Al-Futtaim Group#Businesses

The group was founded in the 1930s and expanded rapidly in the 1940s and 1950s becoming an integrated commercial, industrial, and services organization.{{cite web |url=http://www.al-futtaim.ae/content/groupProfile.asp |title=Al Futtaim Group: Profile |access-date=2010-01-23 |archive-url=https://web.archive.org/web/20100204060905/http://www.al-futtaim.ae/content/groupProfile.asp |archive-date=2010-02-04 |url-status=dead }}

The Al-Futtaim family split its business interests in 2000 with Abdulla Al Futtaim controlling the automotive and mainly retail business, and his cousin Majid controlling a property development business (now known as Majid Al Futtaim Group).{{Cite web |url=http://www.arabianbusiness.com/richlist/profile/1958 |title=Arabian Business Rich List |access-date=2010-01-23 |archive-url=https://web.archive.org/web/20100203233636/http://www.arabianbusiness.com/richlist/profile/1958 |archive-date=2010-02-03 |url-status=dead }}

In September 2013, the group bid $86 million to take full control of the Nairobi-based car retailer CMC Holdings.{{Citation

| url = https://www.reuters.com/article/us-emirates-alfuttaim-cmc-idUSBRE9880EU20130909

| title= Dubai's Al Futtaim offers $86 million for Kenyan car retailer

| year = 2013

| publisher = Reuters

| publication-place = International

}}

Al-Futtaim Group employs over 44,000 people{{cite web|url=http://www.afuturewithus.com/careers/al-futtaim/home.aspx|title=afuturewithus.com|website=www.afuturewithus.com|language=en-GB|access-date=2018-05-30}} and operates eight divisions comprising automotive, electronics, insurance, services, real estate, retail, industries, and overseas.[http://www.hoovers.com/al-futtaim-group/--ID__130862--/freeuk-co-factsheet.xhtml Hoovers] Sheikh Mohammed bin Rashid Al Maktoum mediated a settlement between Abdulla Al Futtaim and his rival, cousin Majid Al Futtaim, in 2000 which split the assets, liabilities and operations of the then-larger Al Futtaim Group.[https://www.forbes.com/lists/2010/10/billionaires-2010_Abdulla-Al-Futtaim_Y6MM.html 2010 List - Abdulla Al Futtaim] Forbes. {{Webarchive|url=https://archive.today/20130123080615/http://www.forbes.com/lists/2010/10/billionaires-2010_Abdulla-Al-Futtaim_Y6MM.html|date=2013-01-23}}

The CEO of the group was Robert Willett[http://gulfnews.com/business/general/al-futtaim-group-announces-robert-willett-as-new-ceo-1.640741 Al Futtaim Group announces Robert Willett as new CEO] Gulf News, 14 June 2010 until he suddenly resigned in January 2011. After that, Omar Al-Futtaim became a board member, CEO and vice chairman.[http://www.arabianbusiness.com/companies/al-futtaim-group-67335.html; Al-Futtaim Group Company Profiel] arabianbusiness.com, 24 November 2012{{cite web|url=http://investing.businessweek.com/research/stocks/private/person.asp?personId=9088005&privcapId=13011365&previousCapId=13011365&previousTitle=Al-Futtaim%20Private%20Company%20LLC|title=Omar Abdulla Al Futtaim: Executive Profile & Biography - Bloomberg|website=investing.businessweek.com|access-date=2018-05-30}}{{dead link|date=April 2023|bot=medic}}{{cbignore|bot=medic}}

In September 2022, the group was listed by Forbes in the Middle East's Top 100 Arab Family Businesses, ranking third.{{Cite web |last=Mughal |first=Waqar |title=Al-Futtaim Group - The Top 100 Arab Family Businesses |url=https://www.forbesmiddleeast.com/lists/the-top-100-arab-family-businesses/al-futtaim-group/ |access-date=2022-10-19 |website=Forbes Lists |language=en-US}}

Al Futtaim Motors: Established by the group in 1955, it is the exclusive distributor of Toyota, Lexus, Hino trucks and Toyota Material Handling equipment in the UAE.{{cite web|title=ABOUT AL-FUTTAIM MOTORS|url=http://www.alfuttaimmotors.ae/|website=AL-FUTTAIM MOTORS|publisher=Al-Futtaim Motors Company LLC|accessdate=7 July 2015}}

Robinsons & Co.: In April 2008, the Al-Futtaim Group bought 88% of the shares of Robinsons & Co. at S$7.20 per share.{{cite web|last1=Nolan|first1=Lynne|title=Al-Futtaim acquires Robinson and Company|url=http://www.arabianbusiness.com/al-futtaim-acquires-robinson-company-51038.html|website=ArabianBusiness.com|publisher=Arabian Business Publishing Ltd.|accessdate=7 July 2015}}{{cite web|last1=Wong|first1=Ai Ai|title=Al-Futtaim Group Takeover of Robinsons|url=http://www.bakermckenzie.com/FCAlFuttaimTakeoverRobinsons/|website=Baker & McKenzie|publisher=Baker & McKenzie|accessdate=7 July 2015|archive-url=https://web.archive.org/web/20150710083152/http://www.bakermckenzie.com/FCAlFuttaimTakeoverRobinsons/|archive-date=2015-07-10|url-status=dead}}

