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 invests in, operates, and manages commercial projects, including shopping malls, hotels, residential projects, and leisure and entertainment facilities. The Retail segment establishes and manages hypermarkets and supermarkets 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 and entertainment, healthcare, and food and beverage services, as...
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 2017.
Majid Al Futtaim Holding LLC Key Developments
Majid Al Futtaim Holding Seeks Acquisitions
Jun 29 17
Majid Al Futtaim Holding LLC is seeking acquisitions. “We are open to further prospects, through both organic growth and opportunistic acquisitions, and will pursue these in line with our disciplined strategic and financial approach. Our ambition is to expand our physical as well as our digital presence, and reinforce our omni-channel offering.” Alain Bejjani, Chief Executive Officer at Majid Al Futtaim said.
Majid Al Futtaim Hld Announces Resignation of Neil Jones from Director
Jun 14 17
Majid Al Futtaim Hld announced that Mr. Neil Jones will step down as a director effective at close of business on 30 June 2017.
Majid Al Futtaim Reportedly The Front Runner In Bidding For Géant Hypermarket
Jun 7 17
Majid Al Futtaim Holding LLC is the lead bidder for a controlling stake in Géant Hypermarket UAE, according to three people familiar with the matter. Majid Al Futtaim was up against Bindawood Holding, the people said, asking not to be identified as the information is confidential. While Majid Al Futtaim is close to concluding a deal, talks may still fall apart, the people said. A spokesman for Majid Al Futtaim declined to comment, while officials at BMA International, which controls the Geant business in the Middle East, didn't immediately respond to requests for comment. Officials at Bindawood couldn't immediately be reached for comment.
Similar Private Companies By Industry
Recent Private Companies Transactions