Majid Al Futtaim Holding

Majid Al Futtaim Group is an Emirati holding company established in 1992 and headquartered in Dubai. The company is engaged in the ownership and operation of shopping malls, retail stores, entertainment venues, and leisure facilities across the United Arab Emirates and the broader Middle East region. It has developed a diverse portfolio that includes well-known retail brands and entertainment experiences, contributing significantly to the retail and leisure landscape in the area. By focusing on creating innovative and engaging environments, Majid Al Futtaim aims to enhance the customer experience and drive growth in the sectors it operates.

Iyad Malas

CEO

6 past transactions

Baly

Seed Round in 2022
Baly is a mobile application offering car booking services and food/grocery delivery. It provides affordable taxi services with diverse options and accepts electronic payments.

Wadi

Acquisition in 2019
Wadi is an online marketplace that serves the residents of Saudi Arabia and the United Arab Emirates, providing a diverse selection of products for consumers. The platform connects shoppers with various vendors across the Gulf Cooperation Council, facilitating competitive pricing and deals. Wadi's focus is on creating a seamless online shopping experience, offering features such as detailed product descriptions, customer reviews, and prompt delivery services. By emphasizing an engaging shopping experience akin to visiting a physical store, Wadi aims to simplify the process of selecting and purchasing items across numerous categories.

Wadi

Series B in 2018
Wadi is an online marketplace that serves the residents of Saudi Arabia and the United Arab Emirates, providing a diverse selection of products for consumers. The platform connects shoppers with various vendors across the Gulf Cooperation Council, facilitating competitive pricing and deals. Wadi's focus is on creating a seamless online shopping experience, offering features such as detailed product descriptions, customer reviews, and prompt delivery services. By emphasizing an engaging shopping experience akin to visiting a physical store, Wadi aims to simplify the process of selecting and purchasing items across numerous categories.

Dreamscape Immersive

Series B in 2017
Founded in 2016, Dreamscape Immersive specializes in location-based virtual reality software, combining cinematic storytelling with theme park ride thrills. It offers immersive VR experiences at locations worldwide.

Fetchr

Series B in 2017
Fetchr is a logistics and shipping services provider that focuses on enabling local merchants and global brands to establish and expand profitable eCommerce operations. The company addresses the challenges posed by the lack of physical addresses in emerging markets by utilizing an innovative app that employs GPS technology to accurately pinpoint delivery locations. This technology facilitates both domestic and international shipments, allowing Fetchr to streamline the courier process through automation and predictive machine learning, enhancing overall efficiency. By offering a user-friendly solution, Fetchr simplifies the shipping experience, making it easier for clients to dispatch goods globally.
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