Technology / WORLD

Majid Al Futtaim CEO says AI influences about 9% of customer transactions

Majid Al Futtaim Holding CEO Ahmed Galal Ismail said AI agents play a role in about 9% of the group’s customer transactions through recommendations, choices or purchase direction. WAM’s 15 October report quotes him at the Sharjah Investment Forum saying the share was virtually zero a few months earlier.

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Ismail also said 25% of the group’s retail business takes place online, a different measure from AI-influenced transactions. He described stronger demand for value amid inflationary pressure alongside continued interest in malls’ social and entertainment experiences. The figures are the CEO’s statements about group operations, rather than UAE-wide statistics.

Data

Key figures

Group indicators stated by CEO

Forum report dated 15 October

Share of AI-influenced customer transactions
≈9 %
2026-10-15 · Observed
Online share of retail business
25 %
2026-10-15 · Observed
Methodology

Statements about group operations, not UAE totals. Shares have different scopes; no sample, measurement period or calculation method supplied.

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  • United Arab Emirates · Place role: Coverage · Place type: Country or area · Location precision: Regional
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Taxonomy version: IPTC Media Topics 2026-Q2

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