Majid Al Futtaim<\/a> to deliver competitive returns to our shareholders while maximising opportunities for value accretive, profitable and sustainable growth,\u201d it added.<\/p>\nMAF appointed long-time insider Ahmed Galal Ismail as chief executive in January, replacing Bejjani after eight years in the role.<\/p>\n
The privately held company on March 6 reported a 12 per cent increase in 2022 revenue to Dh36.3 billion ($9.89 billion), and a two per cent decline in net profit to Dh2.4 billion.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"Majid Al Futtaim has cut more than 100 jobs in Dubai, the company told Reuters.\u00a0<\/p>\n","protected":false},"author":42,"featured_media":22249,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[626,3944],"_links":{"self":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/22248"}],"collection":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/users\/42"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/comments?post=22248"}],"version-history":[{"count":4,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/22248\/revisions"}],"predecessor-version":[{"id":22263,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/22248\/revisions\/22263"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media\/22249"}],"wp:attachment":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media?parent=22248"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/categories?post=22248"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/tags?post=22248"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}