Wednesday 01, August 2018 by Bloomberg

Dubai malls operator revenue climbs as expansion offsets VAT


Majid Al Futtaim Holding LLC, the Dubai-based conglomerate which operates Carrefour SA stores in the Middle East, posted a 13 per cent increase in revenue during the first half, as the company’s regional expansion helped weather the impact of VAT at home.

Features & Analyses

Economics Adapting to a new era

  Abdullah Al-Fozan, Chairman of KPMG MESA and KPMG Saudi Arabia, provides an exclusive commentary on the Kingdom’s business… read more