Macro Finance
Majid Al Futtaim Earnings Rise in 'Challenging' Market
Bloomberg Markets·September 9, 2026·1 min read
Dubai-based Majid Al Futtaim reported record first-half EBITDA of 2.5 billion dirhams ($681 million), despite a 'challenging operating environment' in hospitality and non-food retail. CEO Ahmed Galal Ismail said the conglomerate, which owns malls and retail businesses, is navigating headwinds while maintaining growth.
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