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UAE - Majid Al Futtaim, the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa, announced an exciting win for its financial service provider arm, Majid Al Futtaim Finance. Majid Al Futtaim Finance has been awarded "Best Prepaid Service Provider in the Middle East 2015" for the fourth consecutive year at this year's prestigious Prepaid Middle East Awards.
The Prepaid Middle East Awards is one of the key awards for the prepaid finance industry which looks to award and recognize players in the cashless payment industry who have made significant contributions to the development of the sector.
Rasool Hujair, Chief Executive Officer, at Majid Al Futtaim Finance, said: "We are delighted to be awarded the Best Prepaid Service Provider in the Middle East once again. This award is yet another demonstration of our commitment to becoming the prepaid card and credit card solutions provider of choice for businesses in the UAE and across the region."
He added: "At Majid Al Futtaim Finance, we offer a wide range of convenient and versatile prepaid solutions for both businesses and consumers to not only make their lives easier but to also ensure they enjoy and share great moments, every day."
Majid Al Futtaim Finance has a vast distribution network spanning the UAE and Bahrain with plans to expand to Egypt, Oman and Qatar, placing it as an industry leader. In the UAE, Majid Al Futtaim Finance is present in more than 1500 locations including Carrefour Hypermarkets, Geant, petrol stations and self-service kiosks offering customers the flexibility to purchase new prepaid cards or top them up at the location of their choice.
The company was also the most nominated at this year's event, having been shortlisted for six categories in total including the Prepaid Product Innovation of the Year, Prepaid Marketing Campaign of the Year, Gift/Incentive Card Open and Closed-loop Programme of the Year, Best Corporate/Government Prepaid Programme and Cards International Financial Inclusion Award.
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About Majid Al Futtaim Finance LLC
Majid Al Futtaim Finance LLC is a 100% owned subsidiary of Majid Al Futtaim Ventures. The objective of this venture is to fulfil our vision of becoming the consumer's credit card and prepaid card of choice. Majid Al Futtaim Finance LLC currently issues VISA credit cards and prepaid cards in the UAE and has plans to expand across the Middle East & North Africa.
About Majid Al Futtaim
Founded in 1992, Majid Al Futtaim is the leading shopping mall, retail and leisure pioneer across the Middle East and North Africa (MENA).
A remarkable business success story, Majid Al Futtaim started from one man's vision to transform the face of shopping, entertainment and leisure to 'create great moments for everyone, every day'. It has since grown into one of the United Arab Emirates' most respected and successful businesses spanning 12 international markets, employing 27,000 people, and achieving the highest credit rating (BBB) among privately-held corporates in the Middle East.
Majid Al Futtaim owns and operates 17 shopping malls, 11 hotels and three mixed-use communities in MENA, with further developments underway in the region. The shopping malls portfolio includes Mall of the Emirates, City Centre malls, and also four community malls which are in joint venture with the Government of Sharjah. It holds exclusive rights to the Carrefour franchise in 38 markets across Middle East, Africa and Central Asia, operating a portfolio of over 55 hypermarkets and over 65 supermarkets in 12 countries.
Majid Al Futtaim operates 129 VOX Cinema screens and 17 Magic Planets across the region, in addition to iconic leisure and entertainment facilities such as Ski Dubai and iFly Dubai, among others. Majid Al Futtaim launched the first LEGO-certified store in the Middle East and is parent to the consumer finance company issuing 'Najm' credit cards, a fashion retail business representing international brands such as Abercrombie & Fitch, Juicy Couture and Halston Heritage, and a healthcare business. In addition, it also has a joint venture operation with Dalkia and has recently expanded into food and beverage in partnership with Gourmet Gulf.
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Media Contact:
Carine Arif
Weber Shandwick
Email: carif@webershandwick.com
Tel: 052 789 9427
© Press Release 2015
