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.

Revenue

Founded

1992

Headcount

20,681

Headquarters

UAE

Primary Segment

Retail

Ownership

Privately Owned

News Summary:

On May 2, 2026, Majid Al Futtaim and Visa released a joint white paper, "Building the Trusted Digital Economy of Retail," outlining how retailers can build consumer trust into digital commerce. This publication comes amidst the UAE's rapid adoption of mobile-first shopping and cashless payments, with digital payments now constituting approximately 80% of transactions, underscoring a shift towards seamless, integrated retail experiences. Earlier, on April 29, 2026, Ahmed Galal Ismail of Majid Al Futtaim joined Microsoft’s Naim Yazbek for an AI Frontier Conversations discussion. They highlighted that AI aims to solve significant problems rather than merely showcasing technology, focusing on leadership, unlearning the 'pilot trap,' leveraging data as capital, and the implications of rebuilding an organization in the age of AI.

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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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Examples of Majid Al Futtaim's suppliers include dunnhumby and IMAX.

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