Al-Futtaim Group Real Estate
Rank: 14
Country: U.A.E.
Group CEO: Omar Al Futtaim
Date of establishment: 1992
The Al-Futtaim Group Real Estate is the real estate development and operations arm of the U.A.E.-based Al-Futtaim Group, the fifth-largest family firm in the Middle East. The subsidiary operates across MENA, with the Festival City brand being its flagship in the region. Dubai Festival City covers over 232,000 square, while its Cairo-based counterpart will encompass over 13,000 residents and 50,000 office staff.