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 ha... moreMajid 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.
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