{"id":161021,"date":"2025-09-15T21:59:59","date_gmt":"2025-09-15T14:59:59","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/saudi-retail-al-futtaim-acquires-49-95-stake-in-cenomi-for-672m\/"},"modified":"2025-09-15T23:06:01","modified_gmt":"2025-09-15T16:06:01","slug":"saudi-retail-al-futtaim-acquires-49-95-stake-in-cenomi-for-672m","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/saudi-retail-al-futtaim-acquires-49-95-stake-in-cenomi-for-672m\/","title":{"rendered":"Saudi retail: Al Futtaim acquires 49.95% stake in Cenomi for $672m"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" 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&amp;ssl=1\" width=\"1000\" height=\"649\">&#013;<br \/>\nAl Futtaim acquires a 49.95 per cent stake in Cenomi Retail for $672m, marking one of Saudi Arabia\u2019s largest foreign retail investments&#013;<br \/>\n&#013;<br \/>\nSource : arabianbusiness.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.arabianbusiness.com\/industries\/retail\/saudi-retail-al-futtaim-cenomi\" target=\"_blank\" rel=\"noopener\">Saudi retail: Al Futtaim acquires 49.95% stake in Cenomi for 2m<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Al Futtaim acquires a 49.95 per cent stake in Cenomi Retail for $672m, marking one&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":161022,"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-161021","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\/09\/Saudi-Cenomi-Majid-Al-Futtaim-retail-1000x649-1.jpg?fit=1000%2C649&ssl=1","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-FT7","jetpack-related-posts":[{"id":158026,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/al-futtaim-to-acquire-49-95-stake-in-ksas-cenomi-retail\/","url_meta":{"origin":161021,"position":0},"title":"Al-Futtaim to acquire 49.95% stake in KSA\u2019s Cenomi Retail","date":"July 21, 2025","format":false,"excerpt":"\r Subject to mandatory regulatory approvals, the deal is based on $11.73 share price, valuing the transaction at more than $670mn\r \r Source : arabianbusiness.com\r Read more...Al-Futtaim to acquire 49.95% stake in KSA\u2019s Cenomi Retail","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/07\/Cenomi-Retail-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"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":161021,"position":1},"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 &quot;Property News&quot;","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":163497,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/al-futtaim-boosts-saudi-growth-with-2-72bn-investment-pledge\/","url_meta":{"origin":161021,"position":2},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/10\/Riyadh-skyline-Saudi-Arabia-1000x667-1.jpg?fit=1000%2C667&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":161021,"position":3},"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 &quot;Property News&quot;","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":161021,"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 &quot;Property News&quot;","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":15086,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/majid-al-futtaim-unveils-mega-plan-for-dh30bn-of-uae-investment\/","url_meta":{"origin":161021,"position":5},"title":"Majid Al Futtaim unveils mega plan for Dh30bn of UAE investment","date":"June 1, 2016","format":false,"excerpt":"\r Dubai-based Majid Al Futtaim Holding has unveiled plans for Dh30 billion worth of new investments in the UAE over the next ten years, which will include ten new City Centre malls, six new hotels and a new masterplanned community in Dubai.The company said at a press conference this morning\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/161021"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=161021"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/161021\/revisions"}],"predecessor-version":[{"id":161023,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/161021\/revisions\/161023"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media\/161022"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=161021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=161021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=161021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}