Majid Al Futtaim CEO Sees Path to Doubling Equity Value Over 5 to 7 Years

According to CNBC, Majid Al Futtaim Group CEO Ahmed Galal Ismail said the retail and real estate group sees a path to doubling its equity value over the next five to seven years despite regional conflict. He also said the privately held company is pressing ahead with a nearly $30 billion development pipeline and plans to keep investing in technology and artificial intelligence, while expanding in Saudi Arabia, Egypt and East Africa.