE-based business. UAE was the first market outside India that Zomato launched its food delivery business. The UAE accounts for about 20 percent of Zomato’s overall food delivery business.
Arabian Business l Feb 6, 2019

Lulu to invest Dh2b in Egypt's retail industry

Egypt is the new 'destination for investments' and gateway to African continent, a top trade official said as the UAE-based Lulu Group is set to pump Dh2 billion in the retail sector.
Khaleej Times l Feb 6, 2019

Mall of the Emirates rolls out WeChat Pay targeting Chinese customers

The mall is the first in the UAE to offer this payment option. Retailers at Mall of the Emirates will accept purchases via WeChat Pay in a bid to attract more shoppers from China to spend at the Dubai shopping and leisure centre.
The National l Feb 6, 2019

Carrefour's new school will train 2,500 managers for the digital age of retail

Retail Business School is designed to boost customer experiences and lower prices. Step into Majid Al Futtaim’s new Retail Business School and Fiona – a virtual assistant - welcomes you to the campus that aims to train nearly a quarter of Carrefour's staff in the UAE for the new digital age.
The National l Feb 5, 2019

David Macadam as Keynote Speaker at Landmark Africa's Staff Conference l  Feb 7, 2019

MECSC Board of Directors Meeting l  Feb 12, 2019

MECSC Staff Completed Digital Marketing Training l 
Feb 13, 2019

Welcome to our March 2019 Newsletter

• Early Bird Discount Ending Soon for the MECSC Learning and Development School 2019 (JTR Program).  Register and save up to USD 600 off the fee when you enroll with your colleagues until April 7, 2019 only.
• The MECSC Directory 2019: We are proud to present the new Front Cover for the 2019 edition – “Khalifa City Mall” in Abu Dhabi, UAE. The publication will be coming out soon this April 2019.
• Save the Date:  Baku Azerbaijan Spring Board Networking Event. MECSC will be hosting its first networking event in Baku on May 16, 2019. Stay tuned for more updates.
• Deerfields mall and  Souq Extra joined us this month as our newest  Bronze Corporate Members. As our membership grows, MECSC will be able to bring to the region appropriate specialized conference, networking and publications.  Become part of the MECSC now!
• M ECSC MENA Shopping Centre and Retail Awards 2019 . This year’s Awards categories have been reviewed to ensure that we recognize and reward the areas that matter most to retailers and shopping centres in today’s market. Watch out for the  NEW and exciting Awards categories this 2019. The online platform to submit your award entries will be available in the 3 ^rd week of April 2019. Download and Review the awards guidelines here.
  
• New membership offers:  20% discount at Hilton Hotels, 15% discount at Rove Hotels, Corporate Rates at Shangri-La Dubai and Kempinski Hotel MOE exclusively available for MECSC Members.Contact MECSC for more details.

WHAT'S NEW IN RETAIL

THE MECSC DIRECTORY

ANNOUNCING THE NEW FRONT COVER FOR THE MECSC DIRECTORY 2019: "Khalifa City Mall" in Abu Dhabi, United Arab Emirates.

The publication will be coming out soon this April 2019. To reserve a copy, please call MECSC at +971 4 359 7909  or email publishing@mecsc.org.

MECSC MEMBERS' PRESS RELEASES

MECSC LEARNING AND DEVELOPMENT SCHOOL
For Retail Real Estate Professionals Level 1, 2 & 3
17-20 June 2019 at the Kempinski Hotel, MOE, Dubai, UAE
Early Bird Discount Ending Soon! Enroll now!

May 16, 2019 l Baku, Azerbaijan

Time flies so fast and we are now approaching the 2 ^nd quarter of this year. For those of you who haven’t read the 1 ^st issue of our magazine, here is the link to read the online version .

In this issue, City Centre Mirdif relaunched their popular, dynamic attraction “ Outdoors” a family concept that celebrates the splendor of the season. ShopperTrak encourages the retailers and mall owners to Dream Big in 2019 to meet the demands of a new generation of digitally-engaged shoppers. Theleisureway also share their expertise in creating a unique place where people can have fun and provide them with emotional value that facilitates social and commercial exchange equally.

Once again, we would like to thank Mr. Fouad Al Rashed, CEO of Asala Holding, as our Front Cover for this issue and all our advertisers. Watch out for the next issue which will be published in May!

