Talaat Moustafa Group and Majid Al Futtaim Retail Announce the Opening of Carrefour’s Second Store in Madinaty
Talaat Moustafa Group (TMG), the leading real estate developer in Egypt, is expanding its partnership with Majid Al Futtaim Retail to provide more convenient and seamless shopping experiences for the community. As a result of the growing collaboration between the two entities, Carrefour has opened its second store in the fully integrated city of Madinaty in All Seasons Park — TMG’s latest launched commercial retail and lifestyle destination.
Strategically located near several thriving communities in East Cairo, the new store is set to become a key shopping destination that offers a premium shopping experience complemented by an unrivalled choice of more than 500,000 products. It offers an enhanced customer journey through innovative product displays and advanced technology, including a self-checkout system for speed and convenience.
Commenting on the new store opening, Philippe Peguilhan, Country Manager, Majid Al Futtaim Retail in Egypt, said: “We are honoured to be opening the second Carrefour store in Madinaty to continue serving the local community and building on our expansion plans in Egypt. Today, we operate a total of 62 hypermarkets and supermarkets in Egypt as part of our evolving mission to serve the communities in which we operate. This further showcases our commitment to providing job opportunities for locals that in turn benefit the Egyptian economy.”
Omar Hisham, Chief Business Development Officer at TMG, said: “We are pleased with the development of the partnership with Carrefour, which began in 2018 with the opening of the first Carrefour branch at Open Air Mall, it was then followed by the opening of Carrefour Al Rehab in 2019 at Avenue Mall. Omar Hisham Talaat confirmed that the partnership with Carrefour comes within the framework of the Talaat Moustafa Group’s commercial strategy to bring the best international brands to meet the different needs of the group’s customers in various projects.”
All Seasons Park spans over 54,000 square metres and contains 230 stores spread across three floors. The new shopping attraction aims to become a focal point for visitors as it houses an array of retail outlets, entertainment options, dining areas, and medical services. The mall’s medical offering will be composed of a wide range of services including medical clinics, laboratories, and x-ray centers. The mall was built with the end user in mind and boasts a unique architectural style with winding corridors that intersect together to provide a pleasant shopping experience. In addition, visitors can enjoy outside green areas, water fountains, and man-made lakes.
All Seasons Park is conveniently accessible to both Madinaty residents and visitors, located 15 minutes by car from New Cairo, the New Capital, and Al Rehab City. Its direct catchment area boasts approximately 4.5 million people.
Upon opening, All Seasons Park will be a vibrant hub for residents of Madinaty and the surrounding communities of East Cairo. TMG’s strategic partnership with Majid Al Futtaim Retail is a true testament to the company’s promise to bring the best brands to its commercial and retail developments as well as Carrefour’s commitment to providing value whilst championing positive and productive lifestyles.