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Middle East Council of Shopping Centres

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Middle East Council of Shopping Centres
PO Box 43972, Dubai, United Arab Emirates; Ph: +971.4.3597909,  Fax: +971.4.3558818
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MONTHLY NEWSLETTER Upcoming Events MARCH 2009


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HEADERS Editorial
CHANGING DYNAMICS IN THE RETAIL REAL ESTATE INDUSTRY CALLS FOR IMMEDIATE NEED TO REVISE LEASING STRATEGIES
Workshop organized by MECSC focusing on ‘Managing Leasing in a Tough Economic Environment’ to be held from April 8-9, 2009 at Burjuman Rotana Suites, Dubai, UAE.More

COST CUTTING WITHOUT AFFECTING THE BRAND
MECSC announces 2 day workshop for the Retail Real Estate Industry focusing on how to minimize operational costs without affecting the shopping experience which will be held from April 5-6, 2009 at Burjuman Rotana Suites, Dubai, UAE.More

DELOITTE'S 12TH ANNUAL GLOBAL POWERS OF RETAILING REPORT OUT NOW!
Deloitte Touche Tohmatsu (“Deloitte”), in conjunction with STORES Magazine, is pleased to present the 12th annual Global Powers of Retailing. The report identifies the 250 largest retailers around the world based on publicly available data for the companies’ fiscal year 2007 (encompasses fiscal years ended through June 2008). It also provides an outlook for the global economy; an analysis of market capitalization in the retail industry; and a discussion of 10 major trends affecting retailers.More

NEWS BYTES News Bytes
SHOPPING CENTRE NEWS: 25 new retailers invest in new stores at Festival Centre: Twenty-five new retailers recently opened their doors for business at Festival Centre. Ranging from fashion, restaurants and jewellery, the new stores add more variety and excitement to Dubai’s leading family retail destination and the heart of Dubai Festival City.
SHOPPING CENTRE NEWS: Lals Group launches Arabian Center Mall in Mirdiff, Dubai, UAE: Lals Group, a leading business conglomerate behind well known brands in the Middle East, has launched Arabian Center Mall in Mirdiff on Al Khawaneej Road; the Group’s second major venture in the Mall segment after Lamcy Plaza.
SHOPPING CENTRE NEWS: 360 MALL Establishes a New Wave of Entertainment: Largest family entertainment center in Kuwait debuts in 360 MALL
SHOPPING CENTRE NEWS: Baniyas Investment signs up Wanasa, Grand Cinemas for community mall: Baniyas Investment and Development Company (BID) - the investment arm of Bani Yas Sports Club - has signed up two dynamic entertainment entities - Wanasa Family Entertainment Center and Grand Cinemas for its community mall at Bawabat Al Sharq in Baniyas, Abu Dhabi.
SHOPPING CENTRE NEWS: Ibn Battuta Mall expands - Four new big name stores open for business: Nakheel Retail, the owners of Ibn Battuta Mall and Dragon Mart, announced the opening of four new household name stores at Ibn Battuta Mall. New Look, @Home, Shoemart and Borders are all now open for business.
SHOPPING CENTRE NEWS: Cubellis and Nakheel, a radical rethinking of retail for project success in Dubai: Cubellis, an international architecture, interior design and engineering firm, and its Dubai-based office, Cubellis Costa International (CCI), are pleased to report that the partnership with Nakheel Shopping Malls (NSM), a division of Nakheel based in Dubai, UAE, continues to produce ambitious mixed-use development plans that will remake the image of retail in the Emirate.
RETAIL NEWS: Deloitte Report Revisiting Retail Globalization: When and how will Retailing become truly global?
RETAIL NEWS: Gulf retailer reveals plan for 200 stores: A major Gulf-based retailer revealed on Wednesday that it would be opening 200 new stores as part of expansion plans across 16 countries, despite the global economic impact.
RETAIL NEWS: Azadea Group opens four outlets at Dubai's Festival Centre: Azadea Group, one of the world’s fastest growing retail groups will extend its store network by opening four full-fledged concept outlets next month at Festival Centre, Dubai Festival City.
RETAIL NEWS: Freedom Furniture Expands its Middle East Presence at 360 MALL: One of Australasia’s leading furniture and homeware retailers, Freedom, will open its 2nd store in the Middle East when it opens its doors at 360 MALL. Known for its cutting edge mix of funky interior design and practical home products, Freedom is set to be a major draw card for shoppers looking for trendy, yet affordable furniture and homeware product.
RETAIL NEWS: Uno Chicago Grill opens Kuwait restaurant: On the heels of a recent opening at the Mall of Dubai, the world's largest mall, Uno Chicago Grill continues its expansion into the Middle East with the opening of its first unit in Kuwait.
RETAIL NEWS: Habitat moves into Dubai followed by Abu Dhabi: UK home furnishing retailer Habitat will open stores in the UAE and Russia with new international partners in 2009.
STORE NEWS:: A chunky version of the latest store openings, launches and news.
MEMBERS ON THE MOVE: Keep track of the lastest changes in the industry!
NEW MEMBERS New Members
EGYPT
Carlos Pena, Development Director, Palm Hills Developments
Islam El Desouky, Leasing Manager, Magrabi Retail
Yasser Assem, Partner-In-Charge, Look Pavillion International
KUWAIT
Adam Pemberton, Leasing Director, Mabanee
PORTUGAL
Adriano Calle Lucas, President, CPU Retail Architects,LDA.
QATAR
Ash Gohany, Leasing Manager, City Center Doha
UNITED ARAB EMIRATES
Grant Withers, Director, The Buchan Group Dubai
Ramy Eissawy Abouraia, General Manager, The Body Shop LLC
Robyn Murdoch, Retail Leasing Consultant, Colliers International
UNITED STATES
Shannon Juett, Vice President/Sales Director, Stak Design
Timothy Seaman, Owner/Architect, Architectural Group International
DISCLAIMER: The views expressed in this document are those of the contributor(s) and no liability can be accepted for any omissions, errors of fact or opinion.

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