Grab your own copy at the MECSC Office or email customercare@mecsc.org for more details.

October 27-29, 2019 l Dubai, UAE

The Agenda Podcast Dubaieye 103.8

Are you loyal to a certain brand or product? Georgia talks brand loyalty with David Macadam, CEO of MECSC:  Listen here

Radio Presenter Richard Dean Launches Crowdpleaser - A Ground Breaking New Book on Public Speaking - at the Emirates Airline Festival of Literature

CROWDPLEASER brings together, for the first time, 100 classic tips, tricks and hacks on the art and science of public speaking.  Read more

Retail Transformation in the Middle East

Rapid Technology Advancements, shift in consumer shopping behaviour and increased online and offline competition are dictating Middle East Retail Priorities  Read More

The Report: Dubai 2019

A report on Dubai's 2019 economy by the Oxford Business Group:  Download Full Report

The Report: Abu Dhabi 2019
A report on Abu Dhabi's 2019 economy by the Oxford Business Group:  Download Full Report

Deloitte GCC Powers of Construction 2018 Report 
Has the industry turned the corner?  Download Full Report

Ten Trends for the Fashion Industry to Watch in 2019 
What issues matter for brands and retailers most in the coming months?  View Full Article

RETAIL TRENDS

Global Village becomes world’s first entertainment destination with British Safety Council’s five-star grading

Dubai Mall to launch the UAE’s first in-mall childcare service

The Dubai Mall has announced plans to introduce the first in-mall childcare service in the UAE. Launched in partnership with Malaak Mama & Baby Care, a maternity and childcare organisation, the exclusive service will add to The Dubai Mall’s growing portfolio of services being made available for the convenience of guests.  Mar 20 l Arabian Business

Alandalus Property gross profit increases 17% for 2018

ALANDALUS Property, a Saudi Arabian real estate company involved in the investment, development and operation of income-generating commercial properties across the Kingdom, Wednesday announced its financial results for the fiscal year ended Dec. 31, 2018. Mar 20 l Saudi Gazette

Majid Al Futtaim Opens its Second VOX Cinemas Multiplex in Riyadh in Al Qasr Mall

Majid Al Futtaim Cinemas, the dedicated cinema arm of Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia today celebrated the launch of its second VOX Cinemas location in Riyadh, with the opening of its multiplex in Al Qasr Mall. Mar 7 l Eye of Dubai

Welcome to are newest Bronze Corporate Members: Deerfields Mall and Souq Extra

Expect to hear more of our Corporate Members in the MECSC Directory, Retail People Magazine, Website, Social Media accounts and Newsletter

October 29, 2019
Dubai, UAE

Download Competition Rules

For inquiries and entry submissions please call Lea at +971 50 708 9235 or email lea@mecsc.org

JLL - Riyadh Real Estate Market Overview - Q1 2019 – English l Arabic

Saudi Arabia’s National Industrial Program, Quality of Life Program 2020 and increased market transparency are set to boost Riyadh’s real estate market in the long term. 

JLL - Jeddah Real Estate Market Overview - Q1 2019 –  English  l  Arabic

With the Saudi Government's ongoing commitment to boosting home ownership amongst local residents, demand for Jeddah's residential sector is expected to gain momentum.

JLL - Cairo real estate market overview - Q1 2019

Performance remained strong across all sectors of the Cairo real estate market in Q1 2019.  Download Full Report

JLL - Abu Dhabi Real Estate Market Overview - Q1 2019

The performance of Abu Dhabi’s real estate market remained subdued in Q1 2019.  Download Full Report

JLL - Dubai Real Estate Market Overview- Q1 2019

As Dubai gears up for Expo 2020, Q1 2019 saw multiple projects being re-commenced in the commercial sector and the highest number of deliveries in a single quarter for a number of years in the residential sector.  Download Full Report

RETAIL TRENDS

  Saudi Arabia to get new entertainment destinations from PIF-backed unit

Saudi Entertainment Ventures (Seven), a subsidiary of the kingdom’s Public Investment Fund, rolled out plans for its largest project to date – a one million square-metre theme park – and a string of other leisure schemes, in the Eastern Province.  l The National

