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Dubai News Club > Business > Dubai takes control of linchpin of emirate’s consumer economy
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Dubai takes control of linchpin of emirate’s consumer economy

Press Room
Last updated: 2025/06/08
Press Room
Published: June 8, 2025
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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Dubai has taken control of a linchpin of the emirate’s consumer economy, stepping in to overhaul its governance and resolve a troubled succession three years after its founder died.

A government-established “special judicial committee” — formed at the request of the 10 heirs of the founder of the eponymous Majid Al Futtaim group — has appointed a new board to…

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