Juma Al Majid | |
|---|---|
 | |
| Born | 1930 (age 92–93) |
| Nationality | Emirati |
| Occupation(s) | Founder and owner, Juma Al Majid Group |
| Website | www |
Juma al Majid (born in Dubai, United Arab Emirates around 1930) is an Emirati businessman, political adviser, and philanthropist. [4] In 2016, Al Majid was ranked among the richest Arabs in the world. [5] [6] [7] [8] [9]
Juma Majid was born in Al Shandagah, Dubai in 1930. He was a pearl diver's son. When Juma Al Majid turned 15, his uncle, Ahmad Majid Al Ghurair, asked him to assist him at his shop in Deira, and eventually opened a second small shop for him. He began by selling fabric and switched to air conditioners. By the 1970s, his company had grown to be the second largest distributor of General Electric products, selling up to 700,000 air conditioners per year.[ citation needed ] [10] [11] [6]
Al Majid met Mohammad Al Gaz in 1952. [12] After the UAE Federation was created in 1971, Al Gaz and Al Majid opened a Pepsi factory in Dubai. He also expanded his firm into carpentry and interior design. Since then, the firm has expanded into transportation and logistics, building, food, and advertising. He also founded Al Majid Investing, an international investment company. [9]
Al Majid later acquired franchise rights for additional international brands in engineering, autos, office furniture, communication, and tyres from businesses such as Samsung, Hyundai, and Hitachi. Khalid Juma Al Majid is his heir. [8]
At the start of the 1950s, he collaborated with his colleagues Humaid Al Tayer, Abdullah Al Ghurair, and Nasir Rashed Loutah in establishing the first charitable society in Dubai, with the consent of Sheikh Rashed Bin Saeed Al Maktoum. They established Jamal Abdul Nasser Secondary School for boys and Amna Secondary Schools for girls. In 1983, Juma Al Majid founded the National Charity Schools to assist poor expatriate children in gaining a free education.
In 1987, Al Majid founded the Islamic and Arabic Studies College in Dubai. This college, which accepts students from the Gulf Cooperation Council (GCC) states, is accredited by Al-Azhar University, Dar Al Uloom College, and the UAE Ministry of Higher Education.
Al Majid founded the Beit Al Khair Society in 1990. [13] He established a public library in 1991, which later evolved into a cultural organisation known as the Juma Al Majid Center for Culture and Heritage, which holds a collection of Arab and Islamic manuscripts. [6] [14]
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Al Ghurair Group, also known as Saif Al Ghurair Group, is a Dubai, United Arab Emirates-based business group founded by the Al Ghurair family. A diverse conglomerate, it has operations in the Middle East, North Africa, Europe and North America. The grandsons of Al Ghurair Group founder Ahmad Al Ghurair run the group. Abdul Rahman Saif Al Ghurair serves as group chairman and Majid Saif Al Ghurair is the group's chief executive officer.
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Mohammad Abdallah Al Gaz, was a financier, developer, diplomat, central banker and philanthropist in the early years of the United Arab Emirates. Al Gaz became a member of Dubai’s first generation of market-making investors and developers in the 1950s through his partnership with Juma al Majid, who was ranked among the 100 richest Arabs in 2016.
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Juma Al Majid Holding Group is an Emirati holding company and a UAE based business conglomerate headquartered in Dubai. It was established in the year 1950. Juma Al Majid Group comprises 33 companies with 150 branches in the UAE and GCC operating in automotive, real estate development, contracting and construction services, FMCG, distribution, travel, retail, hospitality and tourism. It was founded by H.E. Juma Al Majid, an Emirati businessman, political adviser, and philanthropist.