Press Releases

UAE nationals currently account for 15% of Majid Al Futtaim’s workforce and 65% of the group’s management

Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa, today released its audited financial statement for the year ended 31 December 2013, following the detailed trading statement released on 27 January. The full financial statements are accessible on the company website.

Awarded the coveted 'Industry Partner of the Year' award for significant contributions to the region’s prepaid industry

Kempinski Hotels and Majid Al Futtaim today announced that they have reached an amicable, mutual agreement to end the hotel management agreement for the Kempinski Grand & Ixir Hotel Bahrain City Centre in Manama on 24 March, 2014.

Five-year investment plan includes the development of three new shopping malls, redevelopment of Maadi City Centre and Alexandria City Centre, and opening of 32 Carrefour outlets

Majid Al Futtaim signs up to support global education campaign at GESF 2014

Retail academy and federation initiatives will help launch and advance retail careers In the UAE

New 1,000,000 square feet shopping mall that will be built in phases. IMPZ is a business park that is home to world class companies including Sony and Xerox. Phase 1 of 300,000 square feet is due to open in 2015. Part of the AED3 billion of new investments in Dubai by Majid Al Futtaim to support the Government’s plans for EXPO 2020.

Further diversifies the company’s retail portfolio with the inaugural location in Nasseriya, Sharjah, addressing the practical and daily needs of residents