Amman: Early October 2009 witnessed the signing of agreement between "Taj Mall" and M.H Al Shaya Company under which new stores will open in the mall to become the most pioneering effort in the Kingdom, bringing in prestigious retail and lifestyle brands into the market under one roof. The partnership will encompass the variety of brands to occupy 13 stores including Jordan's first H&M at Taj Mall tailored to provide a unique retail offering for Jordan's shoppers.
"Taj Mall" has been chosen as the new destination for M.H AlShaya company in Jordan with outlets featuring international distinctive brand names in the field of fashion, health, and beauty, under the umbrella of M. H Al Shaya company, the Middle East's leading retailer. These stores will occupy the total area of (4,000) squared meters spread across "Taj Mall".
On this occasion, Mr. Halim Salfiti, Chairman of Al Tajamouat Company for Touristic Projects stated: "We are very excited to bring in top brands to become an added asset to our portfolio especially that it is reflected through the strategic partnership with a very experienced company in this field. We envision a unique direction towards the offering of innovative shopping and lifestyle experience".
Mr. Salfiti added: "this agreement supports our journey and commitment to position "Taj" as the destination of choice for shoppers and entertainment seekers in Jordan".
Mr. Mohammed Al Shaya, Executive Chairman of M.H Al Shaya Company, commented; "the Jordanian market has a promising potential and we are proud to partner with "Taj Mall" to become our newest investment agreement in this market. We chose "Taj Mall" to become our latest umbrella embracing a variety of our brands targeted to serve Taj shoppers".
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Taj Mall
Taj Mall is envisioned to primarily be an upscale retail and lifestyle development consisting of a multi purpose facility catering for a wide spectrum of tenants with the main objective of entertaining and serving clients through a pioneering approach and diversified services including cinemas, bowling alleys, advanced arcade centers, retail outlets, food courts, kids' zones, restaurants, and cafes in addition to retail stores and a large supermarket. With the investment of more than 120 million Jordanian Dinars and the total floor area of 150,000 squared meters, Taj Mall will be Jordan's newest development combining a unique blend of architectural design and innovative services.
Al Shaya Group
Alshaya has become a byword for trading and commerce in the Arabian Gulf. Since its foundation in 1890, they have become a major player across a variety of sectors, initially in Kuwait and the Kingdom of Saudi Arabia and more recently throughout the Middle East, Turkey, Cyprus, Russia, Poland, Egypt, Czech Republic and Slovakia.
Between the 1960s and 1970s they expanded substantially, developing distinct businesses in real estate, construction, hotels, automotive and general trading. Today, they have over 16,000 employees who work within their retail division, which started in 1983 with the launch of the Mothercare franchise.
© Press Release 2009
