date:Mar 11, 2014
alf of 2013 hit $3 billion, a 10 percent rise compared to the same period in 2012.
Majid Al-Futtaim, with total assets valued at over $10.6 billion, announced in May 2013 its full ownership of the Carrefour franchise in the MENA region, after already having purchased a 25 percent minority stake in the renowned worldwide retailer. The company stated that the acquisition was worth $682.6 million.