Al-Futtaim Group Company Description
It would be futile to summarize Al-Futtaim Private Company's many activities in a sentence. The company, which often operates under the Al-Futtaim Group name, is a conglomerate in every sense of the word. The group consists of 40-plus subsidiary units operating through eight divisions including automotive, electronics, insurance, services, real estate, and retail, both within and beyond the United Arab Emirates. Various group companies sell cars, manufacture electronics, offer insurance, and develop retail and resort properties. In partnership with the UK's Marks and Spencer Group the company operates Marks & Spencer department stores in several Arab countries. The group began operations in the 1930s.
View the Comprehensive Company Description for Al-Futtaim Group
The Company Description provides a historical perspective of Al-Futtaim Group's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Al-Futtaim Group's evolution in the marketplace.
