August 26, 2016 2:26 PM ET

Food and Staples Retailing

Company Overview of Majid Al Futtaim Holding LLC

Company Overview

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...

Tower 1

10th Floor

City Centre Deira Complex


United Arab Emirates

Founded in 1992

30,371 Employees


971 4 294 9999

Key Executives for Majid Al Futtaim Holding LLC

Chief Executive Officer and Director
Founder and President
Chief Financial Officer
Chief Executive Officer at Majid Al Futtaim Retail LLC
Deputy Chief Executive Officer
Age: 69
Compensation as of Fiscal Year 2016.

Majid Al Futtaim Holding LLC Key Developments

Majid Al Futtaim Holding LLC Seeks Acquisitions

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

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

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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Recent Private Companies Transactions

No transactions available in the past 12 months.

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