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Majid Al Futtaim has reported a record H1 2026, with EBITDA reaching Dh2.5 billion, marking an 11% year-on-yea

Majid Al Futtaim has reported a record H1 2026, with EBITDA reaching Dh2.5 billion, marking an 11% year-on-year increase. Revenue stood at Dh17.5 billion, while net operating profit after tax rose 25% to Dh1.8 billion.

The group’s development pipeline has surpassed Dh100 billion, with Dh2.8 billion in construction contracts already awarded. Development revenue also jumped 38%, highlighting strong momentum in its property business.

The company is advancing major projects across the UAE and Egypt, including a Dh 62 billion mixed-use community in Dubai South, Ghaf Woods and the Mall of the Emirates redevelopment.

Disclaimer: This post is for informational purposes only and is based on publicly available reports. The image is AI generated and is just for reference.

#MajidAlFuttaim #Dubai #UAE #RealEstate #Property #Business #Development #DubaiSouth #GulfBusiness
by Startup Dubai in Photos on September 9
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