#Majid Al Futtaim

MAF replaces Carrefour in Jordan with Hypermax

UAE’s MAF replaces Carrefour in Jordan with new ‘Arab grocery chain’

Carrefour Jordan had announced late Monday in a Facebook post that it would no longer operate in the country

Dubai’s Parkin to manage paid parking at Majid Al Futtaim malls

Dubai’s Parkin, Majid Al Futtaim to introduce paid parking at UAE malls

The barrierless parking solution eliminates the need for cars to stop when entering or exiting the mall’s parking lots

How Majid Al Futtaim is redefining community living

Forest living in Dubai: How Majid Al Futtaim is redefining community living

Ahmed El Shamy, the CEO of Majid Al Futtaim, says that Ghaf Woods embodies the group’s pioneering spirit, and it is the first development in Dubai to offer forest living

Consumer spending rises in 2023 shows Majid al Futtaim State of the UAE retail economy report

UAE consumer spending rises 13% in 2023, reveals retail report

The report showed that e-commerce spending continued growing in 2023, with a 15 per cent growth rate since 2022

Psycho Bunny store opens in Dubai Image courtesy Majid Al Futtaim

Premium menswear brand Psycho Bunny debuts in Middle East with Dubai store

The Mall of the Emirates store marks the brand’s official debut in the region, with its sights set on continued worldwide expansion

MAF fosters entrepreneurship with Launchpad X

Here’s how MAF is connecting MENA startups with global markets

The Launchpad X concept store is home to a diverse range of local brands that have displayed outstanding innovation and growth potential

Majid Al Futtaim H1 2023 results Image MoE _ courtesy Majid Al Futtaim

Majid Al Futtaim announces H1’23 results, reports 74% YoY rise in net profit

Majid Al Futtaim reported a 5 per cent increase in consolidated revenue to Dhs18.9bn, and EBITDA growth of 13 per cent year-on-year to Dhs2.1bn

Majid Al Futtaim x Tabby to introduce flexible payment solutions Image Majid Al Futtaim

Majid Al Futtaim, Tabby to introduce flexible payment solutions

The collaboration will further enable customers to better manage their spending and make purchases more conveniently both in-store and online

Majid Al Futtaim issues sukuk

UAE’s Majid Al Futtaim issues $500m green sukuk

The conglomerate will use the proceeds from its fourth green sukuk issuance to refinance an older $800m bond commitment due in May 2024

Consumers spend more in Malls in 2022 167896190

Revealed: Here’s what consumers in the UAE spent their money on in 2022

Majid Al Futtaim’s latest ‘State of the UAE Retail Economy’ Q4 report, revealed that e-commerce sales continued their strong upward trajectory, more than doubling to $6bn in 2022 from $2.6bn in 2019

Majid

UAE’s Majid Al Futtaim launches Mall of the Metaverse

The mall is in the initial phase of development and will open to visitors after multiple stages of testing

mall of oman opening by Majid Al Futtaim

Majid Al Futtaim officially inaugurates Mall of Oman 

Mall of Oman, which had a soft launch in September 2021, is home to Snow Oman – the largest snow park in the region, Oman’s largest VOX Cinemas and 260 international and local retail outlets

Majid Al Futtaim

Power Letters 2023: Fahed Ghanim, CEO, Majid Al Futtaim – Lifestyle

As we look to the year ahead, we will undoubtedly see ‘moments’ become the currency of customer experience

Carrefour Bahrain_Self Checkout

Carrefour brings self-checkout service to Bahrain

A hand-held device, simple to use with a bank card or smartphone, allows customers to scan and bag purchases

Majid Al Futtaim and Poltrona Frau sign strategic partnership

Majid Al Futtaim, Italian luxury brand Poltrona Frau announce strategic partnership

Founded in 1912 in Turin, Italy, Poltrona Frau is known for its 21-step tanning process to create enduring leather items

Majid Al Futtaim launches MENAP economic integration barometer_trading_freepik.com

What Majid Al Futtaim’s new MENAP Economic Integration Barometer reveals

The barometer, developed to systematically track progress on an annual basis, will offer a deeper understanding of the status of MENAP economic integration

Majid Al Futtaim New CEO

Majid Al Futtaim Holding appoints new chief executive officer

Ahmed Galal Ismail assumes the position from Alain Bejjani, who served in the role for eight years

IGB Majid Al Futtaim

Majid Al Futtaim, Immersive Gamebox to launch interactive digital smart rooms in UAE 

Seven ‘Gameboxes’ will be introduced in two Magic Planet locations in Dubai and Sharjah in January 

Mall of the Emirates digital concierge service

Majid Al Futtaim launches SHAREPay for loyalty programme members

SHAREPay enables members to link up to 10 existing debit/ credit cards to a single digital card, enabling seamless instant earning and burning of SHARE points

Majid AL Futtaim announces H1 2022 results

Majid Al Futtaim reports 18% rise in EBITDA to Dhs1.9bn, revenue rises 15% to Dhs18bn

Majid Al Futtaim – Properties’ revenue rose 51 per cent to Dhs2.4bn, while EBITDA was up 27 per cent to Dhs1.4bn

Majid Al Futtaim report reveals spending increased by 22% in H1 2022

UAE consumer spending increased by 22% in H1 2022, reveals Majid Al Futtaim report

In the first half of 2022, the retail general category was up by 15 per cent from the same period in 2021

Majid Al Futtaim opens its first official CB2 Store in Dubai

Majid Al Futtaim opens its first official CB2 store in Dubai

The new store houses multiple categories including indoor and outdoor furniture, kitchenware, bedding, lighting, rugs, accessories and more

Binance Web3

UAE’s Majid Al Futtaim and Binance partner to unlock Web3 capabilities

Agreement will see Majid Al Futtaim and Binance work jointly on non-fungible tokens and crypto payments with Binance Pay

Majid Al Futtaim survey reveals what visitors expect from malls

The regional-based campaign has received feedback from 10,000 customers at City Centre Mirdif and Deira, as well as online channels

Mall of the Emirates and Cisco collaborate to create the ‘store of the future’

Customers and visitors in Dubai will get the exclusive chance to interact with the unique, fully digital, and physical concept store

UAE businessman Majid Al Futtaim passes away

Having founded the Majid Al Futtaim group in 1992, the businessman oversaw its growth into a massive retail conglomerate across the region

Majid Al Futtaim to hire 3,000 Emiratis to support UAE government’s Nafis programme

Renewed focus lies in Emirati talent development, training and upskilling opportunities through the MAF leadership institute retail business school

Etihad discount mall of the emirates

Etihad offering flat 50% off on all tickets booked at pop up in Dubai’s Mall of the Emirates

The discount is applicable across all classes at the pop up located on the lower ground floor of the mall from September 16-23

Coding

UAE’s Majid Al Futtaim launches region’s first private sector coding programme for women

Focus will be on university students, recent graduates starting their careers, young professionals already in digital roles as well as upskilling MAFers

Carrefour opens new AI-powered checkout-free store in Dubai’s Mall of the Emirates

The store – the first such Carrefour worldwide, has 97 cameras in-store to identify products, improve inventory management and track the movements of customers