About
- Name: MAJID AL FUTTAIM
- English name: MAJID AL FUTTAIM
- Native name: ---
- Alias: ---
- Award: ---
Description: Majid al futtaim, who founded retailing and entertainment giant majid al futtaim holding (known as maf) in 1992, died in december 2021. maf owns and operates 13 hotels and 29 malls, including mall of the emirates in dubai and the mall of egypt in cairo. it also has the exclusive license to operate hypermarkets for french company carrefour across the middle east, north africa and central asia. his son tariq sits on the board, while non-family members manage the conglomerate, which publishes its revenues and profits annually. the group announced that it had $8.9 billion in revenue in 2020, and a net loss of nearly $740 million.
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