  Emaar and P&O Marinas start Dh25bn Dubai coastal project

Dubai's largest listed developer Emaar Properties and DP World’s P&O Marinas are starting a Dh25 billion coastal project that will transform the emirate’s historic port area.  l The National

  World's biggest Lincoln car showroom opens in Dubai

Buying a new car is a daunting process, not only because it will put you in debt for four to five years, but because the stereotype of overzealous salesmen bearing down on vulnerable customers continues to endure.  l The National

  The world’s first MasterChef-themed restaurant is soon to open

Lead by head chef Margarita Vaamonde-Beggs, the menu will feature 36 dishes curated from a selection of more than 120 recipes created by champions and finalists from the MasterChef TV show.  l What's On

US footwear brand opens largest international store in Dubai

US footwear brand Steve Madden has relocated its Dubai Mall store, making it the company's largest outside of its home market. l Arabian Business

Dubai's Majid Al Futtaim opens first shopping mall in Abu Dhabi

My City Centre Masdar, a AED300 million ($81 million) community project and Majid Al Futtaim’s first shopping mall in Abu Dhabi, has opened.  l Arabian Business

Abu Dhabi's Galleria seeks super-mall status by adding 300 shops

The Galleria, Al Maryah Island, which opened in Abu Dhabi, six years ago, will open an extension in September, adding more than 300 retail brands. l Arabian Business

Abu Dhabi developer Imkan plots expansion in Egypt

Real estate developer Imkan, a subsidiary of private equity investor Abu Dhabi Capital Group, plans to expand its offering in Egypt, with discussions ongoing with the Egyptian government to acquire a parcel of land for future development, its chief executive said. l The National

Saudi Arabian retailer Fawaz Alhokair seeks 3.1bn riyals in IPO

Saudi retailer Fawaz Alhokair Group is seeking to raise as much as 3.1 billion Saudi riyals (Dh3.07bn) from selling shares in its malls unit, the company said on Sunday. l The National

Dubai's Souq relaunches under Amazon brand

Souq.com, the Middle East’s largest online shopping website, has relaunched to become part of the Amazon e-commerce portal in all countries in the region except Saudi Arabia and Egypt. l Arabian Business

GCC retail sector to grow 22% despite headwinds to $308bn by 2023

Despite macro-economic headwinds and a slowing global economy, the GCC's retail sector is forecast to grow by about 22 per cent to $308 billion in 2023 from last year with the UAE and Saudi Arabia accounting for the bulk of sales over the next five years. l The National

Welcome to are newest Bronze Corporate Members: G olden Business Magazine,  Ithra Dubai, Creations Global Retail, Retail Consulting Group

Expect to hear more of our Corporate Members in the MECSC Directory, Retail People Magazine, Website, Social Media accounts and Newsletter

October 27-29, 2019
Dubai, UAE

For inquiries and registration please call Lea at +971 50 708 9235 or email lea@mecsc.org

When Shopping Centers Become Vertical Villages  [READ REPORT]

Who wants to live at the Mall? A Valuegraphics Industry Profile

Saudi Arabia’s Primary Consumer Sentiment Index - April 2019  [READ REPORT]

Saudi Arabia’s Consumer Sentiment: Views Towards State of The Kingdom At Most Positive Levels Since May 2015.

Consumer and retail M&A trends 2019  [READ REPORT]

The race for game-changing transformation and strategic growth.

GCC consumers becoming more price-conscious  [READ ARTICLE]

McKinsey survey reveals five behavior shifts.

UAE is the biggest player in the Arab e-commerce market:  [READ REPORT]

Admitad presents annual report 2018/2019

MEMBERS' PRESS RELEASES

Ghesa's Iconic Multimedia Fountain

The new multimedia fountain in Bangkok’s Chao Phraya Riverside is turning heads and making the headlines in national and international media. This iconic feature is the longest multimedia fountain in South-East Asia and the mall housing it is the fourth largest in the world. This milestone is the result of the synergy between GHESA and a native Thai corporate leader - Iconsiam Company Private Limited
l Read More

Saudi based Al Hokair Group launches"Sparky's VR Zone" at Sparky's FEC in Mushrif Mall, Abu Dhabi

