Majid Al Futtaim Group

Majid Al Futtaim Holding LLC
Native name
شركة ماجد الفطيم القابضة ذ.م.م
Company typePrivate
Industry
FoundedMay 11, 1992 (1992-05-11)
FounderMajid Al Futtaim
HeadquartersDubai, United Arab Emirates
Area served
Key people
  • Sir Michael Rake (Chairman)
  • Ahmed Galal Ismail (CEO, Holding)
  • Dr. Günther Helm (CEO, Retail)
  • Ahmed El Shamy (CEO, Properties)
  • Ignace Lahoud (CEO, Entertainment)
  • Fahed Ghanim (CEO, Lifestyle)
BrandsA&F
Carrefour
Crate & Barrel
Dalloyau
Dreamscape
lululemon
Revenue AED 34.5 billion (2023)
AED 4.6 billion (2023)
Total assets AED 69.7 billion (2023)
Number of employees
43,000 (2023)
Subsidiaries
  • Majid Al Futtaim Properties Majid Al Futtaim Retail Majid Al Futtaim Ventures
Websitewww.majidalfuttaim.com

Majid Al Futtaim Holding (Arabic: شركة ماجد الفطيم القابضة) is an Emirati holding company based in Dubai. The family-owned conglomerate owns and operates shopping malls, retail, and hotel establishments in the Middle East and North Africa.

The firm was established by Majid Al Futtaim in 1992 and is best known as the owner of the Mall of the Emirates in Dubai and being the franchisee of French hypermarket chain Carrefour in the Middle East, North Africa and Central Asia.

In 2023, MAF had AED 34.5 billion in revenues and AED 2.7 billion in net profit.