E. A. Juffali And Brothers
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E. A. Juffali And Brothers
Ebrahim A. Juffali and Brothers is Saudi Arabia's largest private enterprise. Founded in 1946, its expansion coincided with the country's growth, and by the mid 1970s, the Juffali Group had firmly established itself as the largest business house in the Middle East, with 49,218 employees worldwide. Juffali was responsible for developing the first power generation (electricity), and telecommunication in Saudi Arabia as-well as television concessions. Later on the Al Juffali group introduced many other fields to Saudi Arabia such as power utilities, construction, insurance, telecommunications, and vehicle manufacturing and distribution. The group's growth was steered in large part by Sheikh Ahmed bin Abdullah Al-Juffali (1924–1994). The company was later run by his sons, Sheikh Khaled Juffali Khaled Juffali (born 1 January 1958) ( ar, خالد الجفالي), is a Saudi businessman. Early life and education Juffali was born in Jeddah on 1 January 1958. He is the second son ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Jeddah
Jeddah ( ), also spelled Jedda, Jiddah or Jidda ( ; ar, , Jidda, ), is a city in the Hejaz region of the Kingdom of Saudi Arabia (KSA) and the country's commercial center. Established in the 6th century BC as a fishing village, Jeddah's prominence grew in 647 when the Caliph Osman made it a major port for Indian Ocean trade routes, channelling goods to Mecca, and to serve Muslim travelers for Islamic pilgrimage. Since those times, Jeddah has served as the gateway for millions of pilgrims who have arrived in Saudi Arabia, traditionally by sea and recently by air. With a population of about 4,697,000 people as of 2021, Jeddah is the largest city in Makkah Province, the largest city in Hejaz, the second-largest city in the Saudi Arabia (after the capital Riyadh), and the ninth-largest in the Middle East. It also serves as the administrative centre of the OIC. Jeddah Islamic Port, on the Red Sea, is the thirty-sixth largest seaport in the world and the second-largest and s ...
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Saudi Arabia
Saudi Arabia, officially the Kingdom of Saudi Arabia (KSA), is a country in Western Asia. It covers the bulk of the Arabian Peninsula, and has a land area of about , making it the fifth-largest country in Asia, the second-largest in the Arab world, and the largest in Western Asia and the Middle East. It is bordered by the Red Sea to the west; Jordan, Iraq, and Kuwait to the north; the Persian Gulf, Qatar and the United Arab Emirates to the east; Oman to the southeast; and Yemen to the south. Bahrain is an island country off the east coast. The Gulf of Aqaba in the northwest separates Saudi Arabia from Egypt. Saudi Arabia is the only country with a coastline along both the Red Sea and the Persian Gulf, and most of its terrain consists of arid desert, lowland, steppe, and mountains. Its capital and largest city is Riyadh. The country is home to Mecca and Medina, the two holiest cities in Islam. Pre-Islamic Arabia, the territory that constitutes modern-day Saudi Ar ...
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Khaled Juffali
Khaled Juffali (born 1 January 1958) ( ar, خالد الجفالي), is a Saudi businessman. Early life and education Juffali was born in Jeddah on 1 January 1958. He is the second son of the founder of E. A. Juffali and Brothers, Ahmed Juffali His mother is Suad bint Ibrahim Al Husseini the grand daughter of Kamil of Jerusalem and niece of Amin al-Husseini. Khaled had two full-brothers: Walid Juffali, and Tarek Ahmed Al Juffali. Juffali was educated in Lebanon and Switzerland, before earning a degree in business administration from the University of San Diego. He was given an honorary doctorate in business administration from Menlo College in 2009. Career Juffali is a managing partner and vice chairman at E. A. Juffali and Brothers. He is also the chairman of the Khaled Juffali Company (KJC), a privately held investment company, and of the Saudi German Business Council. He sits on the board of directors of the Saudi Arabian Monetary Authority The Saudi Central Bank ...
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Ahmed Juffali
Ahmed bin Abdullah bin Ibrahim Al Juffali ( Arabic أحمد بن عبدالله بن إبراهيم الجفالي) (1 January 1924 – 20 July 1994), was a Saudi businessman, and the founder of E. A. Juffali and Brothers, the largest privately owned enterprise in Saudi Arabia. He was the main founder of the Saudi central bank, the Saudi Arabian Monetary Authority (SAMA), and a member of the international advisory board of Chase Bank, and a board member of companies including Wells Fargo, and the International Business Machines Corporation (IBM). Early life and education Ahmed was born in Mecca on 1 January 1924, into a family of vast wealth and secrecy from Unayzah, Al-Qassim. The Al-Juffali are members of Bani Khalid dynasty, rulers of Eastern Arabia during the early 1600s to the late 1800s after military defeats against the Saudis. The Family are most notable for being direct descendants of Khālid ibn al-Walīd. Ahmed was the third and most favored son of Sheikh Abdul ...
