Dubai, United Arab Emirates : Al-Futtaim, one of the most diversified and progressive privately held companies in the region, headquartered in Dubai, has announced the appointment of Wassim Arabi as Head of Retail, a strategic move that reflects the group's commitment to continuing its transformation and ongoing growth .

Wassim Arabi brings over 30 years of experience in the retail and mall management sectors, most recently serving as Group CEO of Emaar Malls and Emaar Entertainment. His proven leadership track record, including long-term senior positions at Alshaya Group, positions him well to lead the retail division into a new phase of accelerated growth, driven by a vision fueled by innovation .

Commenting on his appointment, Wassim Arabi said: “I am honored to join Al-Futtaim at this pivotal stage of its journey. The retail division has a strong heritage in the region, and I look forward to working with the team to drive innovation, enhance customer experiences, and help shape the future of the retail sector for the benefit of our partners and communities .”

Wassim's appointment reflects Al-Futtaim's ongoing commitment to investing in leadership talent capable of keeping pace with the rapid transformations in the retail sector, driving digital transformation, and achieving tangible impact across its diverse portfolio of brands .

David Henderson, Chief Human Resources Officer at Al-Futtaim, said: “Waseem joins us at a pivotal time for the retail division, as we accelerate our transformation and focus on delivering exceptional customer experiences. His deep experience and proven track record are ideal qualifications for this next phase. This appointment also reflects our ongoing commitment to attracting visionary and experienced leaders who can drive growth and innovation across our businesses .”

About Al-Futtaim

Founded in the 1930s as a trading company, Al-Futtaim is today one of the most diversified and growing private companies in the region, headquartered in Dubai, United Arab Emirates .

Al-Futtaim has operations in 18 countries across the Middle East, North Africa, and Asia, across key sectors including automotive, financial services, real estate, retail, and healthcare. Al-Futtaim's vision is to improve the quality of life for individuals and communities by creating practical solutions with an ambitious vision for the future.

Al-Futtaim employs approximately 33,000 people and operates a portfolio of over 200 of the world's most trusted brands, including Toyota, Lexus, IKEA, ACE, Marks & Spencer, and many more. Al-Futtaim's approach to business is focused on delivering sustainable value for customers, with a significant focus on digital innovation, artificial intelligence, sustainable growth, strategic partnerships, and empowering its people. Al-Futtaim's integrated business model positions it as a trusted partner to its stakeholders, enabling its customers, partners, and the community to meet the needs of today while looking to the future.

Al-Futtaim is built on its long-standing corporate values of respect, excellence, cooperation, and integrity, building on its rich legacy that embodies its responsibility to individuals, society, and the environment.

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