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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]
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.
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 Ltd. Al-Ghazi Tractors Ltd (AGTL) (Urdu: ال غازی ٹریکٹر) is a Pakistani agricultural machinery assembler headquartered in Karachi with a tractor manufacturing plant located in Dera Ghazi Khan. [2] It is a subsidiary of CNH Industrial and Al-Futtaim Group.
In 1983, the Vendor Development & Technical Cell or VDTC was formed by Al-Ghazi Tractors, which introduced by Fiat. In 1986, Hinopak Motors began as a joint venture between PACO, Al-Futtaim Group, Hino Motors, & TTC. In 1987, Ghandhara Nissan began production of Nissan Diesel Trucks. In 1989, the Pakistan Association of Auto Parts & Accessories ...
Abdulla Al Futtaim (Arabic: عبدالله الفطيم) is an Emirati billionaire businessman, owner of Al-Futtaim Group, [1] and cousin of fellow billionaire Majid Al Futtaim. He earned his wealth through operations in the automotive field, as well as retail and real estate. [2] As of October 2021, his net worth was estimated at $2.2 billion. [1]
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Several markets have a designated, third party regional distributor; for example, in the United Arab Emirates, sales operations are managed by Al-Futtaim Motors LLC, [87] and in Costa Rica, Lexus vehicles are sold via regional distributor Purdy Motors S.A. [158] Other officially sanctioned regional distributors have sold Lexus models prior to ...