Debating bricks or clicks with Majid Al Futtaim Properties CEO Ahmed Galal Ismail
From Making It by The Enterprise Company
October 28, 2020 · 43 min · Season 3
About this episode
Ahmed Galal Ismail discusses the contrasting growth of brick and mortar retail in emerging markets compared to developed markets.
With brick and mortar retail seeing declining growth in developed markets fueled by competition from e-commerce, Majid Al Futtaim tells a story that might look a little different in emerging markets. Malls here still see growing popularity and Majid Al Futtaim’s retail brands are household names in Egypt and the region. Ahmed Galal Ismail led Majid Al Futtaim Ventures for 10 years prior to his current role. Today, Ismail leads Majid Al Futtaim Properties, the arm responsible for malls, hotels, communities and project management within the conglomerate. His tenure managing the fashion, cinema and entertainment arms of the business equipped him with a critical ethos - solving for experience and not function. ** Subscribe to Enterprise, our 6am briefing on business, finance and economics in Egypt (also free) at www.enterprise.news . Making It is grateful for the generous support of: CIB , Egypt’s number-one private-sector bank and the partner of choice for CEOs and leaders of businesses at all stages of their growth stories. The United States Agency for International Development , which has a 40 year history of inspiring Egyptian success in partnership with the…
People in this episode
Guest: Ahmed Galal Ismail
Topics covered
- retail
- e-commerce
- emerging markets
- mall management
- business strategy
Keywords
- Majid Al Futtaim
- retail brands
- Egypt
- competition
- consumer experience
Sponsors
CIB, USAID
Mentioned in this episode
Products: Majid Al Futtaim Properties, CIB
Places: Egypt
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