Majid Al Futtaim Holding has businesses in retail, entertainment, real estate, F&B, and lifestyle across the Middle East, Africa, and Central Asia. The company brought the Carrefour brand to the region and owns the right to operate it in 30 countries. It currently operates 458 Carrefour stores, 29 shopping malls in five countries, and 13 hotels (11 in the U.A.E. and two in Bahrain). The group recorded revenues of $9.9 billion in 2022, an increase of more than 12% compared to 2021.