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* [[City Centre Sharjah]] - [[Sharjah (emirate)|Sharjah]], [[UAE]]
* [[City Centre Sharjah]] - [[Sharjah (emirate)|Sharjah]], [[UAE]]
* City Centre Ajman - [[Ajman]], [[UAE]]
* City Centre Ajman - [[Ajman]], [[UAE]]
* [[Fujairah City Centre]] - [[Fujairah]], [[UAE]]
* [[City Centre Fujairah]] - [[Fujairah]], [[UAE]]
* [[Bahrain City Centre]] - [[Manama]], [[Bahrain]]
* [[Bahrain City Centre]] - [[Manama]], [[Bahrain]]
* [[City Centre Muscat]] - [[Muscat, Oman]]
* [[City Centre Muscat]] - [[Muscat, Oman]]

Revision as of 09:12, 16 January 2015

Majid Al Futtaim Group
Native name
ماجد الفطيم
Company typePrivate
IndustryRetail & Leisure/Entertainment
Founded1992 (1992)
FounderMajid Al Futtaim[1]
HeadquartersDubai, United Arab Emirates
Number of locations
12 countries (2013)[2]
Area served
Middle East, Africa and Central Asia
Key people
Revenue2012: Increase AED 21.607 billion
2012: Increase AED 3.007 billion
Total assets2012: Increase AED 38 billion
Number of employees
2013: 24,534
Subsidiaries
  • Majid Al Futtaim properties

    Majid Al Futtaim Retail

    Majid Al Futtaim Ventures
WebsiteMajidAlFuttaim.com

Majid Al Futtaim Group (Template:Lang-ar) is a holding company based in Dubai, that owns and operates shopping malls, retail, and leisure establishments in the Middle East and North Africa, with operations in 12 countries and over 24,000 employees.[3] The group was established by businessman Majid Al Futtaim in 1992.[1] Majid Al Futtaim manages three major operating subsidiaries: Majid Al Futtaim Properties, Majid Al Futtaim Retail, and Majid Al Futtaim Ventures.

Majid Al Futtaim Group is one of the MENA region's developers of large commercial retail properties.[4][5] The group owns and operates 18 shopping malls with over one million square meters of GLA (Gross Leasable Area), 56 hypermarkets and 53 supermarkets, 11 hotels, 9 movie theater locations with 92 screens, 16 Magic Planet sites and 45 fashion stores.[5]

Majid Al Futtaim Properties

Majid Al Futtaim Properties[6] develops, owns and manages shopping malls throughout the MENA region.

Shopping malls

Majid Al Futtaim Properties mall holdings include:

Hotels

The Hotels Business Unit focuses on the development and asset management of hotels connected to or close to the company's shopping malls and within its master-planned communities. Hotels at Majid Al Futtaim Properties include 11 operational hotels.

Communities

The Communities Business Unit focuses primarily on developing a mix of residential and commercial properties throughout the MENA region.

Majid Al Futtaim Ventures

Majid Al Futtaim Ventures is responsible for all leisure, entertainment & cinema facilities and also manages the Healthcare & Financial services.

Leisure & Entertainment

Fashion Brands

Majid Al Futtaim Fashion has the rights to operate the following brand throughout the region:[7]

References

  1. ^ a b "Majid Al Futtaim". Forbes.com LLC™. Forbes. 2013. Retrieved January 26, 2014. Cite error: The named reference "Forbes" was defined multiple times with different content (see the help page).
  2. ^ "Majid Al Futtaim unveils new brand strategy to embark on next chapter of expansion". Zawya.com. Zawya. December 17, 2013. Retrieved January 27, 2014.
  3. ^ Press Release (May 22, 2013). "Carrefour and Majid Al Futtaim Holding Reorganize and Strengthen Their Partnership". online.wsj.com. The Wall Street Journal. Retrieved January 29, 2014.
  4. ^ "Majid Al Futtaim, United Arab Emirates". Global Village Encyclopedia. Open Publishing. 2014. Retrieved January 26, 2014.
  5. ^ a b "Company Overview of Majid Al Futtaim Holding LLC". Businessweek.com. Open Publishing. 2014. Retrieved January 26, 2014.
  6. ^ a b Hamdan, Sara (May 2, 2012). "Dubai Finesses Ease of Luxury Shopping for Chinese". The New York Times. Retrieved January 23, 2014. {{cite web}}: Italic or bold markup not allowed in: |publisher= (help)
  7. ^ Company Website (May 22, 2013). "Majid Al Futtaim Fashion Brands". majidalfuttaim.com. Majid Al Futtaim. Retrieved May 18, 2014.

Further reading

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