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Majid Al Futtaim Holding (Arabic: شركة ماجد الفطيم القابضة) is an Emirati holding company based in Dubai. The family-owned conglomerate owns and operates shopping malls , retail , and hotel establishments in the Middle East and North Africa .
Al Futtaim owned the yacht Quattroelle, built by Lürssen in 2013 for Michael Lee-Chin, who sold it in 2014. It has a crew of 29. [7] He was married and lived in Dubai. [2] Al Futtaim died in Dubai on 17 December 2021. [8] His son Tariq Al Futtaim currently serves on the board of the Majid Al Futtaim Group. [2]
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]
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