Title: THE ALFUTTAIM GROUP
1THE AL-FUTTAIM GROUP AN OVERVIEW
2 Established in the 1930's, the Al-Futtaim Group
initially operated as a trading enterprise. Rapid
development throughout the 1940s and 50s saw it
establish itself regionally as an integrated
commercial, industrial and services organisation,
positioning itself one of the leading business
houses in the lower Gulf region. Today, it
operates collectively over 40 companies bearing
the Al-Futtaim name, dominates many market
segments in the UAE, and has expanded its sphere
of operation to include Bahrain, Kuwait, Qatar,
Oman and Egypt.
3The Group comprises a diverse range of
strategically positioned operating subsidiaries
and associate companies, structured to give the
Al-Futtaim Group the flexibility and versatility
to keep ahead of local competition while keeping
pace with the ever-evolving global business
scenario. The Groups continued investment in
world-class systems technology is clear evidence
of its commitment to maintain leading edge
performance and service delivery.
4The success of the Al-Futtaim Group can be
attributed to a business approach that combines
the ability to change with the traditional values
of integrity, service and social responsibility
that define its core business philosophy. This,
linked with the Groups belief in
decentralisation, gives the heads of the
operating companies a high degree of functional
autonomy and authority, providing the Group with
essential flexibility, and individual employees a
clearly defined work culture and sense of
responsibility.
5The Organisation
6The Al-Futtaim Group is divided into the
following operational divisions
Automotive Electronics Retail Services Ove
rseas Insurance Industries Real Estate
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8In addition to a diverse business portfolio which
comprises automotive, electronics, retail,
watches and jewellery, travel, construction,
engineering, marketing communications, logistics,
insurance and real estate, the Group has business
interests in Pakistan and Europe.
9The Al-Futtaim Group represents many of the
worlds leading brands, including Toyota, Lexus,
Honda, Volvo, Chrysler, Jeep and Dodge,
Panasonic, Toshiba, Sanyo, Aftron, Alcatel, IKEA,
Ace, Marks Spencer, Toys R Us, Seiko, Raymond
Weil, Westar, Kolber and Minato Pearls.
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11The latest, most innovative development
undertaken by Al-Futtaim is Dubai Festival City
a city within a city that covers 1,600 acres and
stretches along 4km of the Dubai Creek
shoreline. This unique waterfront development is
destined to become a globally renowned
destination, offering an eclectic, world-class
mix of entertainment, dining, shopping, a marina,
hotels, residential and office components. The 18
hole Al Badia Championship golf course opens in
2004 along with the first phase of residential
apartments and town houses
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13Any questions......?