Gulf mall operators rein in expansion as retailers reel from Covid-19
Tue, Jun 09, 2020 - 5:50 AM
Though malls reopened last month in the region's two largest markets, Saudi Arabia and the UAE, some customers still worry about Covid-19.
MALL operators in the Gulf region are delaying new mega-projects as the coronavirus pandemic and low oil prices upend a retail industry built around huge centres catering to tourists and wealthy locals.
Majid Al Futtaim (MAF), the Middle East's biggest mall-operator, told...