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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.

Sep 2025

Mastercard Brings Agentic Payments to Life with Majid Al Futtaim in the UAE with Agent Pay Debut

19 Nov 2025
Majid Al Futtaim Logo
• Mastercard Agent Pay, debuted in Dubai in the presence of H.E. Omar Sultan Al Olama, UAE Minister of State for Artificial Intelligence, Digital Economy, and Remote Work will enable consumers to browse, compare and purchase through AI-powered digital agents
 
Dubai, UAE; 18 November 2025: In a world where artificial intelligence is reshaping how people shop, pay, and connect, Mastercard is introducing Agent Pay in the UAE, and today marked its first transaction outside the US. 

As part of this pilot phase in the UAE, Mastercard is partnering with Majid Al Futtaim, a leader in shopping malls, communities, retail, and leisure across the Middle East, Africa and Asia, and fintech partner, Dataeira. 

The successful purchase of a cinema ticket at Majid Al Futtaim’s VOX chain was made in the presence of His Excellency Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications; Mastercard CEO Michael Miebach; and Ahmed Galal Ismail, Chief Executive Officer of Majid Al Futtaim Holding.

When launched, cardholders will be able to use their AI agent to search, discover and transact through Mastercard Agent Pay, including booking theatre tickets at VOX Cinemas with ease. 
 
His Excellency Omar Sultan Al Olama, Minister of State for Artificial Intelligence, Digital Economy, and Remote Work Applications, emphasized that, guided by the UAE’s leadership, the nation has become a global destination for adopting and supporting advanced technologies and initiatives that enhance well-being, strengthen its global competitiveness and leadership, and elevate its position as a leading hub for world-class AI applications.
 
Al Olama added that the UAE has set a new global benchmark in embracing and deploying artificial intelligence to simplify everyday life, advancing innovations that enhance the efficiency, reliability, and quality of digital interactions. His Excellency noted that the introduction of the AI Agent in payment solutions represents a significant milestone, opening new horizons for the growth and development of the UAE’s digital economy.

“As AI becomes a trusted companion in people’s digital lives, payments must evolve to match its intelligence with integrity. Mastercard Agent Pay ensures that agentic commerce is built on transparency, consent and security, empowering consumers and businesses to engage confidently in this new era of commerce,” said Dimitrios Dosis, President, Eastern Europe, Middle East and Africa, Mastercard.

Ahmed Galal Ismail, Chief Executive Officer, Majid Al Futtaim Holding commented, “As a pioneer in retail and lifestyle innovation, Majid Al Futtaim sees AI as a transformative force shaping the future of commerce and human interaction. Partnering with Mastercard on Agent Pay allows us to explore how intelligence and integrity can coexist in digital transactions - creating systems that prioritize trust, transparency, and consumer confidence. This collaboration is not just about convenience; it’s about setting a framework for responsible innovation that redefines how people shop, pay, and engage in a connected world.”

Mastercard has been supporting the UAE government’s efforts to accelerate secure commerce, drive digital transformation, and lead the global adoption of Artificial Intelligence. This shared commitment resulted in the launch of Mastercard’s Center for Advanced AI and Cyber Technology in Dubai in 2023, in collaboration with the UAE’s Artificial Intelligence, Digital Economy and Remote Work Applications Office—cementing the nation’s role as a global hub for innovation.

Investor Relations Contact

investorrelationscontactnikolaospassaris

Nikolaos Passaris

Head of Treasury
Laura Ford

Laura Ford

Director – Treasury
 
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