Majid Al Futtaim Group
Emirati holding company / From Wikipedia, the free encyclopedia
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Not to be confused with Al-Futtaim Group.
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]
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Quick Facts Native name, Company type ...
Native name | شركة ماجد الفطيم القابضة ذ.م.م |
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Company type | Private |
Industry | |
Founded | May 11, 1992; 32 years ago (1992-05-11) |
Founder | Majid Al Futtaim[1] |
Headquarters | Dubai, United Arab Emirates |
Area served | |
Key people |
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Brands | A&F Carrefour Crate & Barrel Dalloyau Dreamscape lululemon |
Revenue | AED 25 billion (2014)[12] |
AED 3.6 billion (2014)[12] | |
Total assets | AED 45 billion (2014)[12] |
Number of employees | 48,000 (2015)[4] |
Subsidiaries |
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Website | www |
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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 2016, MAF had $10.6 billion in revenues and $760 million in profits.[14]