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Majid Al Futtaim Earnings Rise in 'Challenging' Market

Bloomberg Markets Wednesday 09 September 2026, 07:16 UTC 1 min read
Key Points

Dubai-based Majid Al Futtaim, which owns shopping malls, residential communities and retail businesses, reported record first-half EBITDA of 2.5 billion dirhams ($681 million). CEO Ahmed Galal Ismail told Bloomberg's Abeer Abu Omar that the conglomerate is navigating a "challenging operating environment," particularly in hospitality and non-food retail.

Dubai-based Majid Al Futtaim, which owns shopping malls, residential communities and retail businesses, reported record first-half EBITDA of 2.5 billion dirhams ($681 million). CEO Ahmed Galal Ismail told Bloomberg's Abeer Abu Omar that the conglomerate is navigating a "challenging operating environment," particularly in hospitality and non-food retail. (Source: Bloomberg)
Majid Al Futtaim Earnings Rise (PERSON) Dubai (LOCATION) Majid Al Futtaim (PERSON) Ahmed Galal Ismail (PERSON) Bloomberg (PERSON) Abeer Abu Omar (PERSON)
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