Popular Swedish home furnishing and lifestyle retailer IKEA opened a new concept in Al Ain to bring convenience to its customers. The new showroom allows customers to view and order IKEA products and for items to be collected a few days later.
Al-Futtaim acquired CMC Motors Holdings Ltd in East Africa and is appointed distributor for Morgan Cars in the UAE. IKEA opens at Cairo Festival City, Egypt and M&S opens flagship store at Kuwait The Views. New brands BCBG Maxazria, Gaudi, The Kooples, Sandro and Maje are added to our retail portfolio.
Appointed sole distributor for IVECO in Saudi Arabia and Al-Futtaim Leasing is established in the UAE. Al-Futtaim Vehicle Rentals opens in Qatar and the first showroom for Lotus opens in the UAE. IKEA opens at Doha Festival City, Qatar, and British fashion brand F&F is launched in the UAE.
Acquired GUESS in Bahrain, Lebanon, Jordan, Kuwait, Oman, Saudi Arabia and the UAE. Acquired Esprit in Bahrain, Egypt, Saudi Arabia and the UAE, and ACE launches in Abu Dhabi at Yas Island. Al-Futtaim Auto Centers, Al-Futtaim Automotive Academy and Al-Futtaim Interiors are established in the UAE.