Juma Al Majid Holding Group
Dubai holding group founded in 1950 by Juma Al Majid, owning businesses in trading, contracting, real estate and travel, with an investment arm (Al Majid Investment Co., 1999).
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Family & background
- HEADQUARTERS
- Dubai, United Arab Emirates
- FOUNDED
- 1950
- OUTSIDE CAPITAL
- No — own capital only
Investment approach
- GEOGRAPHY
- Global
- ROUTES
- Direct investments
- STRATEGIES
- Public equitiesPrivate equityDirect investments
Overview
Juma Al Majid Holding Group was started in 1950 by H.E. Juma Al Majid and describes itself as a Dubai conglomerate active in commercial distribution, contracting and services, real estate, travel and tourism, and investment. Its investment arm, Al Majid Investment Co., was founded in 1999 to diversify the group's investments across global equities, money markets, fixed income, private equity and direct equity. The founder chairs the group and his son Khalid Juma Al Majid is vice chairman.
People
Classification
Family Holding. A family's holding company that owns stakes in several separate businesses or invests beyond its own group, without calling itself a family office. How family capital is classified →
FAQ
Juma Al Majid Holding Group is a family holding based in Dubai, the United Arab Emirates, founded in 1950.
Juma Al Majid Holding Group invests directly in companies. Its stated asset mix includes public equities, private equity and direct investments.
Key people at Juma Al Majid Holding Group include Juma Al Majid (Founder & Chairman), Khalid Juma Al Majid (Vice Chairman), Tarig Shalabi (Group Chief Executive Officer) and Akef Al Attar (Group Chief Finance Officer).
No. Juma Al Majid Holding Group invests its own capital and does not raise money from outside investors.