HELPING HAND

Majid Al Futtaim may be headed for IPO amid stabilization efforts

Large family-run businesses across the Gulf frequently encounter financial challenges after a founder's death that require extensive restructuring

Tyson Paul via Getty Images

Mall of the Emirates

Dubai’s government has stepped in to stabilize governance at the parent company of Majid Al Futtaim, the conglomerate behind the Mall of the Emirates and brands including Carrefour and Lego in the region.

A special judicial committee has...