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Al Futtaim adds 22,000 sqm to CFC Mall

Al Futtaim adds 22,000 sqm to CFC Mall
Festival Avenue will comprise 120 stores including 60 retail shops

Cairo – Mubasher: Al Futtaim plans to add 22,143 square metres (sqm), called Festival Avenue, as an expansion of Cairo Festival City Mall (CFC Mall).

The announcement took place on the sidelines of the first Egypt Retail Summit (ERS), in the presence of several local and international officials and leaders in the retail sector.

“As part of our ongoing commitment to provide exceptional experiences to our shoppers, we are thrilled to announce the launch of Festival Avenue which delivers an even further elevated experience and supports our vision of creating a distinct retail concept and true retailtainment destination,” Timothy Earnest, CEO of Al-Futtaim Malls, said.

The new extension will comprise 120 stores including 60 retail shops offering numerous international brands, 20 new food and beverage outlets, the statement highlighted. 

Festival Avenue will feature two new brand entertainment concepts, providing an unparalleled shopping and lifestyle experience to brand entertainment concepts, providing an unparalleled shopping and lifestyle experience to New Cairo.

“The brand-new Festival Avenue luxury expansion will truly position Cairo Festival City as setting the standard of retail in Egypt as it becomes Egypt’s premium urban entertainment and retail destination,” Earnest added.

He pointed out that the new area will accommodate up to 1,000 cars in addition to a food hall, spread over an area of 1,567 sqm.