{"id":158026,"date":"2025-07-21T17:24:07","date_gmt":"2025-07-21T10:24:07","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/al-futtaim-to-acquire-49-95-stake-in-ksas-cenomi-retail\/"},"modified":"2025-07-21T18:28:41","modified_gmt":"2025-07-21T11:28:41","slug":"al-futtaim-to-acquire-49-95-stake-in-ksas-cenomi-retail","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/al-futtaim-to-acquire-49-95-stake-in-ksas-cenomi-retail\/","title":{"rendered":"Al-Futtaim to acquire 49.95% stake in KSA\u2019s Cenomi Retail"},"content":{"rendered":"


\nSubject to mandatory regulatory approvals, the deal is based on $11.73 share price, valuing the transaction at more than $670mn
\n
\nSource : arabianbusiness.com
\nRead more…Al-Futtaim to acquire 49.95% stake in KSA\u2019s Cenomi Retail<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Subject to mandatory regulatory approvals, the deal is based on $11.73 share price, valuing the...<\/p>\n","protected":false},"author":1,"featured_media":158027,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-158026","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property-news"],"jetpack_featured_media_url":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/07\/Cenomi-Retail-1000x667-1.jpg?fit=1000%2C667&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-F6O","jetpack-related-posts":[{"id":161021,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/saudi-retail-al-futtaim-acquires-49-95-stake-in-cenomi-for-672m\/","url_meta":{"origin":158026,"position":0},"title":"Saudi retail: Al Futtaim acquires 49.95% stake in Cenomi for $672m","date":"September 15, 2025","format":false,"excerpt":"\r Al Futtaim acquires a 49.95 per cent stake in Cenomi Retail for $672m, marking one of Saudi Arabia\u2019s largest foreign retail investments\r \r Source : arabianbusiness.com\r Read more...Saudi retail: Al Futtaim acquires 49.95% stake in Cenomi for 2m","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/09\/Saudi-Cenomi-Majid-Al-Futtaim-retail-1000x649-1.jpg?fit=1000%2C649&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":79062,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/majid-al-futtaim-ceo-plots-path-to-21st-century-retail\/","url_meta":{"origin":158026,"position":1},"title":"Majid Al Futtaim CEO plots path to 21st century retail","date":"February 6, 2018","format":false,"excerpt":"\r Majid Al Futtaim group CEO Alain Bejjani says data analytics will soon transform the shopping experience\r \r Source : arabianbusiness.com\r Read more...Majid Al Futtaim CEO plots path to 21st century retail","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":162213,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/saudi-arabias-diriyah-company-partners-with-majid-al-futtaim-for-600m-retail-expansion-and-new-vox-cinema\/","url_meta":{"origin":158026,"position":2},"title":"Saudi Arabia\u2019s Diriyah Company partners with Majid Al Futtaim for $600m retail expansion and new VOX Cinema","date":"October 6, 2025","format":false,"excerpt":"\r Saudi Arabia's Diriyah Company partners with Majid Al Futtaim in a $600m deal to open VOX Cinemas and flagship retail brands at Diriyah Square The post Saudi Arabia\u2019s Diriyah Company partners with Majid Al Futtaim for $600m retail expansion and new VOX Cinema appeared first on Arabian Business: Latest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/10\/diriyah-square-majid-al-futtaim-saudi-arabia-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":25487,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/majid-al-futtaim-expands-into-egyptian-mixed-use-projects\/","url_meta":{"origin":158026,"position":3},"title":"Majid Al Futtaim expands into Egyptian mixed-use projects","date":"September 8, 2016","format":false,"excerpt":"\r Majid Al Futtaim plans to start mixed-use real estate development next year as it expands from its core retail activities.It is waiting to acquire land in the country, said Hawazen Esber, the chief executive of Majid Al Futtaim Communities, on the sidelines of Citiscape Global in Dubai.He declined to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128933,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/profit-surges-for-retail-giant-majid-al-futtaim-as-pandemic-restrictions-ease\/","url_meta":{"origin":158026,"position":4},"title":"Profit surges for retail giant Majid Al Futtaim as pandemic restrictions ease","date":"August 24, 2022","format":false,"excerpt":"\r The Dubai giant records 15 percent increase in revenue to AED18 billion for H1 2022, benefitting greatly as consumers flock to its malls, cinemas and hotels\r \r Source : arabianbusiness.com\r Read more...Profit surges for retail giant Majid Al Futtaim as pandemic restrictions ease","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2022\/08\/vhnFiDpD-mall-of-the-emirates-1.jpg?fit=960%2C641&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":163497,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/al-futtaim-boosts-saudi-growth-with-2-72bn-investment-pledge\/","url_meta":{"origin":158026,"position":5},"title":"Al-Futtaim boosts Saudi growth with $2.72bn investment pledge","date":"October 29, 2025","format":false,"excerpt":"\r Al-Futtaim commits $2.72bn to Saudi Arabia over three years, with investments in mobility, retail, real estate, and finance The post Al-Futtaim boosts Saudi growth with $2.72bn investment pledge appeared first on Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More.\r \r Source : arabianbusiness.com\r Read\u2026","rel":"","context":"In "Property 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