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Majid Al Futtaim

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About Developer Majid Al Futtaim

The story of Majid Al Futtaim is more than just the journey of a large holding company. It is the story of a man whose dream has changed the face of entire cities. Founded in 1992 in Dubai, the company has grown from a local project into one of the most influential private conglomerates in the Middle East, Africa and Asia. Today, the name Majid Al Futtaim is known to millions of people as a symbol of quality, ambition and thoughtful integration of urban environments.

From the very beginning, the company's philosophy has been based on a simple but powerful principle: to build not just buildings, but to create an environment in which people really want to live, work, spend time with their families and develop. This is not a marketing slogan — this is what is felt in every project of the developer. Whether it is a luxurious residence, a large-scale shopping center or a space for recreation — in everything there is a desire for perfection, attention to detail and care for people.

At home in Dubai, Majid Al Futtaim has become one of the key players shaping the modern urban environment. The city has grown and become a symbol of ambition and technology, and the company has gone along with it in this growth. Mall of the Emirates was one of the projects that in many ways set a new benchmark in the construction of mixed-use complexes. Here commerce is juxtaposed with world-class entertainment, including the legendary Ski Dubai, the first indoor ski resort in the region. This project didn't just surprise people — it showed the world that Dubai is ready for concepts that seem impossible.

But Majid Al Futtaim has never limited itself to just one city. The company actively developed projects in other emirates, as well as in Oman, Saudi Arabia, Egypt and other countries. In Oman, the flagship project Al Mouj was realized — a unique coastal community where residential clusters, marinas, restaurants, stores and green spaces are harmoniously combined. This project has become a prime example of how development can shape a new culture of living.

In Dubai, the attention to detail and commitment to creating a complete living environment is particularly evident in the Tilal Al Ghaf and Ghaf Woods projects. The first is a large-scale master community with an emphasis on an active lifestyle: parks, jogging paths, picnic and family recreation areas create a sense of a secluded world within the metropolis. The second is a quiet residential area in Dubailand, surrounded by nature and designed in an architectural style that emphasizes the balance between minimalism and coziness. Ghaf Woods is not just a residential development, it is a tranquility within the city.

Inside this oasis is one of the most exclusive projects of the company — Bo Monde. It is a collection of only 13 villas, each of which is a work of architectural art. These homes are designed for those seeking not just status, but the opportunity to live surrounded by nature, with private access to premium infrastructure, including closed club spaces and green areas for residents only.

Of particular note is the company's contribution to sustainability. Majid Al Futtaim hotels were the first in the world to receive LEED Platinum certification, an international recognition of the environmental responsibility and technology of the facilities. And this is not a one-time action: sustainability is a built-in element of the company's strategy, reflected in each new project.

Of course, development is only one facet of the holding. Majid Al Futtaim also includes large-scale retail projects. The company has exclusive rights to develop the Carrefour brand in dozens of countries, including the Middle East, North Africa and Central Asia. Under Majid Al Futtaim's management, the brand has become a symbol of reliability and affordability. Millions of customers visit Carrefour supermarkets every day, knowing that they will find a wide selection, reasonable prices, always quality products and excellent service.

Another area is the entertainment industry. Here the company has made a real breakthrough. VOX Cinemas, a subsidiary of Majid Al Futtaim, is now the largest cinema chain in the region. It was the first to introduce 4DX, IMAX and other innovative formats in GCC countries, changing the idea of going to the movies. And projects such as Ski Dubai, iFly Dubai and Magic Planet have become an integral part of family entertainment in the Emirates, Egypt and Lebanon. In recent years, the company has won numerous industry awards — for best shopping center, for innovation in customer experience, and for sustainability. In 2022, Majid Al Futtaim Shopping Centers was recognized at the MENA Shopping Center and Retailer Awards, confirming that the company is one step ahead in quality and management.

Financial stability and strategic flexibility allow the company to develop even in a constantly changing market. Thought-out investments, choice of popular formats, focus on international expansion — all this strengthens Majid Al Futtaim's position as one of the most reliable and far-sighted players in the sphere of development and retail trade.

But perhaps the most important thing is not the numbers and square footage, but the philosophy laid down by the founder, who believed that space influences thinking and lifestyle. He created projects that bring people together, provide a sense of belonging, security and inspiration. That vision lives on. It can be felt in every neighborhood, every building, every block that bears the Majid Al Futtaim logo. Already today, Majid Al Futtaim is leading a major expansion in Africa, Asia and beyond the Arabian Gulf. Each new project is flexible, adapting to the local context and the same idea: to build not just for today, but with future generations in mind.

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