التكنولوجيا وأخبارها بوابة مصر لأخبار تكنولوجيا المعلومات والإتصالات وفي أفريقيا كما تعتبر مصدر رئيسي للمعلومات حول تكنولوجيا المعلومات والاتصالات والفرص الاستثمارية المرتبطة بالاقتصاد الرقمي في المنطقة بالكامل
Majid Al Futtaim has announced its full-year 2025 financial results, reporting exceptional growth across key financial metrics and achieving its strongest balance sheet in over a decade. The milestone year coincides with the Group’s 30th anniversary, marking three decades of developing integrated destinations across the Middle East, Africa, and Central Asia.
For the year ending 31 December 2025, the Group recorded total revenue of AED 35.9 billion, reflecting a 6% year-on-year increase. EBITDA rose by 10% to AED 5.1 billion, surpassing the AED 5 billion threshold for the first time in the company’s history.
Strong Net Profit Growth
The Group reported a 41% increase in net profit, reaching AED 3.6 billion, including valuation gains. Excluding these gains, net profit climbed 48% to AED 2.3 billion, driven by disciplined capital allocation, operational efficiency, and a diversified, high-quality business portfolio.
Robust Balance Sheet and Cash Flow
Majid Al Futtaim generated AED 3.5 billion in free cash flow during 2025, representing a 25% annual increase. This strong cash generation enabled the Group to reduce net debt by 15% to AED 11.9 billion. The net debt-to-equity ratio improved to 32%, its lowest level in more than ten years.
With total assets reaching AED 71 billion, the Group is entering its next growth phase from a position of financial strength, supported by a diversified development pipeline and strategic reinvestments, including the AED 5 billion transformation of Mall of the Emirates.
Successful Capital Market Activity
In October 2025, the company returned to global debt markets with a USD 500 million 10-year Sukuk issuance, attracting strong investor demand exceeding USD 2 billion and achieving its tightest spread to date. This was followed in November by a USD 500 million hybrid bond issuance and a tender to repurchase USD 590 million of existing perpetual notes.
Both Standard & Poor’s and Fitch Ratings reaffirmed the Group’s ‘BBB’ credit rating with a stable outlook, citing its financial resilience and disciplined capital management.
UAE Market Drives Growth
Revenue from the United Arab Emirates grew by 11% to exceed AED 22 billion, underlining the strength of the Group’s core market and benefiting from robust economic and population growth.
Strong Performance Across Business Segments
The shopping malls and hotels division delivered a 6% increase in revenue to AED 4.8 billion, supported by occupancy rates exceeding 98% and a 6% rise in footfall.
The real estate development segment posted a 33% revenue increase to AED 5.8 billion, driven by strong demand for residential communities.
Meanwhile, the entertainment division saw revenues grow by 9% to AED 1.9 billion, with cinema revenues rising 13% due to strong box office performance and premium offerings.
Accelerated Digital and Retail Growth
E-commerce revenue rose by 20% to AED 3.2 billion, supported by a 38% increase in quick commerce and a 47% surge in Precision Media revenues, highlighting rapid digital adoption and monetisation.
The Group also expanded its grocery retail footprint by launching HyperMax in Oman, Bahrain, and Kuwait, alongside SAVA, a modern Emirati discount retail concept.
Expansion of Lifestyle and Global Brand Partnerships
Revenue from lifestyle brands increased by 14% to AED 1.5 billion, driven by strong fashion performance and new luxury brand launches. The Group expanded its partnership with Abercrombie & Fitch and strengthened its omnichannel presence through new e-commerce platforms for Abercrombie & Fitch and Hollister across key Gulf markets.
Additionally, new global brands such as PacSun and Tartine et Chocolat entered the region through the Group’s platform.
Growth of SHARE Loyalty Programme
The SHARE loyalty programme continued its rapid expansion, surpassing 10.3 million members in 2025. Engagement was further enhanced through the launch of two co-branded credit cards in partnership with Emirates NBD, Abu Dhabi Islamic Bank, and Visa.
Sustainability at the Core
Sustainability remains a central pillar of Majid Al Futtaim’s strategy. The Group received multiple accolades at the 2025 MENA Green Building Awards, including “Sustainable Developer of the Year.”
Its shopping malls became the first in the region to achieve global sustainability certifications across the entire owned portfolio, including 18 LEED Platinum and 4 LEED Gold certifications. Additionally, eight sites earned WELL Health-Safety Certification, reflecting adherence to global standards for environmental quality and occupant wellbeing.
Leadership Commentary
Fadel Abdulbaqi Al Ali, Chairman of the Board, highlighted that the Group’s record performance reflects the strength of its growth strategy and corporate governance, positioning it for continued long-term value creation.
