rs 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 two malls in Riyadh of 300k and 100k sqm of GLA respectively resulting in four times more stores (30