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Majid Al Futtaim - 1 Ahmed Galal Ismail - 1 CNBC's Dan Murphy - 1
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☆ 'Sustainability is not just a technical challenge but a human challenge': Majid Al Futtaim CEO
  + stars: | 2023-12-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email'Sustainability is not just a technical challenge but a human challenge': Majid Al Futtaim CEOAhmed Galal Ismail, CEO of Majid Al Futtaim, stresses that "sustainability is not just a technical challenge but a human challenge" in conversation with CNBC's Dan Murphy at COP28.
Persons: Majid Al Futtaim, Ahmed Galal Ismail, CNBC's Dan Murphy Locations: COP28
☆ Dubai's Majid Al Futtaim cuts 105 jobs as new CEO makes mark
  + stars: | 2023-03-16 | by ( Hadeel Al Sayegh | ) www.reuters.com   time to read: +2 min
DUBAI, March 16 (Reuters) - Dubai's Majid Al Futtaim (MAF) has cut 105 jobs out of its total staff of 46,000, the Middle Eastern shopping mall developer and operator told Reuters, as its new CEO seeks to boost returns. Three sources familiar with the move said it was part of a restructuring following the abrupt removal of former chief executive Alain Bejjani in January. "These measured actions and continuous business-as-usual reviews enable Majid Al Futtaim to deliver competitive returns to our shareholders while maximising opportunities for value accretive, profitable and sustainable growth," it added. MAF was founded by Emirati businessman Majid Al Futtaim, whose death at the end of 2021 was announced by Dubai's ruler Sheikh Mohammed bin Rashid al-Maktoum, who paid tribute to him as one of the emirate's pioneers. Reporting by Hadeel Al Sayegh; Editing by David Goodman and Mark PotterOur Standards: The Thomson Reuters Trust Principles.
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