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The Al-Futtaim Group (Arabic: مجموعة الفطيم, romanized: Majmouat al-Futtaim) is a large conglomerate based in Dubai, United Arab Emirates. History [ edit ] The group was founded in the 1930s and expanded rapidly in the 1940s and 1950s becoming an integrated commercial, industrial, and services organization.
Majid Al Futtaim Holding LLC. 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. [13] The firm was established by Majid Al Futtaim in ...
The Majid Al-Futtaim Group currently spans 20 international markets and employs over 45,000 people. Career. He was the founder and owner of the Majid Al Futtaim Group, which he began in 1992 after splitting the Al Futtaim empire with his cousin. According to Forbes, Al Futtaim's net worth was US$4 billion, in September 2021.
Emirati billionaire Majid Al Futtaim, who rose from working as a bank clerk to creating an eponymous business empire most known for its massive Dubai mall with an indoor ski slope, died on Friday.
Career. Al Futtaim was appointed as Vice Chairman of Orient Insurance in 2001. [4] Since 2010 he has served as chairman of Emirates Islamic [5] and Al Futtaim HC Securities, vice chairman of Orient Insurance, which is part of Al-Futtaim Group, and a director of the Commercial Bank of Dubai. [1] [3] He is also a Board Member of the Dubai Chamber ...
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