18 December 2013
Discussing the company’s short term strategy, the chief executive, Iyad Malas, of Carrefour’s franchisee in the Middle East, Majid Al Futtaim, said that the company was aiming to continue its recent pace of expansion. Aim is ‘to double sales’
Over the next five years Malas said that Majid Al Futtaim, which includes a property arm, was looking to double its sales by investing US$5 billion in n...