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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.
Orient: Founded by Al-Futtaim in 1982, Orient is the largest insurance company in the United Arab Emirates by financial capital, with up to 500 million AED (approx. 136.1 million USD). Headquartered in Dubai, it works with major clients in Abu Dhabi, Dubai, Sharjah, and Ras Al Khaimah, as well as Oman and Bahrain. [19]
Majid Al Futtaim was the cousin of fellow billionaire Abdulla Al Futtaim, the head of the Al-Futtaim Group, from whom he later became estranged. [1] Majid Al Futtaim with Sheikh Rashid bin Saeed. The Majid Al-Futtaim Group currently spans 20 international markets and employs over 45,000 people. [2]
Career. Al Futtaim was appointed as Vice Chairman of Orient Insurance in 2001. [4] Since 2010 he has served as chairman of Emirates Islamic [5] and Al Futtaim HC Securities, vice chairman of Orient Insurance, which is part of Al-Futtaim Group, and a director of the Commercial Bank of Dubai. [1][3] He is also a Board Member of the Dubai Chamber ...
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 ...
Juma Majid was born in Al Shandagah, Dubai in 1930. He was a pearl diver's son. When Juma Al Majid turned 15, his uncle, Ahmad Majid Al Ghurair, asked him to assist him at his shop in Deira, and eventually opened a second small shop for him. He opened his business in 1950 and began by selling fabric and switched to air conditioners.
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 ...
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]