Mubadala and Majid Al Futtaim Group develop shopping mall, hotels and offices in Abu Dhabi

Notes and media contacts

About Arzanah

Arzanah is the maiden project of Captiala (a joint venture between Mubadala and CapitaLand). It is a fully integrated development that is set to become an urban oasis in Abu Dhabi. The new shopping mall, hotel and office project will be one of its key elements.

Its prime location in the Grand Mosque District, just minutes away from Abu Dhabi city centre, the Abu Dhabi International Exhibition Centre and the Central Business District, makes Arzanah easily accessible from other parts of the city via an existing comprehensive road network. It has also been earmarked as one of the main gateways along the planned high-speed metro system.

In addition to the Zayed Stadium, other sports facilities for residents include the ATP-standard Abu Dhabi International Tennis Complex, the 40-lane world-class Khalifa International Bowling Centre, the Abu Dhabi Ice Rink and a state-of-the-art Aquatic Centre. Arzanah will also be home to the Mubadala-owned Abu Dhabi Knee & Sports Medicine Centre, the first healthcare facility in the Middle East to specialize in the diagnosis and treatment of patients with knee and sports-related injuries.

About Mubadala Development Company

Mubadala Development Company (Mubadala) is a Public Joint Stock Company headquartered in Abu Dhabi, capital of the United Arab Emirates. Its focus is on developing and managing an extensive and economically diverse portfolio of commercial initiatives. It does this either independently or in partnership with leading international organizations. Mubadala's commercial strategy is fundamentally built on long term capital intensive investments that deliver strong financial returns.

The company manages a multi-billion dollar portfolio of local, regional, and international investments, projects and initiatives. Through its investment and development projects, Mubadala is both a catalyst for, and a reflection of, the drive for economic diversification of the Emirate of Abu Dhabi. Its impact is evident domestically and internationally in sectors such as energy, aerospace, real estate, healthcare, technology, infrastructure, and services.

Mubadala's sole shareholder is the Government of the Emirate of Abu Dhabi.

About Mubadala Real Estate and Hospitality

As Abu Dhabi grows at a tremendous rate, the need for quality residential, hotel and business accommodations grows with it. In addition, as the economy of the Emirate diversifies, the requirements of the community are becoming increasingly sophisticated. In line with the government's Urban Framework Plan, Mubadala Real Estate & Hospitality - a division of Mubadala - is capturing this opportunity.

Mubadala Real Estate & Hospitality is delivering benchmark projects that set the standard for design, development and management services in Abu Dhabi. It achieves this by making long term, capital-intensive investments that will generate strong financial returns and push the economy in a new direction.

Mubadala Real Estate & Hospitality builds partnerships based on shared values and approach. All projects are driven by deep analysis, insight and a rigorous approach to planning that ensures projects will deliver long-term benefits for tenants, investors, Abu Dhabi, Mubadala and its partners. In addition, the partnerships and projects underway in Abu Dhabi are paving the way and setting standards for Mubadala Real Estate & Hospitality's international ambitions.

About Majid Al Futtaim Group:
Majid Al Futtaim Group is the region's most prominent property and shopping malls developer. The Group opened its first shopping mall in 1995 and has since created businesses of international significance which have changed the face of shopping, entertainment and leisure in the Middle East and North Africa (MENA). Over the past decade the Group has taken his groundbreaking concepts into other major cities in the United Arab Emirates and throughout the Middle East and North Africa.

The Group consists of a number of core businesses that complement one another, yet are separately managed. This provides maximum flexibility and potential, enabling the operating divisions to seize their own opportunities yet work together on major projects.

The Group is widely known for its iconic and internationally recognized Mall of Emirates, the largest shopping resort outside North America. Mall of the Emirates is also home to Ski Dubai, the first indoor ski resort in the region. The emphasis on great design, critical tenant mix and customer focus gives the Group an exceptional portfolio of impressive projects.

For all Majid Al Futtaim related enquiries please contact:

Polaris Public Relations
Helen Ross / Komal Manglani
Tel: +9714 341 5555; Fax : +9714 341 5588

For all Mubadala related enquiries please contact:

Mohammed Amasha
Media Relations
Mubadala Development Company
Fax: +9712 413 0001
Mobile: + 97150 616 8517