Majid Al Futtaim

Majid Al Futtaim owns and operates shopping malls, retail and leisure establishments in the Middle East and North Africa. Read more

615 Followers on Owler
615 Followers on Owler
615 Followers on Owler
615 Followers on Owler

Majid Al Futtaim

Majid Al Futtaim owns and operates shopping malls, retail and leisure establishments in the Middle East and North Africa. Read more

Alain Bejjani's photo - CEO of Majid Al Futtaim

CEO

Alain Bejjani

CEO Approval Rating

94/100

Founded:

1992

Status:

PrivateIndependent Company

MAJID AL FUTTAIM TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

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Landmark Group is Majid Al Futtaim's biggest rival. Landmark Group was founded in 1973, and is headquartered in Dubai, Dubai Emirate. Landmark Group competes in the Logistics, Wholesalers & Retail Distributors industry. Landmark Group generates $2.9B less revenue vs. Majid Al Futtaim.

M.H. Alshaya Co. is one of Majid Al Futtaim's top competitors. M.H. Alshaya Co.'s headquarters is in Al Kuwayt, Al Ahmadi Governorate, and was founded in 1980. M.H. Alshaya Co. operates in the Logistics, Wholesalers & Retail Distributors industry. M.H. Alshaya Co. generates 22% of Majid Al Futtaim's revenue.

Al-Futtaim is seen as one of Majid Al Futtaim's top competitors. Al-Futtaim is a Private company that was founded in 1955 in Dubai, Dubai Emirate. Al-Futtaim is in the Business Support Services field. Compared to Majid Al Futtaim, Al-Futtaim has 1,378 more employees.

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Majid Al Futtaim Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Wadi International General Trading L.L.C

May 2019

Source »
undisclosed
Wadi is an online retailer of groceries, cosmetics, fragrances and beverages.
Beam Wallet Pty Ltd

Nov 2018

Source »
undisclosed
Beam Wallet is a mobile application that allows users to make payments and earn rewards.

These are all the companies that Majid Al Futtaim has acquired. Majid Al Futtaim has acquired 2 companies and its latest acquisition was Wadi International General Trading L.L.C in May 2019. Wadi is an online retailer of groceries, cosmetics, fragrances and beverages.

Majid Al Futtaim Funding History

Since Majid Al Futtaim was founded in 1992, it has participated in 1 round of funding. In total Majid Al Futtaim has raised $400.0M. Majid Al Futtaim's funding round was on Feb 2012 for a total of $400.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Debt
Feb 2012
$400M
-

Since Majid Al Futtaim was founded in 1992, it has participated in 1 round of funding. In total Majid Al Futtaim has raised $400.0M. Majid Al Futtaim's funding round was on Feb 2012 for a total of $400.0M

Majid Al Futtaim Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Fetchr is an online platform that provides packages delivery and logistics services to individuals and businesses.
$10M
Dec 03, 2019
Equity
-
Wadi is an online retailer of groceries, cosmetics, fragrances and beverages.
$30M
Oct 23, 2018
Equity
May 01, 2019
Dreamscape Immersive develops a virtual reality studio that offers location-based entertainment services.
$10M
Dec 12, 2017
Series B
-
Fetchr is an online platform that provides packages delivery and logistics services to individuals and businesses.
$41M
May 15, 2017
Series B
-

These are all the companies that Majid Al Futtaim has invested in. Majid Al Futtaim has invested 2 companies and its latest investment was Wadi International General Trading L.L.C in May 2019. Wadi is an online retailer of groceries, cosmetics, fragrances and beverages.

Majid Al Futtaim News

March 25, 2021Food Business Africa

Majid Al Futtaim provides Egyptians with a seamless online experience with launch of new service

EGYPT - Majid Al Futtaim, the shopping mall, communities, retail and leisure pioneer across the...... See more »
March 24, 2021MEConstructionNews

Majid Al Futtaim's entire hotel portfolio achieves LEED Platinum certification

Firm says the platinum certifications take it a step closer to its goal of becoming a Net Positive bu... See more »
March 17, 2021InterGame Online

MAF opens multiplex and FEC in Sharjah

A 16-screen Vox Cinemas location and a Magic Planet FEC are among the entertainment opened this week ... See more »
March 15, 2021Dubai PR Network

