Dubai's Majid Al Futtaim CEO Says Weighing Bid for Dunia

  • Retail conglomerate aims to double profit in five years
  • Expansion strategy will mainly focus on organic growth

Majid Al Futtaim Holding LLC aims to double profit in five years and is weighing an offer to acquire Abu Dhabi consumer finance firm Dunia Finance LLC as part of the plan, according to Chief Executive Officer Alain Bejjani.

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