Majid Al Futtaim

Majid Al Futtaim

Retail

The company that provides great moments for everyone, everyday.

About us

Founded in 1992, Majid Al Futtaim is the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia. A remarkable business success story, Majid Al Futtaim started from one man’s vision to transform the face of shopping, entertainment and leisure to create ‘Great Moments for Everyone, Everyday’. It has since grown into one of the United Arab Emirates’ most respected and successful businesses spanning 16 international markets, employing more than 45,000 people, and obtaining the highest credit rating (BBB) among privately-held corporates in the region.

Industry
Retail
Company size
10,001+ employees
Headquarters
Dubai
Type
Privately Held
Founded
1992
Specialties
Retail, Leisure and Entertainment, Real Estate, and Shopping

Locations

Employees at Majid Al Futtaim

Updates

  • As one of the largest employers across the MENA region, we have a responsibility to ensure a positive and empowering experience for all our MAFers and become a benchmark for the wider region. Through our 2028 Business Commitments, we aim to leverage our resources and create an environment where everyone can reach their full potential.

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  • As part of Supeco's ongoing expansion across Egypt, we recently opened our first store in Upper Egypt, located in Fayoum. This launch marks a significant milestone in our efforts to bring Supeco's low-cost hybrid concept, which offers high-quality and affordable products to more families and communities across Egypt. We currently operate 13 stores in Egypt, with plans to open 20 more next year and a total of 140 by 2030. This expansion is part of our contribution to transforming the country’s retail landscape, in line with Egypt’s Vision 2030.

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  • We closed our week-long Eid Al Etihad celebrations by recognising our exceptional Emirati talent, who drive our success and contribute to the Nation’s progress, in the presence of our distinguished guests His Excellency Dr. Abdulrahman Abdulmannan Al Awar, Minister of Human Resources and Emiratisation, Acting Minister of Higher Education and Scientific Research, along with representatives from Ministry of Human Resources and Emiratisation, and Majid Al Futtaim Shareholder and Shareholders' Representative, Ms. Mariam Majid Al Futtaim. We heard inspiring stories from our passionate Emirati MAFers, from graduate trainees embarking on promising careers to those rejoining the workforce through our Returnship programme. Witnessing their journeys reaffirms our commitment to creating meaningful career opportunities that enable UAE Nationals to thrive. The event was made even more special as we welcomed our 3000th Emirati MAFer, marking the fulfilment of our commitment to the UAE’s NAFIS programme. Looking ahead, we remain steadfast in our goal of empowering and investing in Emirati talent at every level, unlocking their potential and in alignment with the UAE Leadership’s vision of long-term economic prosperity.

  • We are excited to announce the launch of Carrefour UAE’s 24/7 express grocery delivery service across Dubai, a major milestone in our mission to deliver customer-centric solutions through continuous innovation. This service seamlessly integrates technology to bridge the online and offline worlds, catering to the evolving needs of Dubai’s fast-paced retail landscape. Through the Carrefour UAE app, customers can order over 10,000 everyday essentials, earn and redeem SHARE points, and have them delivered within 60 minutes, at any time of day, across key residential areas in Dubai. At Majid Al Futtaim, we understand the growing demand for faster, more flexible shopping options and by responding to this need, we are setting a new standard in retail innovation. Learn more: https://maf.am/41pHg3r

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  • We are proud to announce that for the eleventh consecutive year, we have received the GRESB ‘Green Star’ designation, reflecting our continued commitment to high standards in ESG practices. This year, we were recognised as the Region Sector Leader in the Non-Listed Residential Asia category and outperformed the global average by 11 points in the Standing Investments benchmark. Inspired by this achievement, we will continue to enhance our sustainability initiatives and maximise our impact on environmental, social, and governance areas. Read more here: https://maf.am/4f8qf0J

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  • The UAE is home to endless possibilities and great moments that strengthen communities and create lasting connections. Residents and MAFers from across our communities celebrated the pride of all those who call the UAE home this Eid Al Etihad, honouring the unity that brings us together.

  • Proudly celebrating 53 years of the Union, we reflect on the UAE’s journey of unity, built on a shared foundation of ambition, collaboration, and progress. At Majid Al Futtaim, we honour the past, embrace the present, and look ahead to a future of limitless possibilities, creating great moments for everyone, everyday across the UAE. #EidAlEtihad

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Funding

Majid Al Futtaim 1 total round

Last Round

Debt financing

US$ 1.3B

See more info on crunchbase