Majid Al Futtaim Opens World-Class Entertainment Experiences at Newest Community Attraction, City Centre Al Zahia

• VOX Cinemas' 16-screen multiplex is the largest cinema in Sharjah and boasts the most innovative an... See more »
March 15, 2021Gulf Business

Majid Al Futtaim launches Dhs28m villas in Al Mouj Muscat development

The six-bedroom Zunairah mansions have private infinity pools, landscaped gardens and direct access t... See more »

Majid Al Futtaim Press Releases

June 5, 2019Dubai PR Network

Celebrate Eid Al Fitr at Majid Al Futtaim malls in the UAE with big offers, cash prizes, and live entertainment

June 02, 2019 - Dubai, UAE Majid Al Futtaim invites residents and tourists to join the Eid Al Fitr ce... See more »
February 2, 2019Dubai PR Network

8% Revenue and 9% EBITDA Growth Despite Challenging Market

The following information is a trading statement based on unaudited management accounts for Full Year... See more »
September 1, 2018Dubai PR Network

Promising Year-Round Entertainment, VOX Cinemas Second OUTDOOR Experience Launches at Aloft City Centre Deira

Dubai, 30 August, 2018: Majid Al Futtaim, the leading shopping mall, communities, retail and leisure ... See more »
June 28, 2017TotalUAE

Takeover of Geant is 'good for shoppers'

ABU DHABI // Majid Al Futtaim Group's deal to acquire 26 Geant stores and rebrand them as Carrefour c... See more »
June 18, 2017TotalUAE

Younger generation spurs change

Robert Welanetz, the chief executive of Majid Al Futtaim Properties, which owns 12 hotels in the regi... See more »
June 9, 2017Dubai PR Network

Majid Al Futtaim hits midway point of its five-year sustainability strategy achieving 56% of Sustainability Goals

2016 highlights: AED8.9 million invested in the community 13,228 hours of volunteering completed by e... See more »
May 24, 2017Dubai PR Network

Majid Al Futtaim Celebrates Big Wins at the MENA Green Building Awards 2017

Developer of the Year: Majid Al Futtaim Green Hotel of the Year: Hilton Garden Inn Dubai, Mall of the... See more »

Majid Al Futtaim Videos

Social Media

Majid Al Futtaim Headquarters

City Centre Deira Complex Tower 1, 10th Floor

Dubai, Dubai Emirate

9714-2949999

Driving Directions »

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Majid Al Futtaim Summary

ABOUT

Overview

Majid Al Futtaim owns and operates shopping malls, retail and leisure establishments in the Middle East and North Africa. Majid Al Futtaim was founded in 1992. Majid Al Futtaim's headquarters is located in Dubai, Dubai Emirate, AE . It has raised 400....

CEO

Majid Al Futtaim's CEO, Alain Bejjani, currently has an approval rating of 94%. Majid Al Futtaim's primary competitors are Landmark Group, M.H. Alshaya Co. & Al-Futtaim.

Website

majidalfuttaim.com

Frequently Asked Questions about Majid Al Futtaim

  1. When was Majid Al Futtaim founded?

    Majid Al Futtaim was founded in 1992
  2. Who is Majid Al Futtaim's CEO?

    Majid Al Futtaim's CEO is Alain Bejjani
  3. How much revenue does Majid Al Futtaim generate?

    Majid Al Futtaim generates $8.9B in revenue
  4. How much funding does Majid Al Futtaim have?

    Majid Al Futtaim has historically raised $400M in funding
  5. Where is Majid Al Futtaim's headquarters?

    Majid Al Futtaim's headquarters is in Dubai Dubai Emirate, AE
  1. How many employees does Majid Al Futtaim have?

    Majid Al Futtaim has 40,622 employees
  2. What sector does Majid Al Futtaim operate in?

    Majid Al Futtaim is in Real Estate Development & Operations
  3. Who are Majid Al Futtaim's competitors?

    Majid Al Futtaim's top competitors are Landmark Group, M.H. Alshaya Co., Al-Futtaim
  4. Who has Majid Al Futtaim invested in?

    Majid Al Futtaim's has invested in companies such as MENA 360 DWC-LLC, Wadi, Dreamscape Immersive, Inc.