Dubai – Al Hokair Group in partnership with Immotion Group plc will be launching state-of-the-art technology based Virtual Reality Zone at Sparky’s family entertainment centre in Mushrif Mall Abu Dhabi on the first day of Eid Al Fitr.  l Read More

First store opens at Dubai’s new nature-inspired shopping mall

We love a shopping spree and what better way to go all supermarket sweep than while being at one with nature? The first store at Dubai’s brand new nature-inspired shopping mall is now open, and it’s none other than our beloved Carrefour. The hypermarket is now open for business at Cityland Mall, and you’ll be able to pick up all your fruits and veggies, meat and fish and any number of household goods in the 109,000 sq ft store.  l Read More

Cinepolis Opens in Oman

MUSCAT - Cinépolis opened a new movie theatre in Sohar last week. The cinema chain plans to open two more cinemas in Oman this year as part of its long-term plans to further expand across the region.  l Muscat Daily

Gain the Power of Omnichannel Agility and Innovation with Openbravo!

Come and Visit Openbravo's new Website for Retailers and Restaurateurs. We help retailers and restaurateurs deliver more innovative and personalized customer experiences across channels through cost-effective retail operations.  l Visit Website

DUBAI SHOPPING MALLS GROUP ANNOUNCES AED 250,000 EIDIYAT CASH PROMOTION

Dubai; 23 May 2019: Dubai Shopping Malls Group (DSMG) with Dubai Festivals and Retail Establishment (DFRE), commences their first mega raffle promotion of the season ‘Fun Game of Numbers’. Shoppers stand a chance to enter the draw and win upon spending AED 200 at any of the 10 participating malls from May 23 until the second day of EID-Ul-FITR (based on moon sighting in the region).  l Read More

AATAPI Wonderland Goes Cashless With Semnox Parafait

In keeping with its reputation of successful implementation of unique large scale park projects, Semnox has recently completed automation of Arved Ajwa Theme and Amusement Park India (AATAPI).  l Read More

RETAIL TRENDS

Jubail Island appoints contractor for Dh5bn Abu Dhabi project

Jubail Island Investment Company, the firm set up this year to build a Dh5 billion mixed-use mega-project on an undeveloped island in Abu Dhabi, has appointed Gulf Contractors Company to prepare the island for construction.  l The National

Red Sea Mall of Jeddah expansion project completed

Jeddah: The Red Sea Mall of Jeddah, owned by Red Sea Markets Company Ltd., has announced the completion of the expansion project, which began in 2014, including the smart parking building as phase one, and the expansion of gates 1, 2 and 3 as phase two and the third and last expansion project is the Plaza containing the cinema halls, which was inaugurated recently during a celebration ceremony, attended by representatives from Red Sea Markets Co., the owning company, Intimaa Company, the operating arm, VOX and Majid Al Futtaim Company as well as local business men and media representatives.  l Zawya

Saudi property firm Raza eyes IPO or stake sale as part of growth strategy

Raza, the real estate management and development arm of Saudi Arabia’s Public Pension Agency, may seek to go public or pursue a private stake sale as part of plans to become an independent entity in the medium term - subject to achieving minimum 5 per cent annual revenue growth in the years to 2024, its chief executive said.  l The National

Enoc plans Dh2.2 billion network expansion in UAE and Saudi Arabia

Dubai's Emirates National Oil Company (Enoc) plans to invest Dh2.2 billion to expand its retail network in the UAE and Saudi Arabia to meet rising demand and cater to Expo 2020 visitors.  l The National

Featured Member of the Month - Shahrokh Keshavarz - Golden Business Magazine
[KNOW MORE]

Expect to hear more of our Members in the MECSC Directory, Retail People Magazine, Website, Social Media accounts and Newsletter

October 27-29, 2019
Dubai, UAE

For inquiries and registration please call Lea at +971 50 708 9235 or email lea@mecsc.org

Welcome to our MECS+R June 2019 Newsletter

• A Big Thank You to All Who Participated In Making the 2019 MECS+R L&D School for Retail Real Estate Professionals A Success. Congratulations to our 110 students who took the time off from work and be part of the program and thank you to all who came to join in the Spring Board Networking Event hosted during the evening with over 250 attendees, the event was a remarkable success as well. [VIEW PHOTOS] [WATCH VIDEO]

