Majid Al Futtaim 'to restructure its board'

A special judicial committee in Dubai has reportedly asked the parent company of one of the region's retail giants to restructure its board, trying to end years of turmoil after the death of its billionaire founder and secure the future of the owner of the Mall of the Emirates.

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The changes at Majid Al Futtaim come as Dubai tries to guide the family-run businesses that powered the emirate's growth through generational change. Authorities also likely want to avoid any further infighting that could slow down the growth of a firm that long has made