UAE businessman Majid Al Futtaim passes away
Agencies | Riyad
The Daily Tribune – www.newsofbahrain.com
Emirati businessman Majid Al Futtaim has passed away.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Vice-President and Prime Minister of the UAE and Ruler of Dubai paid tribute to the Futtaim on Twitter, hailing him as "one of Dubai's most important" business leaders.
Al Futtaim's death was announced today.
Sheikh Mohammed noted that one of Al Futtaim's most significant announcements recently was his decision to hire 3,000 Emiratis over the next five years.
Al Futtaim is the owner and founder of the Majid Al Futtaim Group, which he founded in 1992. Al Futtaim's most notable properties in the UAE include the Mall of the Emirates and Mirdif City Centre.
In April 2021, Forbes’ 35th Annual World Billionaires named him as among the world's top 10 richest Arabs.
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