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Majid Al Futtaim Earnings Rise in 'Challenging' Market
📅9 September 2026 at 07:16
📰Bloomberg
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Dubai-based Majid Al Futtaim, which owns shopping malls, residential communities and retail businesses, reported record first-half EBITDA of 2.5 billion dirhams ($681 million). CEO Ahmed Galal Ismail told Bloomberg's Abeer Abu Omar that the conglomerate is navigating a "challenging operating environment," particularly in hospitality and non-food retail. (Source: Bloomberg)
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Source: This article was originally published by Bloomberg. All rights reserved to the original publisher.
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