Veteran Emirati executive steps into leadership role as the group enters its fourth decade, honoring Sir Michael Rake’s legacy and steering a $19 billion regional powerhouse into the future. Majid Al Futtaim Holding, the UAE-based conglomerate renowned for transforming retail, real estate, and entertainment across the Middle East, Africa, and Asia, has announced the appointment of Fadel Abdulbaqi Al Ali as chairman of its holding board. The appointment, confirmed Tuesday, marks a significant leadership transition as Sir Michael Rake steps down after nearly two decades of service, including 15 years as chairman. With over 43,000 employees and more than 600 … Continue reading Majid Al Futtaim Appoints Fadel Abdulbaqi Al Ali as Chairman, Marking a New Chapter of Strategic Growth