Established in the 1930s as a trading business, Al-Futtaim is one of the most progressive regional business houses headquartered in Dubai. Al-Futtaim employs more than 42,000 people and operates in 31 countries through more than 200 companies. The group has expanded its business operations through a strategic acquisition plan, increasing its footprint beyond the Gulf Cooperation Council (GCC) countries and greater Middle East to encompass Asia, Australasia and East Africa. It is structured into four operational divisions: automotive, financial services, real estate and retail.