Majid Al Futtaim

Named the UAE ’s richest businessman by Forbes, with a net worth of $3.6 billion, the Dubai-based entrepreneur heads the Majid Al Futtaim Group (MAF), a prominent shopping mall and retail developer. Al Futtaim plans to double the company’s business to $12 billion by 2018 through a $5 billion five-year expansion plan, the bulk of which will be generated from overseas. The company also recently announced a $467 million project to build Oman’s largest mall near Muscat.