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Al Futtaim Motors: Established by the group in 1955, it is the exclusive distributor of Toyota, Lexus, Hino trucks and Toyota Material Handling equipment in the UAE. [12] Robinsons & Co.: In April 2008, the Al-Futtaim Group bought 88% of the shares of Robinsons & Co. at S$7.20 per share. [13] [14]
The firm was established by Majid Al Futtaim in 1992 [1] and is best known as the owner of the Mall of the Emirates in Dubai and being the franchisee of French hypermarket chain Carrefour in the Middle East, North Africa and Central Asia. In 2023, MAF had AED 34.5 billion in revenues and AED 2.7 billion in net profit.
Al-Ghazi Tractors was founded in 1983 and started production at its plant located in Dera Ghazi Khan. [3] It was listed on the Karachi Stock Exchange in 1985. [3] In 1991, Al-Futtaim Group took over the management control of Al-Ghazi Tractors by acquiring 50 percent of its shares. [3]
Founder and owner, Majid Al Futtaim Group. Relatives. Abdulla Al Futtaim (cousin) Website. www.majidalfuttaim.com /en. Majid Al Futtaim (1934 – 17 December 2021) was an Emirati billionaire businessman, and the founder and owner of the Majid Al Futtaim Group, an Emirati real estate and retail conglomerate, with projects in Asia and Africa.
In 1991, Al-Futtaim Group obtained the licensing rights to bring the Ace name to Dubai. It opened a flagship store in 2006. [50] Ace came to Israel in 1993, starting with four stores. By 2005, the country had 25 Ace locations. [51]
325,000 sq ft (30,200 m 2) No. of floors. 1. Parking. 750 cars. Website. City Centre Me'aisem Website. City Centre Me'aisem (Arabic: سیتي سنتر معیصم) is a shopping mall located in Dubai, United Arab Emirates, and it is the fourth mall owned by Majid Al Futtaim Properties operating in Dubai and the sixth mall operating in the United ...
Mall of the Emirates (Arabic: مول الإمارات) is a shopping mall in Dubai. Developed and owned by Majid Al Futtaim Group, it opened in November 2005 and is located at interchange four on Sheikh Zayed Road. The multi-level shopping mall currently features more than 630 retail outlets, 7900 parking spaces, over 100 restaurants and cafés ...
Everest House is the second tallest building in the central business district of the city after Chatterjee International Center. Built in 1978, the building has a total height of 84 metres (276 ft) and 21 floors. The building houses numerous offices, while the ground floor consists of showrooms.