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27 août 2024 · During the first half of the year, Majid Al Futtaim reported a 6% decline year-on-year in consolidated revenue to AED 16.7 billion, a 2% decline year-on-year in consolidated EBITDA to AED 2.1 billion and a 6% decline in net profit after tax to AED 1.6 billion.
27 août 2024 · selected Majid Al Futtaim –Entertainment to win the Best Impactful Sustainability Campaign of the Year, recognising its effective energy conservation measures through Energy Performance Contracts with Enova, record-breaking LEED certifications for cinemas, and exemplary waste management practices REEAM ‘Excellent’ certification
27 août 2024 · Majid Al Futtaim, a leading Dubai-based conglomerate, reported on Tuesday a net profit of Dh1.6 billion and revenue of Dh16.7 billion for the first half (H1) of 2024.
Il y a 3 jours · In October 2021, two months before his death, patriarch Majid Al Futtaim had overseen the official launch of the Mall of Saudi project, a gigantic shopping centre of 300,000m2 in Riyadh's residential Al Narjis district that could house nearly 600 shops (Glitz, 27/10/22).
27 août 2024 · Increasingly frugal shoppers and currency devaluations led the retail division of UAE conglomerate Majid Al Futtaim to report an 11 percent year-on-year drop in revenue in the first half of the year, resulting in its net profit dropping 6 percent.
- Senior Editor
- AGBI
27 août 2024 · Majid Al Futtaim reported a net profit of Dhs1.6bn for H1 2024, despite a challenging macroeconomic environment marked by regional geopolitical conflicts and foreign exchange devaluations.
27 août 2024 · Majid Al Futtaim Retail saw an 11 per cent year-on-year drop in revenues to Dh11.6 billion - and a 47 per cent year-on-year decline in EBITDA to Dh278 million.
