The primary focus for Majid Al Futtaim Properties is the development of Shopping Malls, Hotels and Mixed-use Communities across the region. With an ambitious growth strategy the company has been able to build and maintain a leading position in shopping malls throughout the Middle East and North Africa. Welcoming over 107 million customers a year, Majid Al Futtaim Properties is continually seeking new opportunities for expansion into countries across the region.
Recognized as one of the most active shopping concept developers throughout the region, the Group first introduced the hypermarket model to the Middle East in 1995. Majid Al Futtaim Retail manages Majid Al Futtaim Hypermarkets, a joint venture company with the world’s second largest retailer Carrefour, and offers shoppers the same quality, variety and value-for-money that have made the brand a household name to millions over the world.
Majid Al Futtaim Ventures is the growth engine and incubator responsible for developing new businesses that complement and reinforce the Group’s leadership in its core businesses. Majid Al Futtaim Ventures has developed a portfolio of companies that combine the strengths and expertise of our Group with the international best practices of our world class partners.
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