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Key Facts

BBB

Rating Maintained for 14 Consecutive Years

0 B

USD Approximate company-wide Asset Value

0 B

USD Group Revenue

Bonds & Credit Rating

Majid Al Futtaim is the highest rated, privately owned corporate entity in the GCC, and has maintained its BBB credit rating for the past 14 consecutive years.

Financial Summary

Due to our robust balance sheet and stable cash flow, Majid Al Futtaim has a strong foundation from which to effectively manage growth.

Funding Strategy

We are committed to prudent financial management and our Funding Strategy focuses on minimising re-financing risk and ensuring flexibility and efficiency through diversified sources of funding.

Executive Leadership

Our leaders inspire, encourage and help deliver on our vision, strategy and values, everyday. They lead the way and encourage others to do the same.
Announcements & Updates
3 People Watching presentation on the laptop;

The Investor Relations Presentation

Access the latest Investor Relations Presentation here. Please contact the Investor Relations team to obtain information about the next update and call.

Sep 2025

Majid Al Futtaim Launches SAVA, Bringing Customers Unbeatable Value

22 Oct 2025
Majid Al Futtaim Logo
• The first Emirati modern discount retailer, SAVA, combines high-quality products, affordable prices, convenience, and a modern shopping experience. 
• SAVA’s flagship location opens today in Deira with a second branch at Jumeirah Beach Residences. 
• Two further stores to open this week and 10 locations across the UAE by year-end. 
 
Dubai, United Arab Emirates, 22 October 2025: Majid Al Futtaim, a leading pioneer in shopping malls, communities, retail, and leisure across the Middle East, Africa, and Asia, has launched SAVA, its first fully owned and operated modern discount retailer, designed for today’s value-conscious shopper. Built on the promise of ‘Simply Unbeatable Value,’ SAVA combines quality products, affordable prices, and a convenient shopping experience. With 160 offers available to shoppers every week and over 1,600 products to choose from – SAVA is set to be the go-to destination for customers who want to stretch their dirhams further without compromising on the quality of their essentials and more. 
 

The launch of SAVA, the first Emirati modern discount retailer, is in direct response to the growing needs of families who are looking to maximise their budgets without compromising on quality or convenience. This reflects Majid Al Futtaim’s mission of care for communities and its commitment to serving today’s value-conscious customers by offering accessible, high-quality everyday essentials that make life simpler, better, and more affordable.

As a purpose-driven company backed by decades of retail expertise, SAVA marks a pivotal, refounding moment for Majid Al Futtaim. The launch underscores the company’s enduring commitment to investing in the UAE’s grocery retail sector, drawing on proven capabilities in private-label development and a deep understanding of regional customer needs and preferences. SAVA is the next generation of grocery retailing, redefining value without compromising quality.
 
SAVA’s flagship store opens today in Deira, with a second location opening in Murjan Tower, Jumeirah Beach Residences (JBR), Dubai.  To celebrate the launch, the first 50 customers at each store will receive exclusive prizes and gifts. 
 
• JBR – Murjan Tower: Doors open at 9:30 AM 
• Deira – Al Muteena: Activities start at 11:00 AM 

Investor Relations Contact

investorrelationscontactnikolaospassaris

Nikolaos Passaris

Head of Treasury
Laura Ford

Laura Ford

Director – Treasury
 
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