French retailer Carrefour has ceased all operations in Bahrain, following the closure of its stores in Oman in January and Jordan in November.
Carrefour announced its closure in a brief post on Instagram on Sunday, saying operations ceased on September 14. No reason was provided.
The closures come as Majid Al Futtaim, which operates Carrefour in the region, announced on Monday that it would launch its flagship grocery brand HyperMax at six locations across Bahrain.
Dubai-based Majid Al Futtaim did not comment on Carrefour's decision but said its new HyperMax stores would help strengthen local supply chains.
Majid Al Futtaim is one of Dubai's biggest private sector companies and the Middle East's largest mall operator. It brought French-owned Carrefour to the region in 1995.
HyperMax has 44 locations in Jordan and Oman.
In May 2013, Majid Al Futtaim Holding bought a 25 per cent minority stake from Carrefour Group in its hypermarket business for €530 million. At the same time, the Dubai company extended its exclusive franchise partnership with Carrefour until 2025.
Majid Al Futtaim Retail currently holds the exclusive rights to operate Carrefour across 12 markets in the Middle East, Africa, and Asia, with a network of more than 390 stores, according to its website.
The company also operates Supeco, a low-cost hybrid grocery retail model that combines a traditional supermarket with a wholesale warehouse, across 17 locations in Egypt.
Majid Al Futtaim said HyperMax is partnering with more than 250 Bahraini farmers, producers and suppliers, and will operate with more than 1,600 employees.
The retail sector across the Middle East and North Africa is expanding, especially in the Gulf, where sales are forecast to grow at a compound annual growth rate of 4.6 per cent to reach $386.9 billion in 2028, from $309.6 billion in 2023, Alpen Capital said in a report last year.
The growth is expected to be supported by an increase in population, rise in per capita income and boost in tourism activities, Alpen added.
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Terror attacks in Paris, November 13, 2015
- At 9.16pm, three suicide attackers killed one person outside the Atade de France during a foootball match between France and Germany
- At 9.25pm, three attackers opened fire on restaurants and cafes over 20 minutes, killing 39 people
- Shortly after 9.40pm, three other attackers launched a three-hour raid on the Bataclan, in which 1,500 people had gathered to watch a rock concert. In total, 90 people were killed
- Salah Abdeslam, the only survivor of the terrorists, did not directly participate in the attacks, thought to be due to a technical glitch in his suicide vest
- He fled to Belgium and was involved in attacks on Brussels in March 2016. He is serving a life sentence in France
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In-demand jobs and monthly salaries
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- Project manager: Dh55,000 to Dh65,000
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Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
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Mercedes-AMG GT 63 S E Performance: the specs
Engine: 4.0-litre twin-turbo V8 plus rear-mounted electric motor
Power: 843hp at N/A rpm
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Transmission: 9-speed auto
Fuel consumption: 8.6L/100km
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LAST 16
SEEDS
Liverpool, Manchester City, Barcelona, Paris St-Germain, Bayern Munich, RB Leipzig, Valencia, Juventus
PLUS
Real Madrid, Tottenham, Atalanta, Atletico Madrid, Napoli, Borussia Dortmund, Lyon, Chelsea
SPEC%20SHEET
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Results
5pm: Reem Island – Conditions (PA) Dh80,000 (Turf) 1,600m; Winner: Farasah, Antonio Fresu (jockey), Musabah Al Muhairi
5.30pm: Sir Baniyas Island – Maiden (PA) Dh80,000 (T) 1,400m; Winner: SSR Ghazwan, Antonio Fresu, Ibrahim Al Hadhrami
6pm: Wathba Stallions Cup – Handicap (PA) Dh70,000 (T) 1,400m; Winner: Astral Del Sol, Sean Kirrane, Ibrahim Al Hadhrami
6.30pm: Al Maryah Island – Maiden (PA) Dh80,000 (T) 2,200m; Winner: Toumadher, Dane O’Neill, Jaber Bittar
7pm: Yas Island – Handicap (PA) Dh80,000 (T) 2,200m; Winner: AF Mukhrej, Tadhg O’Shea, Ernst Oertel
7.30pm: Saadiyat Island – Handicap (TB) Dh80,000 (T) 2,400m; Winner: Celestial Spheres, Gary Sanchez, Ismail Mohammed
Islamophobia definition
A widely accepted definition was made by the All Party Parliamentary Group on British Muslims in 2019: “Islamophobia is rooted in racism and is a type of racism that targets expressions of Muslimness or perceived Muslimness.” It further defines it as “inciting hatred or violence against Muslims”.
GAC GS8 Specs
Engine: 2.0-litre 4cyl turbo
Power: 248hp at 5,200rpm
Torque: 400Nm at 1,750-4,000rpm
Transmission: 8-speed auto
Fuel consumption: 9.1L/100km
On sale: Now
Price: From Dh149,900
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