UAE businessman Majid Al Futtaim, owner and founder of Majid Al Futtaim Holding, passed away on Friday, leaving a huge legacy behind.
Aldar Properties announced on Monday that five tech startups had been awarded pilot projects as part of the second cycle of its equity-free accelerator programme, Scale Up, alongside strategic partner Majid Al Futtaim Communities.
Sheikh Hamdan said on Twitter, “I was pleased to meet about 300 Emirati cadres who were recently employed in Majid Al Futtaim Company within the framework of the federal government program to raise the competitiveness of national cadres ‘Nafis.’
“There is a Special Judicial Committee whose role is to adjudicate potential legal disputes related to Majid’s estate and inheritance issues,” the company said in a statement. The committee won’t “oversee the company or its business,” it said.
A number of new shopping and entertainment destinations are opening their doors ahead of Eid Al Fitr for residents to enjoy their long Eid holidays.
Majid Al Futtaim, the leading shopping mall, communities, retail and leisure pioneer across the Middle East, Africa and Asia, has announced that it will be the Official Hotel Partner for the UK Pavilion at Expo 2020 Dubai.
Expressing his thanks and appreciation to Majid Al Futtaim following the group’s announcement that 3,000 jobs would be offered for Emiratis, Sheikh Mohammed stressed that there are companies that behave as partners in the country and others that want to use the country only to meet their own interests.
"Employing local talent is a priority at Majid Al Futtaim and we view it as a competitive advantage that is integral to our long-term success. We are proud to support the UAE Government’s vision to build the region’s most competitive economy," he concluded.
Al Futtaim Motors has unveiled a full-size version of the Toyota Land Cruiser 300 made of Lego parts, in a move aimed at immortalising the latest version of the car that has achieved legendary status among car enthusiasts in the UAE.