Al Futtaim and Aldar in Motor World deal
Aldar Properties, Abu Dhabi's leading property development, investment and management company, said Al Futtaim will be part of Motor World, the multi-use automotive development in Abu Dhabi dedicated to buying, selling and servicing both new and pre-owned cars.
Motor World is designed to be a one-stop shop for customers, providing all related services under one roof.
The announcement came after the signing of a Memorandum of Understanding by Omar Al Futtaim, Vice-Chairman and Chief Executive Officer, Al Futtaim, and Ahmed Ali Al Sayegh, Chairman, Aldar Properties.
Motor World, located near the Abu Dhabi International Airport, will be an automotive hub that has been master planned in line with the Abu Dhabi 2030 Urban Structure Framework Plan requirements.
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