Omar al futtaim family

Conglomerate based in Dubai, United Arab Emirates

Not to be confused with Majid Al Futtaim Group.

The Al-Futtaim Group (Arabic: مجموعة الفطيم, romanized: Majmouat al-Futtaim) is an Emirati conglomerate based in Dubai, United Arab Emirates.

History

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The group was founded in the 1930s and expanded rapidly in the 1940s and 1950s becoming an integrated commercial, industrial, and services organization.^[2]

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).^[3]

In September 2013, the group bid $86 million to take full control of the Nairobi-based car retailer CMC Holdings.^[4]

Operations

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Al-Futtaim Group employs over 44,000 people^[5] and operates eight divisions comprising automotive, electronics, insurance, s