Dubai Shakes Up Mall of the Emirates Owner: Major Board Restructuring Announced

Post by : Bianca Suleiman

Dubai has ordered a major board restructuring at Majid Al Futtaim, the parent company of the iconic Mall of the Emirates. This move, led by a special judicial committee, aims to stabilize the company after years of internal turmoil and the passing of its billionaire founder. The new board will include both government and family representatives, reflecting Dubai’s push for stronger corporate governance and alignment with the city’s long-term economic vision. Majid Al Futtaim is a giant in the Gulf’s retail and real estate sector, with revenues topping $9 billion last year. The changes are designed to ensure the company’s continued growth, resolve internal disputes, and maintain its key role in Dubai’s economy. As one of the city’s top shopping and tourist destinations, the Mall of the Emirates could see its future reshaped by these leadership changes. In this video: Why Dubai ordered the board restructuring What this means for Mall of the Emirates and its parent company The impact on Dubai’s retail and real estate sector What to expect next for shoppers and investors Stay tuned for more updates on this developing story.

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