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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
www.mecsc.org
MONTHLY NEWSLETTER Upcoming Events APRIL 2009


SPONSORED BANNER
HEADERS Editorial
COLLIERS INTERNATIONAL GCC REAL ESTATE OVERVIEW
Deconstructing the GCC Real Estate Markets.More

PROMINENT SHOPPING CENTRE INDUSTRY EXPERTS TO PROVIDE RETAIL REAL ESTATE INDUSTRY PROFESSIONALS WITH POWERFUL TOOLS AT MUCH SOUGHT-AFTER INTENSIVE TRAINING PROGRAM
Due to its continuing success in the region, the ICSC/MECSC International School for Professional Development returns to Dubai from June 7-11, 2009 at Kempinski Hotel Mall of the Emirates.More

RETAILER WOES
Managing Malls in a Recession- Creative Solutions in Challenging TimesMore

THE TIME IS RIGHT.
Franchise opportunities reach out to shopping centre marketing.More

NEWS BYTES News Bytes
EVENT NEWS:: MECSC announces upcoming professional development opportunities in Dubai and Cairo!
Understanding Finance for Non-Finance Professionals, May 20-21, 2009, Dubai, UAE.
Retail Real Estate Management - Executive Series Seminars, May 27 – 28, 2009, Cairo, Egypt
EVENT NEWS: India Shopping Centre and Retail Forum
29-30 May, 2009, Mumbai, India
SHOPPING CENTRE NEWS: Landmark Group Opens Iconic Oasis Centre: Landmark Group, a leading retailer and one of Middle East’s fastest growing business conglomerates, today announced the opening of the new Oasis Centre. The new Oasis Centre is located between the second and third interchange on the arterial Sheikh Zayed road, offers the convenience of a neighborhood shopping centre, with the variety that comes with big malls.
SHOPPING CENTRE NEWS: New Mirdif mall 90% leased out, opens in 2010: Majid Al Futtaim Group has announced that 90 percent of its upcoming flagship project Mirdif City Centre has now been leased out to retailers and it aims to be full when it opens next year.
SHOPPING CENTRE NEWS: Lagoon Leasing and Jawad Business Group announce agreement: The agreement for the The Lagoon, Amwaj Islands includes the opening of 5 outlets and 1 supermarket and is planned to open in the 2rd quarter of 2009.
SHOPPING CENTRE NEWS: BurJuman extends retail offer with new mall expansion: BurJuman has recently completed the construction of an Dhs18m 34,000 square foot of retail and restaurant space, which includes a redesigned exterior façade and direct main entrance from Khalid Bin Al Walid Street (Bank Street).
SHOPPING CENTRE NEWS: Huge Wahooo! Waterpark to Open summer 2009: From the team that brought the wonder of snow to Dubai, comes their latest enterprise, Wahooo!, a waterpark adventure in Bahrain.
SHOPPING CENTRE NEWS: Sorouh launches 'Khidmah' Services Management Company: Joint venture with Capital Investment LLC to create Abu Dhabi's first full service offer.
RETAIL NEWS: Retailers buoyant about Dubai: As the global econ-omic downturn caps consumer spending from the US to India, Dubai is also reeling under its effects.
RETAIL NEWS: Alpen Capital GCC Retail Industry Report out now!: This report caters to investors looking for opportunities in the GCC retail sector. The focus of the report is on GCC retail players and factors that drive revenue and earnings for the industry, as well as opportunities and challenges. The report also covers valuations, stock liquidity and transparency for the major listed GCC retail players.
RETAIL NEWS: Al Tayer Group Delivers Living Luxury through its 360 MALL Debut: 360 MALL, Kuwait’s latest innovative shopping center, will be known for its comprehensive range of tenant mix and world-class shopping experience. Its renowned collection of high-end stores and restaurants includes an impressive list of world famous brands that appeal to all age groups. For the first time in Kuwait, Al Tayer Group will showcase its wide range of global luxurious brands that position it as the region’s preeminent and distinguished retailer.
RETAIL NEWS: Al Madani Group Opens Four New Outlets at Arabian Centre: Al Madani Group, or AMG, recently added to its over 60 outlets across the UAE with the opening of four new ones at the Arabian Centre Mall in Mirdiff.
RETAIL NEWS: RETAIL REVOLUTION: 21 tactics for specialty retailers
RETAIL NEWS: US pizza company eyes major UAE expansion: A US-based pizza retailers is planning to more than double its number of stores in the UAE under a new deal signed with local partner Ghassan Wehbe.
RETAIL NEWS: Iconic Brand Villa Moda Further Expands its Presence in Kuwait through 360 MALL: Tamdeen Shopping Centers’ latest innovative development project, 360 MALL is set to position itself as the premier shopping and leisure destination in Kuwait and throughout the region.
RETAIL NEWS: Alshaya opens first stand-alone Kiehl's store in the region: In November, 2008, Alshaya launched Kiehl's, New York's famed apothecary with a legacy of over 157 years in pharmaceutical and cosmetics retailing. The 88-square-meter Kiehl's store at The Avenues in Kuwait offers an extensive range of over 200 skin, hair and body care products for men, women and children.
RETAIL NEWS: Kuwait gets a new fashion destination for men and women: Express is one of the most widely recognised brands in the United States and the most innovative, fashion forward retailer in the industry.
RETAIL NEWS: Pursuing a master’s in luxury at Zayed University: Zayed University may be the future home to the region’s first master’s programme in luxury retail.
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
CANADA
Chris LeTourneur, President & CEO, MXD Development Strategists Ltd.
Joel Teitelbaum, President, La Senza International
Kieron Hunt, Vice President, MXD Development Strategists Ltd.
LEBANON
Serge Mansour, Chief Operations Officer, ABC SAL
Sleiman Mallat, Mall Manager, ABC SAL
SAUDI ARABIA
Fahad Al Razgan, Facility Management Coordinator, Dar Al Arkan Real Estate Development Co.
Niyas Abdul Salam, Secretary, Dar Al Arkan Real Estate Development Co.
Sultan Rashd Al Ghomaijan, Property Leasing Section Head, Dar Al Arkan Real Estate Development Co.
UNITED ARAB EMIRATES
Ahmed AlQaseer, Director of Business Development, Al Qasba Development Authority
Corina Tickelpenny
Craig Hart, Vice President, Majid Al Futtaim Leisure
Mohammed Shegefti, Business Development Manager, Sheen International Co. Ltd.
Rami Darghouth, Chief Engineer, Mubarak & Brothers Investment
Warren Krawchuk, Retail Leasing Manager, Mubarak & Brothers Investment
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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