Majid Al Futtaim was established in 1992 and is a leading community, shopping mall, retail and leisure pioneer in the Middle East, Africa and Asia. It has become one of the UAE's most reputable and successful businesses, spanning 15 international markets, employing over 43,000 people, and holding the highest credit rating among privately-held corporates in the region.
It owns and operates 25 shopping malls, 13 hotels and four mixed-use communities with further development in the area. The shopping mall portfolio includes Mall of the Emirates, Mall of Egypt, City Center Mall, My City Center Neighborhood Center and four community malls in a joint venture with the Government of Sharjah. The firm is an exclusive franchisee for Carrefour in 37 markets across the Middle East, Asia and Africa and operates a portfolio of 270 retailers in 15 countries. It operates more than 400 VOX cinema screens and 36 Magic Planet family entertainment centres throughout the region. It has prestigious leisure and entertainment facilities such as Orbi Dubai, Ski Dubai and Ski Egypt, etc.
They operate Enova, a centres and power management firm through a joint venture operation with Veolia and a worldwide leader in optimized environmental resource management. The company owns the rights to American Girl in the Middle East, and The Lego Store and operates in the food and beverage industry through a partnership with Gourmet Gulf.