Majid Al Futtaim, the Middle East retail and leisure developer, reported an eight per cent increase in revenue to AED27.3bn (£5bn) in 2015.

MAF - NASDAQ

The company, which operates the Magic Planet chain of family entertainment centres, also noted a six per cent increase in EBITDA to AED3.8bn.

It attributed its growth to continued investment in core businesses across Dubai and increased development activity in Egypt and Oman.

Last year, MAF developed five new Magic Planet FECs, taking the chain to a total of 22 locations across the region.