IKEA: The group holds the franchise rights to operate IKEA stores in UAE, Qatar, Egypt and Oman.{{cite web|url=https://www.arabianbusiness.com/uae-s-al-futtaim-plans-new-ikea-stores-in-middle-east-667516.html|title=UAE's Al-Futtaim plans new Ikea stores in Middle East|last=Deulgaonkar|first=Parag|date=19 March 2017|website=ArabianBusiness.com|archive-url=https://web.archive.org/web/20181223020709/https://www.arabianbusiness.com/uae-s-al-futtaim-plans-new-ikea-stores-in-middle-east-667516.html|archive-date=23 December 2018|url-status=live|access-date=23 December 2018}} It operates four IKEA stores in UAE, Qatar and Egypt.{{cite web|url=http://franchisor.ikea.com/ikea-franchisees/|title=Inter IKEA Systems B.V. - IKEA franchisees|date=29 November 2018|website=franchisor.ikea.com|archive-url=https://web.archive.org/web/20181223020939/http://franchisor.ikea.com/ikea-franchisees/|archive-date=23 December 2018|url-status=dead|access-date=23 December 2018}}

Ace Hardware: First opened in Dubai in 1991 by the group, Ace now trades in six locations in the United Arab Emirates including Dubai, Abu Dhabi, Ras Al Khaimah, and Al Ain. Each of the six stores are also certified as ‘Ace Helpful’ in keeping with global Ace standards.{{cite web|title=Al-Futtaim ACE launches its exclusive Ramadan collection|url= https://www.zawya.com/mena/en/press-releases/story/AlFuttaim_ACE_launches_its_exclusive_Ramadan_collection-ZAWYA20190501142816/|publisher=Zawya|accessdate=17 June 2019}}

Plug Ins: Consumer electronics store in the UAE.{{Cite web|title=Plug-Ins to open four more outlets this year|url=https://gulfnews.com/business/retail/plug-ins-to-open-four-more-outlets-this-year-1.1322338|access-date=2021-09-16|website=gulfnews.com|language=en}}

Orient: Founded by Al-Futtaim in 1982, Orient is the largest insurance company in the United Arab Emirates by financial capital, with up to 500 million AED (approx. 136.1 million USD). Headquartered in Dubai, it works with major clients in Abu Dhabi, Dubai, Sharjah, and Ras Al Khaimah, as well as Oman and Bahrain.{{cite web|url=https://www.insuranceuae.com/home/aboutus |title=Our Profile |publisher=Insuranceuae.com |date= |accessdate=2019-10-19}}

Toys "R" Us: The firm opened the U.A.E.'s first Toys "R" Us store in 1995, and owns and operates 19 Toys "R" Us and Babies "R" Us stores across Bahrain, Egypt, Kuwait, Oman, Qatar, and the United Arab Emirates.{{cite web |title=Toys R Us |url=http://www.alfuttaim.com/home/retail/brand/toys+r+us |website=Alfuttaim.com |accessdate=July 14, 2018 |archive-date=September 22, 2020 |archive-url=https://web.archive.org/web/20200922222351/https://www.alfuttaim.com/home/retail/brand/toys+r+us |url-status=dead }} Its stores were unaffected by the franchiser's 2018 bankruptcy in the United States.{{cite web|url=https://www.khaleejtimes.com/toys-r-us-uae-operations-unhit|title=Toys 'R' Us UAE operations unhit|last=John|first=Issac|date=September 20, 2017|work=Khaleej Times|accessdate=June 22, 2018| archive-url = https://web.archive.org/web/20171102151015/https://www.khaleejtimes.com/toys-r-us-uae-operations-unhit | archive-date = 2017-11-02 }}

Al-Futtaim's businesses also include Kolber Geneve{{Cite news|url=http://www.emirates247.com/business/corporate/al-futtaim-expands-watches-portfolio-2013-09-22-1.521952|title=Al-Futtaim expands watches portfolio|last=Staff|date=2013-09-22|work=Emirates 24/7|access-date=2018-05-30|language=en-GB}} and Westar.[http://www.emirates247.com/business/corporate/al-futtaim-watches-scouts-for-distributors-in-eu-2013-03-25-1.500021 Al-Futtaim Watches scouts for distributors in EU].

Marks and Spencer: In 2018 the group acquired the franchise rights to Marks and Spencer locations in Hong Kong and Macau.{{cite web|url=http://www.theguardian.com/business/2018/jan/02/marks-spencer-sells-hong-kong-macau-al-futtaim|title=Marks & Spencer sells Hong Kong stores as it retreats from overseas markets|date=2 January 2018|website=The Guardian}}{{cite news|url=https://www.ft.com/content/4e9b5222-efa5-11e7-b220-857e26d1aca4|title=M&S sells Hong Kong business to franchise partner|newspaper=Financial Times|date=2 January 2018 }}

In July 2008, Associated Motorways (Private) Ltd in Sri Lanka came under the management expertise of Al-Futtaim Engineering (AFE), a wholly-owned subsidiary of Al-Futtaim group.{{cite web|url=https://www.amwltd.com/about-us/|title=About us|publisher=AMW|access-date=7 June 2025}}

{{reflist}}

• {{official website|http://www.alfuttaim.com/home}}

Category:1930s establishments in the Trucial States

Category:Companies based in Dubai

Category:Companies established in the 1930s

Category:Conglomerate companies of the United Arab Emirates

Category:Financial services companies of the United Arab Emirates

Category:Multinational companies headquartered in the United Arab Emirates

Category:Retail companies of the United Arab Emirates