Food and Staples Retailing
Company Overview of Majid Al Futtaim Holding LLC
Majid Al Futtaim Holding LLC establishes, invests in, and manages commercial projects. The company operates through Properties, Retail, and Ventures segments. The Properties segment is invests in, operates, and manages commercial projects, including shopping malls, hotels, residential projects, leisure, and entertainment facilities. The Retail segment establishes and manages hypermarkets and supermarket under the franchise agreement with Carrefour Partenariat International. The Ventures segment establishes, invests in, and manages commercial projects; and establishes and manages retail fashion stores. It also provides leisure, entertainment, credit cards, food and beverage, and healthcare se...
City Centre Deira Complex
United Arab Emirates
Founded in 1992
Key Executives for Majid Al Futtaim Holding LLC
Chief Executive Officer and Director
Chief Executive Officer at Majid Al Futtaim Retail LLC
Deputy Chief Executive Officer
Compensation as of Fiscal Year 2016.
Majid Al Futtaim Holding LLC Key Developments
Majid Al Futtaim Holding LLC Seeks Acquisitions
Aug 4 16
Majid Al Futtaim Holding LLC is seeking acquisitions. Alain Bejjani, Chief Executive Officer of DubaAl Majid Al Futtaim Holding LhC stated "We are looking at potential acquisitions that will allow us to grow inorganically especially in the leisure, entertainment and retail sectors"
Majid Al Futtaim Holding LLC Reports Unaudited Earnings Results for the Six Months Ended June 30, 2016
Aug 3 16
Majid Al Futtaim Holding LLC reported unaudited earnings results for the six months ended June 30, 2016. For the period, the company saw revenue grow by 11% to AED 15.2 billion compared to AED 13.7 billion a year ago. EBITDA increased by 7%, reaching AED 1.9 billion compared to AED 1.8 billion a year ago.
Majid Al Futtaim Holding LLC Announces Resignation of Viswanathan Shankar as Director
Jun 30 16
Mr. Viswanathan Shankar stepped down as a Director of Majid Al Futtaim Holding LLC effective close of business on 30th June 2016.
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