Ahmed Galal Ismail, CEO, described 2025 as a defining year, emphasizing that the company achieved its strongest financial performance ever, driven by disciplined execution and a diversified portfolio. He also reaffirmed the Group’s commitment to long-term investment across key markets, including the UAE, Saudi Arabia, and Egypt.
Majid Al Futtaim has announced its full-year 2025 financial results, reporting exceptional growth across key financial metrics and achieving its strongest balance sheet in over a decade. The milestone year coincides with the Group’s 30th anniversary, marking three decades of developing integrated destinations across the Middle East, Africa, and Central Asia.
For the year ending 31 December 2025, the Group recorded total revenue of AED 35.9 billion, reflecting a 6% year-on-year increase. EBITDA rose by 10% to AED 5.1 billion, surpassing the AED 5 billion threshold for the first time in the company’s history.
Strong Net Profit Growth
The Group reported a 41% increase in net profit, reaching AED 3.6 billion, including valuation gains. Excluding these gains, net profit climbed 48% to AED 2.3 billion, driven by disciplined capital allocation, operational efficiency, and a diversified, high-quality business portfolio.
Robust Balance Sheet and Cash Flow
Majid Al Futtaim generated AED 3.5 billion in free cash flow during 2025, representing a 25% annual increase. This strong cash generation enabled the Group to reduce net debt by 15% to AED 11.9 billion. The net debt-to-equity ratio improved to 32%, its lowest level in more than ten years.
With total assets reaching AED 71 billion, the Group is entering its next growth phase from a position of financial strength, supported by a diversified development pipeline and strategic reinvestments, including the AED 5 billion transformation of Mall of the Emirates.
Successful Capital Market Activity
In October 2025, the company returned to global debt markets with a USD 500 million 10-year Sukuk issuance, attracting strong investor demand exceeding USD 2 billion and achieving its tightest spread to date. This was followed in November by a USD 500 million hybrid bond issuance and a tender to repurchase USD 590 million of existing perpetual notes.
Both Standard & Poor’s and Fitch Ratings reaffirmed the Group’s ‘BBB’ credit rating with a stable outlook, citing its financial resilience and disciplined capital management.
UAE Market Drives Growth
Revenue from the United Arab Emirates grew by 11% to exceed AED 22 billion, underlining the strength of the Group’s core market and benefiting from robust economic and population growth.
Strong Performance Across Business Segments
The shopping malls and hotels division delivered a 6% increase in revenue to AED 4.8 billion, supported by occupancy rates exceeding 98% and a 6% rise in footfall.
The real estate development segment posted a 33% revenue increase to AED 5.8 billion, driven by strong demand for residential communities.
Meanwhile, the entertainment division saw revenues grow by 9% to AED 1.9 billion, with cinema revenues rising 13% due to strong box office performance and premium offerings.
Accelerated Digital and Retail Growth
E-commerce revenue rose by 20% to AED 3.2 billion, supported by a 38% increase in quick commerce and a 47% surge in Precision Media revenues, highlighting rapid digital adoption and monetisation.
The Group also expanded its grocery retail footprint by launching HyperMax in Oman, Bahrain, and Kuwait, alongside SAVA, a modern Emirati discount retail concept.
Expansion of Lifestyle and Global Brand Partnerships
Revenue from lifestyle brands increased by 14% to AED 1.5 billion, driven by strong fashion performance and new luxury brand launches. The Group expanded its partnership with Abercrombie & Fitch and strengthened its omnichannel presence through new e-commerce platforms for Abercrombie & Fitch and Hollister across key Gulf markets.
Additionally, new global brands such as PacSun and Tartine et Chocolat entered the region through the Group’s platform.
Growth of SHARE Loyalty Programme
The SHARE loyalty programme continued its rapid expansion, surpassing 10.3 million members in 2025. Engagement was further enhanced through the launch of two co-branded credit cards in partnership with Emirates NBD, Abu Dhabi Islamic Bank, and Visa.
Sustainability at the Core
Sustainability remains a central pillar of Majid Al Futtaim’s strategy. The Group received multiple accolades at the 2025 MENA Green Building Awards, including “Sustainable Developer of the Year.”
Its shopping malls became the first in the region to achieve global sustainability certifications across the entire owned portfolio, including 18 LEED Platinum and 4 LEED Gold certifications. Additionally, eight sites earned WELL Health-Safety Certification, reflecting adherence to global standards for environmental quality and occupant wellbeing.
Leadership Commentary
Fadel Abdulbaqi Al Ali, Chairman of the Board, highlighted that the Group’s record performance reflects the strength of its growth strategy and corporate governance, positioning it for continued long-term value creation.
Ahmed Galal Ismail, CEO, described 2025 as a defining year, emphasizing that the company achieved its strongest financial performance ever, driven by disciplined execution and a diversified portfolio. He also reaffirmed the Group’s commitment to long-term investment across key markets, including the UAE, Saudi Arabia, and Egypt.
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