January 28, 2015 8:18 AM ET

Food and Staples Retailing

Company Overview of Majid Al Futtaim Holding LLC

Company Overview

Majid Al Futtaim Holding LLC is engaged in establishing, investing, and managing various commercial projects. It operates through Properties, Retail, and Ventures segments. The Properties segment is involved in investing, operating, and managing commercial projects, such as shopping malls, hotels, residential projects, leisure, and entertainment facilities. The Retail segment is engaged in the establishment and management of hypermarkets and supermarket with the franchise agreement with Carrefour Partenariat International. The Ventures segment is involved in establishing, investing, and management of commercial projects; and establishing and managing retail stores, as well as a provision of ...

PO Box 91100

Dubai,  

United Arab Emirates

Founded in 1992

26,903 Employees

Key Executives for Majid Al Futtaim Holding LLC

Chief Executive Officer and Director
Founder and President
Senior Vice President of Finance
Chief Executive Officer at Majid Al Futtaim Retail LLC
Senior Vice President of Business Development and Government Affairs at Majid Al Futtaim Retail
Compensation as of Fiscal Year 2014.

Majid Al Futtaim Holding LLC Key Developments

Majid Al Futtaim Reports Earnings Results for the Full Year of 2014

Majid Al Futtaim reported earnings results for the full year of 2014. For the period, the company’s revenue reached AED 25 billion, earnings before interest, taxes, depreciation and amortization (EBITDA) for recurring operations rose 10% to AED 3.6 billion compared with 2013.

Majid Al Futtaim and Authentic Brands Group, LLC Signs Partnership to Expand Juicy Couture Across Mena

Majid Al Futtaim and Authentic Brands Group, LLC. announced a long term strategic partnership to accelerate global luxury lifestyle brand. As the appointed exclusive distributor for the region, Majid Al Futtaim Fashion will create a harmonised brand presence across its point-of-sale networks including boutiques, shop-in-shops and wholesalers. The Middle Eastern consumer will benefit from access to Juicy Couture's unique, Los Angeles inspired collections, having a greater selection of apparel to choose from and consistency in pricing across all locations.

Carrefour and Majid Al Futtaim Group Open New Store in Dubai

Carrefour SA and Majid Al Futtaim Group have opened a new convenience store in Dubai, United Arab Emirates. At the start of November, United Arab Emirates' first Carrefour City opened its doors at the very busy Union Square metro station - the intersection of the city's two metro lines - in Dubai. The store has a sales area of 180 m² and stocks around 4,000 items.

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