• LISTEN to Our Newest Podcast Episode: What can Neuroscience teach us about customer behavior and how it is going to change the way you understand your customer? A one on one interview with Prof. Diana Derval, PhD, Chair and Research Director of Derval Research sharing her latest discoveries on neuroscience on how to help improve customer experience. [APPLE] [ANDROID]
  

• Featured Member of the Month. Georgy John, Executive Vice President of Gastronomica - leading restaurant operator dedicated to the development of upscale dining concepts. Know more about GJ. [READ ARTICLE] 

• A huge thank you to our 2019 Retail Congress MENA sponsors: PLATINUM: CELS Events, Afkar Lighting GOLD: Dalma Mall, Mall of Dilmunia, Salhia, Backlite, Tamdeen Group SILVER: UAPM, Yardi, Kinan, Retail Emotions BRONZE: JLL, Blachere Illumination [VISIT RETAIL CONGRESS WEBSITE] 

• The latest issue of the Retail People Magazine themed “The Future of Entertainment” is now available! Featuring the enigmatic Shaikh Mohammed bin Duaij Al Khalifa, CEO – Mall of Dilmunia, Bahrain showcasing the upcoming Mall of Dilmunia which offers new entertainment concepts that will bring families together. With each issue of the magazine, you will stay connected and discover what’s new in the retail industry. [READ MAGAZINE] 
  

RETAIL LAUNCHING / OPENINGS

RETAIL CONGRESS MENA 2019
27-29 October 2019 at the Ritz Carlton Hotel, DIFC, Dubai, UAE
BOOK NOW!

Sponsorship Opportunities & Exhibition Booths

A huge thank you to our 2019 Retail Congress MENA sponsors: PLATINUM: CELS Events, Afkar Lighting GOLD: Dalma Mall, Mall of Dilmunia, Salhia, Backlite, Tamdeen Group SILVER: UAPM, Yardi, Kinan, Retail Emotions BRONZE: JLL, Blachere Illumination 

Exhibition booth spaces are running out, 5 spaces are available (locations: 2, 4, 26, 52, 53) and 13 spaces are already reserved. To become a sponsor or exhibitor please contact Lea at lea@mecsc.org or call +971 50 708 7235.



Dealmaking Session

Dealmaking tables (non-exclusive) located at the ground floor are now sold out and only 2 VIP (exclusive) rooms located at the mezzanine floor are available. For any inquiries and to book your meetings please contact Justin at dealmaking@mecsc.org or call +971 54 320 8359.

Shopping Centre & Retail Awards 2019

The submission deadline for the upcoming 2019 awards is on August 27, 2019. MECS+R newest global awards program recognizes excellence within the region's shopping centre industry. Awards will be given for outstanding achievement in retail, marketing, design/development of retail properties retail store design and service provider companies.

NEW AWARDS CATEGORIES THIS YEAR

 Retail Excellence

• Theme Park
• Cinema
• Family Entertainment Centres
• Waterparks

Service Excellence

• Property Management Software
• Data Analytics
• Technology Innovation
• Decor & Design Installation
• Merchandising Display
• Retail Consultancy Service

To learn more about the 2019 MECS+R Awards or submit your entries, click HERE

SHOPPING CENTRE MILESTONES: NEW / UPCOMING / EXPANSION PROJECTS

VOICE ON DEMAND PODCAST BY MECS+R
Sponsorship is now available!

Want to be a sponsor on one of the Voice on Demand Podcast shows?

VOD offers you the opportunity to get into an audience that's interested in your products or services. Here's an overview of the podcast sponsorship package:

• Company logo and description on podcast's email blasts
• Company logo and description on the MECSC's Podcast web-page
• Promotional contents to be mentioned during the episodes
• Company logo on all marketing collaterals for the Voice on Demand Podcast.

To become a sponsor or if you want to be featured on our show please contact Justin (publishing@mecsc.org) or Ian (connect@mecsc.org). Alternatively, call the MECS+R office at +971 4 359 7909.

Thank you to all the great positive feedback we have received from our readers and followers since we published our 2nd Quarter issue of the RPM. Now on our 3rd month, we are encouraging you all to read and have a look in the article about 'The Evolution of the Mall - IMAGINE DUBAI' by Vanessa Hinton of Dubai Festival City Mall and let Imagine from DFC Mall entertain you through their water and fire show. If you want to know the secret behind an award winning shopping centre for retail innovation and expansion, you may check the article about 'The importance of connection and the role of context within Retail Centers by Mike Ellis of 5+design.

