Majid Al Futtaim

Majid Al Futtaim
Success Story
Majid Al Futtaim has invested USD2.5 billion in Egypt, expanding malls, Carrefour, and launching the EGP 15 billion Junction hub.

Since entering the Egyptian market in 1998, Majid Al Futtaim has established itself as a leading investor and developer, with more than USD2.5 billion invested across the retail, entertainment, and real estate sectors. The company has delivered some of Egypt’s most iconic destinations, including Mall of Egypt, City Centre Maadi, City Centre Alexandria, and City Centre Almaza, while also expanding the Carrefour brand to over 70 stores nationwide.

 

Majid Al Futtaim has played a transformative role in enhancing Egypt’s entertainment and leisure landscape, introducing attractions such as Magic Planet, VOX Cinemas, and Ski Egypt, which have redefined family experiences and lifestyle offerings.

 

Building on its growth trajectory, the company recently launched “Junction” in West Cairo—a fully integrated business and lifestyle hub spanning 129,000 sqm and developed with a direct investment of EGP 15 billion. The project is expected to create more than 8,000 direct and indirect jobs, further contributing to Egypt’s economic growth and urban development.

 

This continued expansion highlights Majid Al Futtaim’s strong confidence in Egypt’s investment climate and reinforces its long-term commitment to supporting the country’s vision for sustainable growth and modern urban living.