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Walid Juffali
Walid Ahmed Juffali (30 April 1955 – 20 July 2016) ( ar, وليد أحمد الجفالي) or Al-Walid bin Ahmed bin Abdullah bin Ibrahim Al Juffali (Arabic الوليد بن أحمد بن عبدالله الجفالي) was the chairman of E. A. Juffali and Brothers, the largest privately owned enterprise in Saudi Arabia, assuming office after the death of his father Ahmed bin Abdullah Al Juffali, Juffali was also the chairman of his own personal company "W Investments" a privately held investment company which mainly operated in Zurich. He was also the chairman of Saudi American Bank, The Saudi Cement Company, and sat on the boards of numerous powerful companies including Saudi Hollandi Bank and many others. Juffali also had a large collection of jewels ordered to pay out to his ex-wife Christina Estrada after a $95 million divorce settlement in 2014, lower than her demand for $8 billion which turned out to be the largest settlement in English legal history. Early life a ...
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1948 Establishments In Saudi Arabia
Events January * January 1 ** The General Agreement on Tariffs and Trade (GATT) is inaugurated. ** The Constitution of New Jersey (later subject to amendment) goes into effect. ** The railways of Britain are nationalized, to form British Railways. * January 4 – Burma gains its independence from the United Kingdom, becoming an independent republic, named the ''Union of Burma'', with Sao Shwe Thaik as its first President, and U Nu its first Prime Minister. * January 5 ** Warner Brothers shows the first color newsreel (''Tournament of Roses Parade'' and the ''Rose Bowl Game''). ** The first Kinsey Reports, Kinsey Report, ''Sexual Behavior in the Human Male'', is published in the United States. * January 7 – Mantell UFO incident: Kentucky Air National Guard pilot Thomas Mantell crashes while in pursuit of an unidentified flying object. * January 12 – Mahatma Gandhi begins his fast-unto-death in Delhi, to stop communal violence during the Partition of India. * ...
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Conglomerate Companies Established In 1948
Conglomerate or conglomeration may refer to: * Conglomerate (company) * Conglomerate (geology) * Conglomerate (mathematics) In popular culture: * The Conglomerate (American group), a production crew and musical group founded by Busta Rhymes ** Conglomerate (record label), a hip hop label founded by Busta Rhymes * The Conglomerate (Australian group), a jazz quartet See also * Conglomerate Ridge, in the Ellsworth Mountains, Antarctica * ConGlomeration (convention) ConGlomeration was an annual multigenre convention held in or around Louisville, Kentucky between 2001 and 2019. ConGlomeration was an all-volunteer non-profit organization which, as part of its convention programming, conducted charitable activ ...
{{disambiguation ...
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Companies Of Saudi Arabia
Saudi Arabia is a sovereign Arab state in Western Asia constituting the bulk of the Arabian Peninsula. The country's Planned economy, command economy is petroleum-based but slowly diversifying; in 2017 58% of budget revenues and 85% of export earnings came from the oil industry. The country plans to reduce oil-based revenues to 42% by 2023. A considerable proportion of Saudi companies are owned by families, including the House of Saud, royal family. Public companies are listed on the Tadawul. For further information on the types of business entities in this country and their abbreviations, see "Types of business entity#Saudi Arabia, Business entities in Saudi Arabia". Largest firms This list shows firms in the Fortune Global 500, which ranks firms by total revenues reported before 31 March 2017. Only the top five firms (if available) are included as a sample. Notable firms This list includes notable company, companies with primary headquarters located in the country. The i ...
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Companies Based In Jeddah
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ...
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Juffali Family
Juffali is of Arabic origin which is commonly used as a surname in Saudi Arabia. It may refer to Companies * E. A. Juffali and Brothers, Saudi Arabian company Surname * Ahmed Juffali (1924 – 1994), Saudi Arabian businessman and founder of E. A. Juffali and Brothers * Khaled Juffali (born 1958), Saudi Arabian businessman and chairman of E. A. Juffali and Brothers * Reema Juffali (born 1992), Saudi Arabian racing driver and first Saudi Arabian female car racing driver * Walid Juffali Walid Ahmed Juffali (30 April 1955 – 20 July 2016) ( ar, وليد أحمد الجفالي) or Al-Walid bin Ahmed bin Abdullah bin Ibrahim Al Juffali (Arabic الوليد بن أحمد بن عبدالله الجفالي) was the chairman of E. ...
(1955 – 2016), Saudi Arabian businessman and former chairman of E. A. Juffali and Brothers {{surname ...
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Saudi Arabian Families
Saudi may refer to: * Saudi Arabia * Saudis, people from Saudi Arabia * Saudi culture, the culture of Saudi Arabia * House of Saud The House of Saud ( ar, آل سُعُود, ʾĀl Suʿūd ) is the ruling royal family of Saudi Arabia. It is composed of the descendants of Muhammad bin Saud, founder of the Emirate of Diriyah, known as the First Saudi state (1727–1818), and ...
, the ruling family of Saudi Arabia {{disambiguation ...
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