Search Site

Trends banner

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Aramco, unit and Sinopec ink $4bn deal

The two companies will establish a joint venture company.

Etihad unveils new A321LR aircraft

A321LR features First Suite - a private, enclosed space with a sliding door.

Ahmed Galal Ismail replaces Alain Bejjani as Majid Al Futtaim CEO

Ahmed Galal Ismail (left) and Alain Bejjani
  • Ismail had previously served as CEO of Majid Al Futtaim - Ventures and VP Strategy of Majid Al Futtaim Holding
  • Majid Al Futtaim reported revenue of AED 18 billion for the first half of 2022, an increase of 15 percent during the same period in 2021

Dubai, UAE — Dubai-based conglomerate Majid Al Futtaim Holding has appointed Ahmed Galal Ismail as its chief executive officer.

Ismail has replaced Alain Bejjani, who served the company for eight years.

As chief executive officer of Majid Al Futtaim – Properties, Ismail has been responsible for Majid Al Futtaim’s malls, hotels, communities and project management operations since 2018.

He previously served as CEO of Majid Al Futtaim – Ventures and VP Strategy of Majid Al Futtaim – Holding.

“I am committed to building on our strong, customer-focused strategy that has allowed us to deliver sustained growth. Our prudent financial discipline and strong governance mean that we are well-positioned to remain focused on sustainable value creation and creating great moments for everyone, everyday,” Ismail said.

Majid Al Futtaim reported revenue of AED 18 billion for the first half of 2022, an increase of 15 per cent compared to the same period during 2021.