E-Paper
Sign In
UAE: 'No immediate plans' to close Carrefour operations, says Majid Al Futtaim
The Dubai-based retail giant closed Carrefour in Jordan, Oman, Bahrain and Kuwait, and replaced the supermarket with their grocery brand
- PUBLISHED: Wed 17 Sept 2025, 8:25 PM UPDATED: Thu 18 Sept 2025, 12:39 PM
There are no immediate plans to close Carrefour operations in the UAE, Majid Al Futtaim has said.
The Dubai-headquartered conglomerate, which owns the exclusive rights to operate the French grocery brand across the Middle East, Africa, and Asia, recently closed down Carrefour operations in three Gulf countries – Bahrain, Kuwait, and Oman – and Jordan.
Recommended For You
Stay up to date with the latest news. Follow KT on WhatsApp Channels.
In an interview with Dubai Eye’s Business Breakfast, Günther Helm, CEO of Majid Al Futtaim Retail, said, “In the UAE, there is, at the moment, no plan to do so.”
This marked the group’s first public comments on the closures. He said that closing the operations in four markets was not driven by the financial aspect, but rather to meet the needs of customers.
Majid Al Futtaim introduced HyperMax, its own grocery retail brand, in the four countries where it closed Carrefour stores.
In a statement to Khaleej Times, the company said it has “no immediate plans” to expand HyperMax to other markets.
Carrefour ceased operations in Bahrain and Kuwait this month, while Oman operations were closed in January 2025. In Jordan, the French retailer ceased operations last year.
The group now operates 60 HyperMax stores across the four markets. “Majid Al Futtaim continuously reviews its businesses to stay agile and responsive to evolving market dynamics,” it said in the statement to Khaleej Times. “In response to a growing demand for locally sourced products and services in a number of our markets, Majid Al Futtaim has launched HyperMax – an independently owned and operated grocery retailing brand. HyperMax’s mission is clear: bringing fresh and affordable locally sourced products to our customers in Jordan, Oman, Bahrain, and Kuwait, while delivering a modern, customer-first shopping experience.”