To learn more about the RPM advertising opportunities or to write an article, please visit our website or contact Mariz Matocdo at +971 55 551 7605 or email customercare@mecsc.org

JEDDAH [DOWNLOAD REPORT]
RIYADH [DOWNLOAD REPORT]

An insightful overview about the real estate status in the city

MEMBERS' PRESS RELEASES

Al Othaim Group opens Xtreme Zone in Abu Dhabi Mall

Abu Dhabi : Abdullah Al Othaim Investment Company has inaugurated Xtreme Zone, in Abu Dhabi mall. Xtreme Zone is considered the latest project of Al Othaim Leisure and Tourism company in the UAE. l Read More

Techedge and Openbravo sign a strategic collaboration agreement for the retail sector

Madrid and Barcelona, 28 June.- Techedge (BIT: EDGE), a global leader and provider in Consulting, Solution Development and Digital Transformation, and Openbravo, a global cloud-based omnichannel software solution vendor for agile and innovative retailing, have announced today the signing of a global and strategic collaboration agreement whereby they will offer retailers a joint offering of omnichannel, mobile and cloud services and solutions. l Read More

THE GALLERIA AL MARYAH ISLAND WELCOMES AZADEA GROUP TO ITS EXPANSION IN SEPTEMBER

The mall will be the city’s first super-regional destination with a complete lifestyle offering for all ages. Incorporating luxury and high-street retailers, fine and casual dining, world-class entertainment, and indoor and outdoor recreational spaces, it will become the community’s downtime destination of choice. l Read More

Dalma Mall brings the first exclusive outlets of HOB and Third Avenue Café

Offering the first of its kind gourmet experience, Third Avenue Café presents a delectable menu that is inspired by the timeless sands of Arabia, the pure diversity of Europe and the scenic beauty of Asia. Third Avenue is all about infusing style, fashion and modernity in its cuisine.  With over 60 delicious selections, Residents and visitors to Dalma Mall can enjoy a lavish breakfast, lunch, or dinner or stop just a quick coffee while browsing the latest in fashion or beauty. l Read More

AATAPI Wonderland Goes Cashless With Semnox Parafait

AATAPI has chosen the end-to-end ticketing and cashless automation solutions offered by Semnox. Visitors get access to the park through automated access gates. Tickets with barcodes are used for this purpose as also for accessing individual rides, depending on the package chosen by the guests. Tripod turnstiles have been set up at every ride to enable quick and easy access without having to wait in queues for a long. l Read More

RETAIL TRENDS

360 MALL launches region's first-of-a-kind AI Chatbot 

Kuwait: Kuwait’s 360 MALL has become the region’s first shopping and leisure destination to launch an AI-driven, bilingual chatbot - ‘Nouf’ – available on customers’ most used and favourite platforms, which makes it easier than ever for customers to engage with the iconic retail and entertainment centre. l Zawya

Aldar finalises major 23 store lease agreement with Apparel Group

Abu Dhabi, UAE: Aldar Properties PJSC (“Aldar”) retail portfolio, has finalised a major agreement with the global fashion and lifestyle retail conglomerate, Apparel Group, for 23 stores across three of its popular retail malls, Yas Mall and The Mall at World Trade Centre (The Mall at WTCAD), in Abu Dhabi, and Al Jimi Mall in Al Ain. l Zawya

China Mall records over one million shoppers in the first quarter of 2019

Affordable prices, choice of products and a convenient shopping experience all contributed to make the China Mall, which was established in 2010, a popular choice for discerning shoppers from near and far, despite the restrained national and global economic landscape. l Zawya

Saudi Arabia's Golden Scent launches new AR feature for beauty lovers

Golden Scent, the leading Saudi Arabian e-commerce beauty platform, is the first in the Middle East to launch a one of a kind “Augmented Reality” feature on its Android and iPhone app. Branded as Virtual Try-On, the feature enables shoppers to try on makeup without the physical need to visit a retail store. l Zawya

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Featured Member of the Month - Georgy John - Gastronomica
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