<> dir = "rtl" style = "text-align: justify;"> The UAE retail group, Majid Al Futtaim, achieved a slight increase in annual profits before calculating interest, taxes and depreciation to reach 4.6 billion dirhams.
According to ArabiaNet, this rise came as a result of a one percent increase in revenues to reach 35.2 billion dirhams.
The group's business was affected by the drop in property prices and the decline in business, but it maintained its positive outlook for improving market conditions this year.
The group owns and operates several malls in addition to the CARREFOUR store chain.
