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Key Facts

BBB

Rating Maintained for 14 Consecutive Years

0 B

USD Approximate company-wide Asset Value

0 B

USD Group Revenue

Bonds & Credit Rating

Majid Al Futtaim is the highest rated, privately owned corporate entity in the GCC, and has maintained its BBB credit rating for the past 14 consecutive years.

Financial Summary

Due to our robust balance sheet and stable cash flow, Majid Al Futtaim has a strong foundation from which to effectively manage growth.

Funding Strategy

We are committed to prudent financial management and our Funding Strategy focuses on minimising re-financing risk and ensuring flexibility and efficiency through diversified sources of funding.

Executive Leadership

Our leaders inspire, encourage and help deliver on our vision, strategy and values, everyday. They lead the way and encourage others to do the same.
Announcements & Updates
Investor_Relations_Announcements_Presentation;

The Investor Relations Presentation

Access the latest Investor Relations Presentation here. Please contact the Investor Relations team to obtain information about the next update and call.

24 Mar 2025

Majid Al Futtaim Retail Opens Four New Carrefour Pop-Up Stores in Mina to Enhance Services During Hajj Season, Supporting Saudi Vision 2030

28 May 2025
Majid Al Futtaim Logo
• Carrefour’s new stores will provide essential items to pilgrims, including food products, water, personal hygiene items, and other daily necessities
• The stores in Mina will offer 24-hour service throughout Hajj, with a multilingual team committed to assisting pilgrims from diverse backgrounds

Riyadh, Saudi Arabia, 28 May 2025: In support of Saudi Vision 2030's goals to enhance services for the “Guests of God” during Hajj, Majid Al Futtaim Retail, which owns the exclusive rights to operate Carrefour in the Kingdom of Saudi Arabia, announces the opening of four new pop-up stores in Mina - strategically located to serve Pilgrims during the Hajj season 1446 AH.

The stores will operate 24-hours and will provide pilgrims with convenient and easy access to essential needs offering a wide range of daily necessities, including food products, water and beverages, personal hygiene items all in proximate key locations within Mina. The stores will be managed by a multilingual team trained to assist pilgrims from diverse backgrounds which will ensure a seamless and more enjoyable shopping experience for the visitors. 

Commenting on the opening of the new stores, Najib Haddad, Regional Manager of Carrefour Saudi Arabia, stated: "We are honoured to be contributing to the Kingdom’s efforts in providing exceptional services and facilitating seamless access to Pilgrims during the Hajj 1446 season. Our fully equipped stores in Mina are designed to cater to the unique needs of Pilgrims, to the highest standards – a testament to our ongoing commitment to serve with purpose the Saudi community." 

He added: "I wish to express our sincere appreciation to the Ministry of Interior, the Ministry of Commerce, and to all the relevant authorities managing this year's distinguished Hajj season for their trust, collaboration and support. We are fully dedicated to continuously identifying purposeful opportunities to that can enhance the experience for all who visit or reside in the Kingdom." 

Investor Relations Contact

investorrelationscontactnikolaospassaris

Nikolaos Passaris

Head of Treasury
Laura Ford

Laura Ford

Director – Treasury
 
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