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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.
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.
Operations. Al-Futtaim Group employs over 44,000 people [5] and operates eight divisions comprising automotive, electronics, insurance, services, real estate, retail, industries, and overseas. [6] Sheikh Mohammed bin Rashid Al Maktoum mediated a settlement between Abdulla Al Futtaim and his rival, cousin Majid Al Futtaim, in 2000 which split ...
EXCLUSIVE: Universal Pictures International is forming a new partnership with Emirates-based Majid Al Futtaim Distribution which will see the latter release Universal movies in Saudi Arabia and ...
Website. muscatcitycentre.com. City Centre Muscat is a shopping mall located on Sultan Qaboos Road 3 km (1.9 mi) from Muscat International Airport), Seeb, Muscat Governorate, Sultanate of Oman. The mall opened in October 2001. It was developed and is managed by Majid Al Futtaim Properties.
Rank Global rank Name Net worth in billion US$ Sector Citizenship Age 1: 305: Nassif Sawiras: 7.4: Construction, investments Egypt 62 2: 591: Issad Rebrab: 4.6: Food and beverage
Majid al Futtaim opened the first Carrefour in Erbil in 2011. There is also a Family Mall Carrefour Department store in Sulaymaniyah. Along with several other international brands, as of June 2023, [50] [dead link] Carrefour has planned to opened another branch in the capital Baghdad. Also on October 3rd 2024, Carrefour has opened its h biggest ...
City Centre Deira (Arabic: سيتي سنتر ديرة) is a mall located in Port Saeed, Dubai, United Arab Emirates, and is the original flagship mall in the Majid Al Futtaim Properties portfolio. City Centre Deira opened on 28 November 1995. It is located in the older part of the city on the crossroad between Sharjah, Bur Dubai and the Airport.