Food and Staples Retailing
Company Overview of Majid Al Futtaim Holding LLC
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
United Arab Emirates
Founded in 1992
Key Executives for Majid Al Futtaim Holding LLC
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
Carrefour SA and Majid Al Futtaim Group Opens New Store in Dubai
Feb 16 15
Carrefour SA and Majid Al Futtaim Group have opened a new store in Dubai, United Arab Emirates.
Majid Al Futtaim Holding Announces Executive Changes
Feb 3 15
After eight years with the business, six years as Chief Executive Officer of Majid Al Futtaim Holding LLC, Iyad Malas has stepped down as the Chief Executive Officer and Director to pursue other interests outside the group, with immediate effect. Alain Bejjani, currently Chief Corporate Development and Brand Officer is appointed the new Chief Executive Officer of Majid Al Futtaim Holding LLC, with immediate effect. Alain has been with the business since 2006 and has a deep knowledge of the organisation. He has held several senior positions and was a member of the Majid Al Futtaim Properties Executive Committee and a current member of the Holding Executive Committee.
Majid Al Futtaim Reports Earnings Results for the Full Year of 2014
Jan 28 15
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.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|
Most Searched Private Companies
Sponsored Financial Commentaries