Al-Futtaim Group

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Al-Futtaim Group
HeadquartersDubai, United Arab Emirates
Key people
Omar Al Futtaim (CEO), Abdulla Al Futtaim (owner)
Number of employees
over 42,000 (2017)[1]
SubsidiariesKolber Geneve

The Al-Futtaim Group is a large conglomerate operating in the United Arab Emirates.


The group was founded in the 1930s and expanded rapidly in the 1940s and 1950s becoming an integrated commercial, industrial, and services organization.[2]

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).[3]

In September 2013, the group bid $86 million to take full control of the Nairobi-based car retailer CMC Holdings.[4]


Al-Futtaim Group employs over 44,000 people[5] and operates eight divisions comprising automotive, electronics, insurance, services, real estate, retail, industries, and overseas.[6] 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.[7]

In 2007, Forbes said Al Futtaim's conglomerate was so large and profitable that it could account for up to 15% of Dubai's gross domestic product.[8]

The CEO of Al-Futtaim Group was Robert Willett[9] until he suddenly resigned in January 2011. After that Omar Al-Futtaim became a Board Member, CEO and Vice Chairman [10][11]


Al-Futtaim's businesses include Kolber Geneve[12] and Westar.[13]

Al Futtaim Motors[edit]

In 1955, Al-Futtaim Motors was established and is the exclusive distributor of Toyota, Lexus, Hino trucks and Toyota Material Handling equipment in the UAE.[14]

Robinsons & Co.[edit]

In April 2008, the Al-Futtaim Group bought 88% of the shares of Robinsons & Co. at S$7.20 per share.[15][16]


The Al-Futtaim Group holds the franchise rights to operate IKEA stores in UAE, Qatar, Egypt and Oman.[17] It operates four IKEA stores in UAE, Qatar and Egypt.[18]


In Dubai in 1991 by Al-Futtaim group, ACE now trades in six locations in the UAE including Dubai, Abu Dhabi, RAK & Al Ain. Each of the 6 stores are also certified as ‘ACE Helpful’ in keeping with global ACE standards.[19]


  1. ^ Al Futtaim Group: Home
  2. ^ "Al Futtaim Group: Profile". Archived from the original on 2010-02-04. Retrieved 2010-01-23.
  3. ^ Arabian Business Rich List
  4. ^ Dubai's Al Futtaim offers $86 million for Kenyan car retailer, International: Reuters, 2013
  5. ^ "". Retrieved 2018-05-30.
  6. ^ Hoovers
  7. ^ 2010 List - Abdulla Al Futtaim Forbes
  8. ^ "#287 Abdulla Al Futtaim". Forbes. 8 March 2007. Archived from the original on 10 March 2007. Retrieved 23 December 2018.
  9. ^ Al Futtaim Group announces Robert Willett as new CEO Gulf News, 14 June 2010
  10. ^ Al-Futtaim Group Company Profiel, 24 November 2012
  11. ^ "Omar Abdulla Al Futtaim: Executive Profile & Biography - Bloomberg". Retrieved 2018-05-30.
  12. ^ Staff (2013-09-22). "Al-Futtaim expands watches portfolio". Emirates 24|7. Retrieved 2018-05-30.
  13. ^ Al-Futtaim Watches scouts for distributors in EU.
  14. ^ "ABOUT AL-FUTTAIM MOTORS". AL-FUTTAIM MOTORS. Al-Futtaim Motors Company LLC. Retrieved 7 July 2015.
  15. ^ Nolan, Lynne. "Al-Futtaim acquires Robinson and Company". Arabian Business Publishing Ltd. Retrieved 7 July 2015.
  16. ^ Wong, Ai Ai. "Al-Futtaim Group Takeover of Robinsons". Baker & McKenzie. Baker & McKenzie. Archived from the original on 2015-07-10. Retrieved 7 July 2015.
  17. ^ Deulgaonkar, Parag (19 March 2017). "UAE's Al-Futtaim plans new Ikea stores in Middle East". Archived from the original on 23 December 2018. Retrieved 23 December 2018.
  18. ^ "Inter IKEA Systems B.V. - IKEA franchisees". 29 November 2018. Archived from the original on 23 December 2018. Retrieved 23 December 2018.
  19. ^ "Al-Futtaim ACE launches its exclusive Ramadan collection". Zawya. Retrieved 17 June 2019.

External links[edit]