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Holding Company
al-futtaim.ae

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Investments

1

Partners & Customers

3

About Al-Futtaim Group

Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai, United Arab Emirates.Al-Futtaim operates through more than 65 companies across sectors as diverse as commerce, industry and services, and employs in excess of 20,000 people across the UAE, Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, Egypt, Pakistan, Sri Lanka, Syria, Singapore and Europe.

Al-Futtaim Group Headquarter Location

P. O. Box 152

Dubai,

United Arab Emirates

+9714 2177777

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Latest Al-Futtaim Group News

Orient Insurance: 24.4 million dirhams, the value of the deal to...

Dec 5, 2021

... Dubai – Mubasher: The company said “Orient Insurance” A subsidiary of Al-Futtaim Group, and listed on the Dubai Financial Market, the total value of the deal to buy a stake in Bank “Abu Dhabi Commercial” Orient Takaful Insurance Company amounted to 24.5 million dirhams. She explained that the reason for executing this deal is to increase its share in the Egyptian insurance market, benefit from the increasing growth and support its current contribution to the same company, according to a company statement on the Dubai Financial Market. It confirmed that there was no impact of the purchase deal on its operations and financial position; As the value of the transaction represents a small percentage of its capital as well as its bank deposits. Orient Insurance Company announced earlier the purchase of a 20% stake in Orient Takaful Insurance, owned by the Abu Dhabi Commercial Bank Group.“. net profit rose Orient Insurance Company , listed on the Dubai Financial Market in the first half of this year on an annual basis by 3%. The company’s profits amounted to about 270 million dirhams in the first six months of this year, and the reason for the growth of the half-profits is due to the rise in net insurance income by 5.5 percent, and the recording of profits from its share of associate companies. Recommendations:

Al-Futtaim Group Investments

1 Investments

Al-Futtaim Group has made 1 investments. Their latest investment was in The Entertainer as part of their Corporate Minority - II on July 7, 2018.

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Al-Futtaim Group Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

7/29/2018

Corporate Minority - II

The Entertainer

Yes

2

Date

7/29/2018

Round

Corporate Minority - II

Company

The Entertainer

Amount

New?

Yes

Co-Investors

Sources

2

Al-Futtaim Group Acquisitions

2 Acquisitions

Al-Futtaim Group acquired 2 companies. Their latest acquisition was Marks & Spencer - Hong Kong & Macau on January 02, 2018.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/2/2018

$99M

Acquired Unit

1

2/17/2014

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$99M

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10

Date

1/2/2018

2/17/2014

Investment Stage

Companies

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Valuation

$99M

$99M

Total Funding

Note

Acquired Unit

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Sources

1

10

Al-Futtaim Group Partners & Customers

3 Partners and customers

Al-Futtaim Group has 3 strategic partners and customers. Al-Futtaim Group recently partnered with Kingfisher on March 3, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

3/9/2021

Licensor

Kingfisher

United Kingdom

Kingfisher announces the signing of a franchise agreement with the Al-Futtaim Group to expand B&Q in the Middle East

Kingfisher plc , the international home improvement retailer , today announces the signing of a franchise agreement with the Al-Futtaim Group to expand B&Q in the Middle East , with a first step being the opening of B&Q franchised stores in Saudi Arabia .

2

9/27/2020

Vendor

Tabby

United Arab Emirates

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10

4/19/2018

Partner

InterContinental Hotels Group

United Kingdom

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10

Date

3/9/2021

9/27/2020

4/19/2018

Type

Licensor

Vendor

Partner

Business Partner

Kingfisher

Tabby

InterContinental Hotels Group

Country

United Kingdom

United Arab Emirates

United Kingdom

News Snippet

Kingfisher announces the signing of a franchise agreement with the Al-Futtaim Group to expand B&Q in the Middle East

Kingfisher plc , the international home improvement retailer , today announces the signing of a franchise agreement with the Al-Futtaim Group to expand B&Q in the Middle East , with a first step being the opening of B&Q franchised stores in Saudi Arabia .

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Sources

2

10

10

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