This article has multiple issues. Please help improve it or discuss these issues on the talk page. (Learn how and when to remove these template messages)
This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material may be challenged and removed. Find sources: "Majid Al Futtaim Group" – news · newspapers · books · scholar · JSTOR(July 2014) (Learn how and when to remove this message)
This article contains content that is written like an advertisement. Please help improve it by removing promotional content and inappropriate external links, and by adding encyclopedic content written from a neutral point of view.(May 2015) (Learn how and when to remove this message)
(Learn how and when to remove this message)
Majid Al Futtaim Holding LLC
Native name
شركة ماجد الفطيم القابضة ذ.م.م
Company type
Private
Industry
Property development
Retail
Hospitality
Leisure and entertainment
Founded
11 May 1992; 31 years ago (1992-05-11)
Founder
Majid Al Futtaim[1]
Headquarters
Dubai, United Arab Emirates
Area served
Middle East, Africa and Central Asia
Armenia
Bahrain[2]
Egypt
Georgia[3][4][5][6]
Iran
Iraq[7]
Jordan
Kuwait
Lebanon
Oman
Pakistan[8]
Qatar[9]
Saudi Arabia[10]
United Arab Emirates[11][4]
Key people
Sir Michael Rake (Chairman)
Ahmed Galal Ismail (CEO, Holding & CEO Properties)
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.[13]
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 2016, MAF had $10.6 billion in revenues and $760 million in profits.[14]
^ ab"Majid Al Futtaim". Forbes. 2013. Retrieved January 26, 2014.
^"MAF plots regional expansion". Arabian Business. 2004. Retrieved May 14, 2015.
^"UAE's Majid Al Futtaim to expand Carrefour brand". Arabian Business. 2012. Retrieved May 14, 2015.
^ abc"Majid Al Futtaim Celebrates Two Decades of Great Moments Since Pioneering the Middle East's First Integrated Retail Experience". lianapress.ae. Liana Press. March 31, 2015. Retrieved April 15, 2015.
^"Majid Al Futtaim, United Arab Emirates". Global Village Encyclopedia. Open Publishing. 2014. Archived from the original on February 1, 2014. Retrieved January 26, 2014.
^"Company Overview of Majid Al Futtaim Holding LLC". Bloomberg BusinessWeek. Open Publishing. 2014. Archived from the original on January 26, 2014. Retrieved January 26, 2014.
^"Carrefour to debut in Iraq and Lebanon". franchise.ae. Franchise.ae. 2011. Retrieved May 14, 2015.
^"Majid Al Futtaim (MAF) Group Shopping Malls". dubaifaqs.com. Dubai FAQs. 2015. Retrieved May 14, 2015.
^"Majid Al Futtaim Launches New Carrefour City Stores In Dubai". Gulf Business. 2014. Retrieved May 14, 2015.
^"Dubai's Majid Al Futtaim Rules Out IPO, Plans Egypt, Saudi Expansion". gulfbusiness.com. Guld Business. 2015. Archived from the original on May 18, 2015. Retrieved May 14, 2015.
^Press Release (May 22, 2013). "Carrefour and Majid Al Futtaim Holding Reorganize and Strengthen Their Partnership". The Wall Street Journal. Retrieved January 29, 2014.
MajidAlFuttaim Holding (Arabic: شركة ماجد الفطيم القابضة) is an Emirati holding company based in Dubai. The family-owned conglomerate owns and operates...
business, and his cousin Majid controlling a property development business (now known as MajidAlFuttaimGroup).[3] AlFuttaim was appointed as Vice Chairman...
Abdulla AlFuttaim (Arabic: عبدالله الفطيم) is an Emirati billionaire businessman, owner of Al-FuttaimGroup, and cousin of fellow billionaire MajidAl Futtaim...
Dubai, United Arab Emirates, and is the original flagship mall in the MajidAlFuttaim Properties portfolio. City Centre Deira opened on 28 November 1995...
مول الإمارات) is a shopping mall in Dubai. Developed and owned by MajidAlFuttaimGroup, it opened in November 2005 and is located at interchange four on...
Georgia, the Carrefour Group has Carrefour Market stores in the country. In Kenya, Carrefour, operated by MajidAlFuttaimGroup in Kenya announced The...
and managed by the MajidAlFuttaimGroup, operating across the Middle East and North Africa region. Mall of Egypt is located on Al Wahat Road in 6th of...
the group's Gulf Extrusions subsidiary. Saif Ahmad Al Ghurair Emaar GroupMajidAlFuttaimGroup Hayel Saeed Anam Group Thomsun Group of Companies Al Tayer...
projection. VOX Cinemas is the cinema arm of MajidAlFuttaim Ventures, a division of the MajidAlFuttaimGroup, well known in the Middle East shopping mall...
District of Manama, in the Kingdom of Bahrain. It is owned and run by MajidAlFuttaim Properties, which owns several shopping malls across the Middle East...
hypermarket in Lahore under the name of Hyperstar in a joint venture with MajidAlFuttaimGroup, where it achieved 1 billion Pakistani rupees in revenues in its...
The mall opened in October 2001. It was developed and is managed by MajidAlFuttaim Properties. City Centre Muscat underwent an expansion in 2007 that...
world, located in Dubai, United Arab Emirates. It was developed by MajidAlFuttaimGroup, which also operates the Mall of the Emirates. Opened in November...
of Iran Hyperstar through a collaboration between Carrefour and MajidAlFuttaimGroup based in The United Arab Emirates. The Emirati holding is the main...
The firm's major shareholders include Emirates Investments Group, MajidAlFuttaimGroup and Abraaj Capital. Palazzo Versace Dubai D1 Tower and Emirates...
Angeles. In February 2013, Halston Heritage signed a deal with the MajidAlFuttaimGroup for distribution of its products in the United Arab Emirates. In...
Jordan, Carrefour has one branch in Amman (a joint venture between MajidAlFuttaimGroup and Carrefour France) and has an area of 11,000 square meters. Hypermarkets...
Member of the Board of Amwal Al Khaleej Member of the Board of MajidAlFuttaimGroup Member of the Board of Malaz Group Member of the Endowment's Board...
Marine Expeditionary Force, a type of U.S. Marine Corps task force MajidAlFuttaimGroup Move America Forward Mission Aviation Fellowship MAF (gene) Minor...
Global Information
AED 25 billion (2014)[12]