New acquisition for Majid Al Futtaim

Majid Al Futtaim has acquired Retail Arabia, the franchise owner of 26 Geant stores across the UAE, Bahrain and Kuwait, as well as four Gulfmart supermarkets in Bahrain. All of the acquired stores, which include hypermarkets, supermarkets and convenience stores, will be rebranded under Carrefour. majidalfuttaim.com