Majid Al Futtaim
Majid Al Futtaim, headquartered in Dubai, has emerged as a defining retail force in Middle East & North Africa. With roughly 45k employees and revenues approaching $10B, the group keeps reinforcing its position through disciplined capital allocation and a long-term industrial vision.
Majid Al Futtaim, headquartered in Dubai, has emerged as a defining retail force in Middle East & North Africa. With roughly 45k employees and revenues approaching $10B, the group keeps reinforcing its position through disciplined capital allocation and a long-term industrial vision.
The group's regional balance sheet allows it to invest counter-cyclically, an advantage few competitors can match in the current rate environment.
“Majid Al Futtaim is, in its category, exactly the kind of compounding regional champion the next decade of capital allocation will reward.”
Governance upgrades and a more transparent disclosure cadence are gradually narrowing the historical valuation gap with global peers.