El Shamy assumed his current role in January 2023. Majid Al Futtaim’s portfolio includes landmarks, office buildings, five mixed-use communities, seven hotels, and 29 shopping malls as of February 2025. In June 2024, the group launched Ghaf Woods, a forest living residence in Dubai. In 2024, Majid Al Futtaim Properties’ net revenue surged by 25% year-on-year to $2.4 billion driven by strong performance across malls and its residential real estate portfolio. El Shamy was previously the chief financial officer at Majid Al Futtaim Properties and the partner and group CFO of Qalaa Holdings.