Majid Al Futtaim (MAF) has recorded Dh35b 2019 revenue

The Majid Al Futtaim Group has recorded Dh35.2 billion in 2019 revenues, which has increased one percent from the previous year. The company stated: ‘This was mainly due to the impact of challenging market conditions on revenue per available room (RevPAR) in the hotels business, despite outperforming the market in Dubai and a 3 per cent increase in room occupancy across the portfolio.’