Ahmed El Shamy
Chief Executive Officer Majid Al Futtaim Development
The move
MoveOrascom Development Holding → Majid Al Futtaim
TitleGroup Chief Financial Officer → Chief Executive Officer MAF Development
LocationDubai → Dubai
Career arcRecent arrival
Cross-border moveNo — same country
Years in UAE10.2
Total experience32.2 years
Majid Al Futtaim headcount10,001+ employees
Majid Al Futtaim industryRetail
Majid Al Futtaim HQDubai
Majid Al Futtaim founded1992
Majid Al Futtaim typePrivately Held
Career arc
- Chief Executive Officer MAF DevelopmentJul 2025 — Present
Majid Al Futtaim· Dubai, United Arab Emirates - Chief Executive Officer PropertiesJan 2023 — Nov 2025Majid Al Futtaim· United Arab Emirates· Full-time
- Chief Financial Officer PropertiesNov 2016 — Jan 2023Majid Al Futtaim· Dubai Emirate, United Arab Emirates
- Financial consultantJun 2016 — Oct 2016Majid Al Futtaim· Dubai Emirate, United Arab Emirates
- Member Board of DirectorsMar 2015 — Mar 2023
Savola Group· Egypt
- Founder and Board member, Head of M&AOct 2014 — Jan 2016MMisr for Glass Manufacturing
- Group Chief Financial OfficerJul 2012 — Sep 2013
Orascom Development Holding - Managing Director / CFOMay 2006 — May 2012
Citadel Capital SAE
- Chief Financial OfficerJan 2004 — Mar 2006
Fayrouz International
- Chief Financial OfficerMay 2000 — Dec 2003AAl Ahram Beverages Company-Heineken Egypt
- Finance Group ManagerAug 1992 — Apr 2000
Procter & Gamble· Belgium
Education
- Helwan University CairoBachelor of Arts (B.A.)1988 — 1992
- Armand Hammer United World CollegeInternational Baccalaureate1986 — 1988