Majid Al Futtaim is a privately owned company headquartered in the UAE. Founded in 1992, it operates with approximately 20,690 employees. The multinational company specializes in an extensive portfolio across the retail, real estate, and leisure sectors, and is notably the operator of VOX Cinemas.
Majid Al Futtaim unveiled The Hangout by Mall of the Emirates on October 1, 2026, introducing a new indoor-outdoor lifestyle and entertainment precinct. This development marks a significant milestone in the destination's AED 5 billion transformation. Previously, on September 30, 2026, the company announced its intention to invest approximately USD 3.4 billion in the Egyptian market over the next five years. This investment represents Majid Al Futtaim's first entry into residential and hotel development, exceeding its total commitments in Egypt over the past 27 years, as stated by Khalifa Bin Braik, CEO of Majid Al Futtaim Asset Management.
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Majid Al Futtaim offers products in the media and telecoms services industry. Majid Al Futtaim's product portfolio comprises of live events.
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