News

In early 2025, Majid Al Futtaim announced a strategic shift in Oman, replacing Carrefour with Hypermax. The retailer's growth trajectory follows a successful 2024, marked by a 26% revenue increase ...
Majid Al Futtaim holds the exclusive rights to operate Carrefour across 12 markets in the Middle East, Africa, and Asia, with a network of over 390 stores. In Egypt, it also owns and operates Supeco, ...
Majid Al Futtaim holds the exclusive rights to operate Carrefour across 12 markets in the Middle East, Africa, and Asia, with a network of over 390 stores. In Egypt, it also owns and operates Supeco, ...
Majid Al Futtaim generated significant growth from ... On ecommerce, the Group’s 'Carrefour Now' platform grew 30% over 2024, to account for 38% of digital revenues and delivering an EBITDA ...
The expansion includes the introduction of Eleventy, Cornelian and Poltrona Frau stores across the UAE and Saudi Arabia.
Arabian Gulf Business Insight on MSN2d
Majid Al Futtaim unit to invest $5bn in Riyadh project
Mixed-use project planned Construction begins in 2026 Also upgrading Mall of the Emirates Dubai-based Majid Al Futtaim Properties is set to develop a SAR17.5 billion ($4.7 billion) ...
(MENAFN- Edelman) Dubai, United Arab Emirates, 24 March 2025: Majid Al Futtaim (“the Group ... the Group’s pivot into this space has seen the Carrefour Now platform grow by 30% over ...
Dubai-based conglomerate Majid Al Futtaim is not planning on listing ... It also holds exclusive rights to the Carrefour franchise in 38 markets across MEA and Central Asia, operating a portfolio ...
November 5, 2024 Majid Al Futtaim replaces Carrefour in Jordan with what it calls new Arab grocery chain Carrefour's Middle East franchisee Majid Al Futtaim has suspended Carrefour Jordan and is ...
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Majid Al Futtaim has announced an ambitious expansion of its luxury retail portfolio for 2025. The regional pioneer in shopping malls, communities, retail, and leisure across the Middle East ...
Majid Al Futtaim has announced a Dhs5bn investment to transform Dubai’s Mall of the Emirates into a next-generation lifestyle destination. Marking the mall’s 20th anniversary, the project aims ...