![Majid Al Futtaim Properties](https://forbesme-prestaging-media.s3.us-east-2.amazonaws.com/lists/uploads/2021/12/14091454/IMG_20211214_121208_782-1.jpg)
Majid Al Futtaim Properties
Rank: 7
Country: U.A.E.
CEO: Ahmed Galal Ismail
Date of establishment: 1994
Majid Al Futtaim Properties operates 28 shopping malls, owns 13 hotels, and manages five mixed-use communities. The company reported $486.8 million in revenues and total assets of $12 billion by H1 2021, a 5.2% increase compared to H1 2020. The company’s properties arm opened the largest mall in the Northern Emirates in Sharjah in March 2021, with gross leasable space of 136,200 square meters.