Company Overview of Majid Al Futtaim Ventures LLC
Majid Al Futtaim Ventures LLC, through its subsidiaries, develops and manages leisure, entertainment, and cinema facilities at Majid Al Futtaim and third-party malls. The company provides indoor family entertainment and leisure offerings in the Middle East and North Africa region; operates digital projection systems, digital 3D content, digital cinema, and VOX MAX screens in the United Arab Emirates and Lebanon; and retails fashion and casual luxury brands in the Middle East. It also provides a platform for the introduction of fashion and retail brands in the region for developing their presence across the Middle East; offers credit card and prepaid card services for consumers and businesses...
Majid Al Futtaim Tower 1
P.O. Box 112222
United Arab Emirates
Founded in 2006
Key Executives for Majid Al Futtaim Ventures LLC
Chief Executive Officer and Director
Chief Executive Officer of Majid Al Futtaim Finance
Chief Executive Officer for Majid Al Futtaim Leisure & Entertainment
Chief Executive Officer of Majid Al Futtaim Cinemas
Compensation as of Fiscal Year 2014.
Majid Al Futtaim Ventures LLC Key Developments
MAF Ventures Reports Earnings Results for 2013
Jan 28 14
MAF Ventures earnings results for 2013. For the period, the company reported that it saw revenue grow by 16% to AED 891 million. Its Ebitda reached AED 148 million, marginally up by%.
Majid Al Futtaim Ventures and Daud Arabian Announce Milestone Joint Venture Partnership in Gourmet Gulf
Aug 12 13
Daud Arabian and Majid Al Futtaim Ventures announce a joint venture agreement covering their mutual investments in Gourmet Gulf Company. The partnership marks a first entry into the Middle East F&B market for Majid Al Futtaim Ventures, which operates as the growth engine driving new enterprise development for Majid Al Futtaim Holding. The joint venture will bring Daud Arabian's and Majid Al Futtaim Ventures' experience across the MENA region to Gourmet Gulf, consolidating its considerable depth of experience in the regional food industry.
Majid Al Futtaim Ventures Announces Revenue Results for the First Half Year Ended June 30, 2013
Jul 25 13
Majid Al Futtaim Ventures announced revenue results for the first half year ended June 30, 2013. For the period, the company achieved strong operational growth with revenue increasing by 13 % to AED 419 million.
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