Majid Al Futtaim posted $4.7bn in H1 2025 revenue, with profit up 23 per cent as digital growth, real estate demand, and new investments drive momentum
Majid Al Futtaim – shopping malls
Latest in Majid Al Futtaim – shopping malls
Dubai Shopping Malls
Majid Al Futtaim reports $9.2bn revenue and $681m net profit
Majid Al Futtaim reports 2024 results across real estate, retail, lifestyle and entertainment divisions
City Centre Deira
Parkin signs deal to manage parking at popular malls in Dubai
Parkin and Majid Al Futtaim Properties sign mall parking deal in Dubai
Dubai
Majid Al Futtaim announces 5% revenue growth in H1 2023
CEO says Majid Al Futtaim is successfully balancing strategic growth with profitable and responsible execution
Dubai shopping
UAE consumer spending up 19% last year
Majid Al Futtain releases findings on state of UAE retail last year
Majid Al Futtaim
Majid Al Futtaim revenue hit $9.9bn last year
Retail giant Majid Al Futtaim reported profit of $1.1bn in 2022
E-commerce
Let’s get ‘phygital’: How Majid Al Futtaim is aiming to reinvent shopping
Lockdowns implemented to curb the spread of Covid-19 temporarily shuttered malls and other retail outlets last year, and online retail and e-commerce spiked – a trend many predict is here to stay
Alain Bejjani
Video: Online retail soared during coronavirus pandemic, says Majid Al Futtaim CEO
Although consumers are now more value conscious about spending, online retail has still seen “steady interest” during the pandemic and sales have returned to growth levels in the United Arab Emirates, says Alain Bejjani, CEO of Majid Al Futtaim.
Alain Bejjani
Dubai retailer reports slight revenue increase amid ‘challenging market conditions’
Dubai-based retail giant said shopping malls welcomed over 100m people in H1, with total occupancy at 93%
Alain Bejjani
Majid Al Futtaim IPO ‘not on the table’, despite strong sukuk demand, says CEO
The Dubai-based ratailer’s green sukuk was a first for the region and was six times oversubscribed
abu dhabi retail
Video: Abu Dhabi’s first Majid Al Futtaim shopping mall
My City Centre Masdar, a AED300 million ($81 million) community project and Majid Al Futtaim’s first shopping mall in Abu Dhabi has opened.
Carrefour
New $117m Oman shopping mall to open in January
UAE-based retail giant Majid Al Futtaim has announced opening date for City Centre Suhar project
Alain Bejjani
Video: Inside Majid Al Futtaim’s ambitious plans
Dubai mall operator Majid Al Futtaim has reported a rise in revenues in H1, despite negative consumer sentiment in the retail sector.
Alain Bejjani
Majid Al Futtaim reports double-digit rise half-year revenues
Majid Al Futtaim’s H1 2018 revenue 13 percent higher than the same time period last year