The Al-Futtaim Group is an Emirati conglomerate based in Dubai, United Arab Emirates. Founded in the 1930s and expanded rapidly in the 1940s and 1950s, it became an integrated commercial, industrial, and services organization. The group employs over 40,000 people from more than 100 nationalities and operates in over 20 countries across the Middle East, North Africa, the Commonwealth of Independent States, and Asia.
Al-Futtaim operates eight divisions comprising automotive, electronics, insurance, services, real estate, retail, industries, and overseas. Al Futtaim Motors, established in 1955, is the exclusive distributor of Toyota, Lexus, Hino trucks and Toyota Material Handling equipment in the UAE. The group holds the franchise rights to operate IKEA stores in the UAE, Qatar, Egypt and Oman. Its portfolio spans key sectors including automotive, financial services, real estate, retail, health, and education, with a focus on innovation, customer-centric solutions, and sustainable growth.
Recently, Al-Futtaim acquired a 49.95% stake in Cenomi Retail, Saudi Arabia's leading retail brand partner, for a total consideration of SAR 2.52 billion. In September 2022, the group was listed by Forbes in the Middle East's Top 100 Arab Family Businesses, ranking third.
Facts compiled by Executive Moves from publicly available news and press releases on 10 June 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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