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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.
Majid Al Futtaim has handled the Carrefour operations in the Middle East and North Africa region since 1995, as the company opened the region's first hypermarket at City Centre Deira – it initially was a Continent-branded store before it converted to Carrefour four years later. As of 2020, Majid Al Futtaim operates over 320 Carrefour stores ...
Emirati billionaire Majid Al Futtaim, who rose from working as a bank clerk to creating an eponymous business empire most known for its massive Dubai mall with an indoor ski slope, died on Friday.
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 ...
Carrefour Group. Website. www.carrefour.fr. Carrefour Market is a French supermarket chain created in 2007, owned by the international retail group Carrefour, and has currently stores in France and several other countries, see below. Carrefour Market stores generally range from 1000 m 2 to 4000 m 2.
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 ...