Al-Futtaim Group

Al-Futtaim Group
Type Private
Industry conglomerate
Founded 1930s
Headquarters Dubai, United Arab Emirates
Key people Abdulla Al Futtaim, (Chairman)
Employees circa 20,000 (2010)
Website www.al-futtaim.ae

The Al-Futtaim Group is a large conglomerate operating in the United Arab Emirates.

Contents

History

The group was founded in the 1930s and expanded rapidly in the 1940s and 1950s becoming an integrated commercial, industrial and services organisation.[1]

The Al-Futtaim family split its business interests in 2000 with Abdulla Al Futtaim controlling the automotive and mainly retail business, and his cousin Majid controlling a property development business (now known as Majid Al Futtaim Group).[2]

Operations

Al-Futtaim Group employs over 20,000 people[3] and operates eight divisions comprising automotive, electronics, insurance, services, real estate, retail, industries and overseas.[4] The Chairman is Abdulla Al Futtaim[5] and the CEO was Robert Willett[6] until he suddenly resigned in January 2011.[7]

Group Companies

Automotive

Technology

Services

Retail

Hotels

Financial Services

Al Futtaim Group Real Estate

References