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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. [14]
This list displays all UAE companies in the Fortune Global 500, which ranks the world's largest companies by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2023. [1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.
The mall was built with an investment of AED 275 million by Majid Al Futtaim Group. [3] The phase one of the mall covers the area of 325,000 sq ft (30,200 m 2) with the gross leasable area of 23,850 sq ft (2,216 m 2). [4] Phase 2, where the expansion of the mall may be completed by 2020. [5] ٍ
Opened on 4 November 2008, Dubai Mall the world's largest shopping centre by total area covered, and is the 21st largest shopping mall in the world by grossable area. [20] [21] It contains over 1,200 stores [20] and in 2011, was the world's most visited building, attracting over 54 million visitors each year. [20] [22]
MILAN — In a first brand event to take place in the Middle East in recent years, Bottega Veneta is planning a series of cultural exchange moments at “The Square” in Dubai, a gathering place ...
Broadway Square Mall [10] Cielo Vista Mall [10] The Domain [10] Firewheel Town Center [10] The Galleria [10] Grand Prairie Premium Outlets; Grapevine Mills [10] Houston Premium Outlets; Katy Mills [10] La Plaza Mall [10] Lakeline Mall [10] Midland Park Mall [10] North East Mall [10] The Offices at Clearfork; The Offices at The Domain; Offices ...
The formal name of the company is Nakheel PJSC (private joint stock company) and it was a subsidiary of Dubai World and a private state-owned enterprise. [4] [2] Nakheel was central to Dubai's debt crisis in 2009–2010. [5] The company has been reported to be the second-largest property developer in Dubai after Emaar Properties. [6]
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