Majid Al Futtaim, a businessman from Dubai, has died. Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, took to Twitter to pay his respects. “He is one of the most important businessmen in Dubai,” he said in a condolence message. Sheikh Mohammed said his decision to deploy 3,000 Emiratis over the next five years was one of al – Futtaim’s most important announcements.
Lulu Group Chairman and Managing Director M.A. Yusufali. He has been instrumental in the growth of many business sectors, especially the retail sector in the UAE.
Since the establishment of Al Futtaim Majid Al Futtaim Holding in 1992, it has expanded throughout the Middle East with malls and other ventures. The company owns more than 300 Carfor supermarkets and hypermarkets in Africa, Asia and the Middle East. The Mall of the Emirates in Dubai is the main attraction. In April this year, he was named one of the 10 richest Arabs in the world by Forbes’ 35th Annual World Billionaires list.