Majid Al Futtaim CEO Seeks Opportunities That Add Value

The video discusses the evolution of consumer sentiment, highlighting positive trends despite challenges. It explores growth strategies through acquisitions, emphasizing the importance of last-mile delivery and omnichannel approaches. The speaker addresses potential investments, particularly in the ecommerce space, and the significance of enhancing the digital ecosystem. The impact of VAT implementation in the UAE is also discussed, with a focus on readiness and regulatory clarity.

How has consumer sentiment evolved since February according to the speaker?

• It is unpredictable.

• It is evolving positively.

• It has worsened significantly.

• It has remained stagnant.

What recent acquisition did the company make to enhance its lifestyle ecosystem?

• A new retail chain

• A last-mile delivery startup

• A technology firm

• A logistics company

What is the company's approach towards potential acquisitions in the e-commerce space?

• They are not interested in e-commerce.

• They are actively exploring opportunities.

• They are only focusing on physical retail.

• They have completed all planned acquisitions.

What is the company's stance on the upcoming VAT implementation in the UAE?

• They are indifferent to it.

• They are ready and see it as a responsibility.

• They plan to oppose it.

• They are unprepared for it.

How does the company view its role in the UAE's economic transition with VAT?

• As a major and responsible contributor

• As an indifferent entity

• As a reluctant participant

• As a minor player