Fujairah City Centre to open on April 4th, 2012

Preparations for opening are on-schedule across all areas of work
100% of retail units currently under fit-out, including Fujairah's largest Carrefour
Construction milestones include completion of ceiling and addition of skylights
Exterior works have commenced to car park and landscaping
Mall continues to operate as an accident free site with over 2.5 million hours logged

Dubai, United Arab Emirates, 19 February 2012 - Fujairah City Centre, the Emirate's first integrated retail, leisure and entertainment shopping mall, is set to open on Wednesday April 4^th, 2012 announced Majid Al Futtaim Properties, a leading developer of ‎shopping malls together with hotels and ‎mixed-use community ‎projects in the MENA region. Preparations for the April 4^th opening are on-schedule with 100% of retail units under fit-out and key milestones being achieved across final construction works. In the lead-up to the opening of Fujairah City Centre, the emphasis is now shifting towards finishing works in preparation for tenants to commence trading on the day of the grand opening.

Fujairah City Centre is the sixth shopping mall in the UAE for Majid Al Futtaim Properties, and is being developed in joint-partnership with the government-owned Fujairah Investment Establishment. With the aim to have 100% of its stores trading on opening day, each one of the mall's 105 units have been handed over and retailer fit-out is well underway including anchor tenants Centrepoint, Paris Gallery, Max Fashion and Carrefour. There are now over 1,800 individuals onsite everyday including management, retailers and contractors working towards this goal. To-date, Fujairah City Centre continues to achieve industry best-practice with over 2.5 million accident-free hours logged.

Construction milestones continue to be achieved to the mall's interior and exterior structure, and there is now a shift in focus to aesthetics such as signage and landscaping. The mall's ceilings are complete and roof lights and energy saving skylights have been fully installed.

The 1,000-space car park is now 60% paved and external landscaping has commenced. The mall remains on-track to obtain a LEED Gold rating for its environmentally friendly design and construction, and it is set to be the first building in the Emirate to receive this industry rating.

"We are diligently working with our retail partners, contractors and government officials to ensure a smooth and successful launch," said Majed Al Fahim, Senior Mall Manager for Fujairah City Centre. "Construction for the mall is on-schedule and we expect the positive momentum to increase as we move closer towards the immediate opening phase. We're delighted to confirm the opening date for Fujairah City Centre to the wider community and our valued stakeholders, and we look forward to soon welcoming everyone to the Emirate's newest lifestyle destination."

Fujairah City Centre is strategically located on the intersection of the new Fujairah-Dubai highway and the Masafi Highway at the entrance to Fujairah city.

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About Fujairah City Centre
Fujairah City Centre is a shopping mall currently under development by Majid Al Futtaim Properties in partnership with the government-owned Fujairah Investment Establishment. Set to open in early 2012, Fujairah City Centre will be one of the largest and the first shopping, leisure and entertainment destinations of its kind in the Emirate. With 34,000 sqm of retail space, the mall will feature 105 value and mid-market brands, 85% of which will be new to Fujairah.

Fujairah City Centre will offer choice, convenience and value for money across a wide range of categories including local and international fashion, lifestyle, electronics, homewares and food and beverage. The mall will also feature a 8,684 Carrefour hypermarket, the largest in the Emirate. With a multi-screen VOX Cinemas, a Magic Planet family entertainment centre and an international dining offer, Fujairah City Centre will redefine the shopping and leisure experience for Fujairah and surrounding communities.

About Majid Al Futtaim Properties
Majid Al Futtaim Properties is leading developer of ‎shopping malls together with hotels and ‎mixed-use community ‎projects in the MENA region. Majid Al Futtaim Properties has changed the face of shopping, leisure and entertainment in the Middle East and North Africa (MENA). It currently owns and operates ten world-class shopping malls in the region with three of its flagship projects based in Dubai. Majid Al Futtaim Properties has earned numerous accolades and awards from international organizations that have recognized its leadership and the quality of its properties. The Company's shopping malls continue to witness a steady increase in footfall with more than 140 million visitors in 2011.

Deira City Centre pioneered the concept of shopping and entertainment in the region. It has over 370 stores with an extensive array of mid-market popular brands, including leisure and entertainment facilities and over 50 restaurants and cafes.

Mall of the Emirates is a world-class shopping mall, housing over 520 international retail brands including 80 luxury stores and a unique range of leisure attractions, anchored by the world-renowned Ski Dubai.

Mirdif City Centre, the latest regional shopping mall in the UAE by Majid Al Futtaim Properties, is home to 430 stores offering the best mix of retail, superior leisure and entertainment concepts that include iFLY Dubai - indoor skydiving centre and VOX Cinemas and many more, and a host of delicious fine dining outlets.

For more information please contact:
The Portsmouth Group on +971 4 369 3569
Angela Bak
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Nerry Toledo
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Ahmed Al Zein
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