Majid Al Futtaim Food Retail: data

See data on the retailer’s performance and forecasts for its operations by channel.

Middle East: top five retailers

This report looks at the key themes currently shaping grocery retailing in the Middle East and the performance of the region's top five retailers. We also forecast their performance to 2023 and consider their strategic priorities supporting growth.

Middle East retail outlook 2020

We look at the latest trends set to shape the grocery market in the region over the next 12 months.

United Arab Emirates country presentation

This in-depth guide to the United Arab Emirates explores the key trends in grocery retail and the growth strategies of the leading retailers in the country.

Latest News

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Retailers prepared for a strong back-to-school season in 2021, with Mastercard SpendingPlus projecting retail sales would grow by 12% during the back-to-school period (August 16 to September 19) compared to 2019.

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Across its operations Majid Al Futtaim (MAF), which operates the Carrefour brand across the Middle East and Africa, is looking to grow its online skill and scale quicky. The retailer, which has seen changing shopping habits because of COVID-19, has been investing heavily in its online operations as a result. We round developments from across its operations which underline its growing online capac...
As Majid Al Futtaim, which operates the Carrefour brand in several countries across the Middle East and Africa, sets out expansion plans for Egypt and Kenya and signs an MoU for organic produce in the UAE, we round up news from the retailer. Carrefour to invest in expansion in Egypt… Carrefour is set to invest EGP200m (US$12.7m) in Egypt as it expands its store base and improves its existin...
At a corporate level, UAE-based Majid Al Futtaim saw a fall in revenue of 3%, to AED17.3 bn (US$4.7 bn), and a 27% decrease in its EBITDA, to AED1.6 bn (US$435.5m), in the first half of its financial year. In its results, its Retail division was a bright spot, with Majid Al Futtaim Retail reporting a rise in revenue and EBITDA. Majid Al Futtaim sees stark differences during first half The c...
5-year forecasts to 2028

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