The Al-Futtaim group is a massive conglomerate operating in the United Arab Emirates.
The organization became based on the 1930s and elevated rapidly in the 1940s and Fifties turning into an integrated business, industrial, and offerings organization.
The Al-Futtaim family cut up its commercial enterprise hobbies in 2000 with Abdulla Al Futtaim controlling the automotive and particularly retail enterprise, and his cousin Majid controlling a assets improvement commercial enterprise (now called Majid Al Futtaim organization).
In September 2013, the organization bid $86 million to take complete control of the Nairobi-based totally vehicle store CMC Holdings.
Al-Futtaim group employs over 44,000 humans and operates 8 divisions comprising automobile, electronics, insurance, services, actual property, retail, industries, and foreign places. Sheik Maktoum mediated a settlement between Abdulla Al Futtaim and his rival, cousin Majid Al Futtaim, in 2000 which break up the assets, liabilities, and operations of the then-large Al Futtaim organization.
As of March 2012, Abdulla Al Futtaim is estimated by using Forbes magazine to have an internet well worth of $1.6 billion, rating him because of the 804th richest person inside the global, and third richest within the United Arab Emirates (UAE). previous to the worldwide financial disaster Abdulla Al Futtaim became well worth almost twice his present-day wealth. In 2007 Forbes ranked him as the 287th richest man or woman inside the international with a internet worth of $3 billion and stated his conglomerate was so big and profitable that it can account for 15% of Dubai’s gross domestic product. The CEO of Al-Futtaim group changed into Robert Willett till he resigned in January 2011. After that Omar Al-Futtaim has become a Board Member, CEO & VP. Thier is a large number of jobs in Al Futtaim group, so Apply now.
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