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sing risk of diminishing bargaining power for Al Hokair with its international brand partners such as Inditex. We expect Shumoul Holding 55% owned by Mabanee, the Kuwaiti mall operator, to develop a 400k sqm mall in Riyadh while Dubai-based Majid Al Futtaim recently announced that it is looking to develop
Page: HOUSE_OVERSIGHT_016172 →Pierce, Fenner & Smith Incorporated
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Merrill Lynch Global Wealth Management
OrganizationInvestment management and financial planning service

Merrill Lynch
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The Financial Service Board
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the Financial Services Agency
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