Majid Al Futtaim Becomes the First in the Region to Achieve Globally Recognised Sustainability Certifications Across its Entire Shopping Malls Portfolio

Dubai, United Arab Emirates, 25 February 2026: Majid Al Futtaim, a leading shopping mall, communities, retail, and leisure pioneer across the Middle East, Africa, and Asia today announced a key achievement for its Asset Management portfolio. All 23 of the Group’s independently owned shopping malls have now secured certification under globally recognised Leadership in Energy and Environmental Design (LEED), or Etsidama, key stakeholders in green building standards.

This milestone positions Majid Al Futtaim as one of first retail operators in the region to attain this type of sustainability certification at full portfolio scale - covering both design excellence and operational performance. It marks the culmination of more than a decade of disciplined application of international sustainability standards across development, operations, and asset management.

Khalifa Bin Braik, Chief Executive Officer, Majid Al Futtaim Asset Management, said: “Our shopping malls play a defining role in how people live, connect, and experience the cities around them. As we continue to evolve our portfolio, we are committed to setting new benchmarks for what modern destinations should offer; places that are efficient, resilient, and thoughtfully designed, yet never compromise on the quality of experience our guests expect. This achievement reflects our belief that progress and exceptional customer experience are mutually reinforcing pillars of how we shape the future of retail and urban life.”

Majid Al Futtaim applies LEED requirements from the earliest stages of design and development through to live operations. Since 2014, all newly developed shopping malls have been designed and delivered in line with LEED Design and Construction requirements, with the same rigour applied under LEED for Existing Buildings: Operations and Maintenance to previously built malls.

Across its asset management portfolio, this translates into sustained investment in clean energy, efficiency, and indoor environmental quality performance. Solar photovoltaic systems have been deployed across 18 shopping malls, generating more than 23 million kilowatt-hours of clean energy in 2024. In parallel, all malls operate on-site waste segregation systems, contributing to the diversion of over 15,400 tonnes of waste from landfills in 2025.

This certification reinforces the Group’s sustainable development commitments and supports the UAE’s Net Zero 2050 ambition. As an early signatory to the World Green Building Council’s Net Zero Carbon Buildings Commitment, Majid Al Futtaim continues to reduce energy use, emissions, and operational impact.

Sustainability efforts also extend to tenants through the Retail Design and Delivery (RDD) Green Star programme, which embeds sustainability into retail design and fit out with more than 4,400 units certified to date.

This achievement further positions Majid Al Futtaim’s shopping malls as resilient, future-ready destinations that balance commercial performance with environmental responsibility.