Annual Report and Accounts 2023


Financial and performance highlights

The Annual Report covers the overall business performance of the Majid Al Futtaim Group and all its verticals throughout the year 2023, including asset value, revenues, employee counts, and EBITDA.

It outlines the company’s strategic direction to handle and overcome the various disruptions that affected multiple markets where our operations are present across our verticals, and what impact these decisions had on the performance of the entire Majid Al Futtaim ecosystem. The Annual Report also sets out our efforts to embed sustainability across operations, and embrace the tenets of stakeholder capitalism in everything we do.

Financial Statements