Juma Al Majid Holding Group
 | |
| Company type | Holding company |
|---|---|
| Industry | Automotive, Heavy Equipment, Fast Moving Consumer Goods, Watches, Home Appliances, Office Equipment, Real Estate, Travel & Tourism, Contracting & Services [2] |
| Founded | 1950 |
| Founder | Juma Al Majid |
| Headquarters | , |
Key people |
|
| Owner | Juma Al Majid |
| Website | www |
Juma Al Majid Holding Group is an Emirati[5][6][7][1][8] holding company[9] and business conglomerate headquartered in Dubai.[10] It was established in the year 1950.[11][12] Juma Al Majid Group has 33 companies with 150 branches in the UAE and GCCin automotive, real estate development, contracting and construction services, FMCG, distribution, travel, retail, hospitality and tourism.[13][14][15] It was founded by Juma Al Majid.[16][17][18][19]
History
[edit]The Juma Al Majid Holding Group of companies was established in 1950 by its founder and chairman, Juma Al Majid. Initially, the company was primarily involved in trading activities. However, as the Emirates unified into a single nation, the company diversified into contracting, automotive, heavy equipment, real estate, FMCG and other sectors. The group also engages in financial investments and portfolio management both in the UAE and globally.[20][1]
In 1962, the Group entered into the FMCG sector by establishing GULFCO (Gulf Trading & Refrigerating Co. LLC).[21] In 1982, Genserv was established in Oman.[22]
In 1988, Al Majid Motors was established representing Kia in the UAE.[23] and in 1989, Juma Al Majid Centre for Culture & Heritage was established. [24]
In 2018, the group established the Auto Body Center.[25]
Sectors
[edit]Juma Al Majid Holding Group’s commercial businesses include services such as automotive and heavy equipment, fast moving consumer goods, and consumer and office solutions.[citation needed][26]
This includes turnkey electromechanical works as part of their contracting and services businesses, which also include facilities management, interior fit-out, joinery, and architectural metal works. They also supply, install, test, and commission firefighting, protection, and prevention services.[27]cInternational companies SIGMA Elevators, Angus Fire, Walker Fire, Edwards, Wefatherm, Olis, WISI, T2rane, Duro-Dyne, Eat8on, Hindalco, and other brands involved in the construction industry are partners with Juma Al Majid Holding Group's Contracting & Services businesses.[28]
The Juma Al Majid Holding Group's Project Development & Management Division oversees the planning, and feasibility of the group's investment, private, and Beit Al Khair projects in the United Arab Emirates and abroad. Al Majid Property Co LLC is a wholly owned subsidiary in real estate of the Juma Al Majid Holding Group.[29]
Building maintenance and facilities management firm Al Maarifa Mechanical, Electrical & Building Maintenance was founded in 1997 and is a member of the Juma Al Majid Holding Group.[16]
The Group's Travel & Tourism operation, which include Sky Line Travel, Tourism & Shipping LLC, and Al Majid Travel LLC, provide business and leisure travel services. Sky Line Travel Tourism & Shipping LLC was founded in Sharjah in 1990 by Mohammed Bin Saud Al Qasimi and Khalid Juma Al Majid.[citation needed][30] Al Majid Travel LLC collaborates with Sky Line Travel, to promote leisure travel.[18]
Al Majid Investment Co. was established in 1999 with investments in international equity markets, money markets, fixed income, private equity, and direct equity.[19]
References
[edit]- ^ a b c Mughal, Waqar. "Juma Al Majid Holding Group - Top 100 Arab Family Businesses in 2the Middle East 2021".
- ^ Desk, Web. "Look: Dubai Ruler visits prominent Emirati businessman, humanitarian in hospital". Khaleej Times.
{{cite web}}:|last=has generic name (help) - ^ Bricault, G. C. (6 December 2012). Major Companies of the Arab World 1991/92. ISBN 9789401174800.
- ^ "LexisNexis Corporate Affiliations". 2008.
- ^ "Juma al Majid took top spot in the Consumer Friendliness Index".
- ^ "Revealed: The UAE's most powerful business families".
- ^ "Juma Al Majid Hyundai announces special deals for UAE health workers". gulfnews.com.
- ^ "UAE: How did family businesses come about and how are they structured?".
- ^ "Juma al Majid Group to expand hotel portfolio, add 1,000 keys - Business - Corporate - Emirates24|7".
- ^ Publications, Publitec (22 December 2011). Who's Who in the Arab World 2007-2008. ISBN 9783110930047.
- ^ Sargisson, Lucy (July 17, 2012). Fool's Gold?: Utopianism in the Twenty-First Century. Palgrave Macmillan. ISBN 9781403992420 – via Google Books.
- ^ Bricault, Giselle (December 8, 1995). Major Companies of the Arab World, 1995. Graham & Whiteside. ISBN 9781860990069 – via Google Books.
- ^ Abbas, Waheed. "Dubai's Juma Al Majid Group hiring 1,500 new employees - Business - Corporate - Emirates24|7". www.emirates247.com.
- ^ "Juma Al Majid Group launches its hospitality division". Travel Daily. September 16, 2015.
- ^ Abbas, Waheed. "Revealed: The UAE's most powerful business families". Khaleej Times.
- ^ a b "Who is Juma Al Majid? From humble beginnings as the son of a pearl diver, to leading Dubai business magnate, philanthropist". gulfnews.com.
- ^ "Juma Al Majid: A life in service". gulfnews.com.
- ^ a b Staff, Entrepreneur Middle East. "Dubai Chamber Of Commerce And Industry Restructured As Three Separate Entities To Support The City's Ambitions As A Global Business Hub". Entrepreneur.
- ^ a b "Knowledge should not be for sale: Juma Al Majid". gulfnews.com.
- ^ "UAE: How did family businesses come about and how are they structured?". gulfnews.com.
- ^ Digital, Traffic. "Dubai Police, Juma Al Majid Est. Join Forces to Provide Next-Generation Mobility Solutions". Government of Dubai Media Office.
- ^ White, Stephen (2012-03-21). "Genserv". Middle East Construction News. Retrieved 2024-01-14.
- ^ "Al Arabia Electromechanical | Nafiz AlHassan, Director - Power Lists - MEP Middle East". May 4, 2021.
- ^ "Dubai Culture signs MoU with Juma Al Majid Center for Culture and Heritage". www.mediaoffice.ae.
- ^ "Telecompaper". www.telecompaper.com.
- ^ "Juma Al Majid's Role in Shaping the UAE's Trade and Industrial Sectors". December 2, 2024.
- ^ "Automechanika Dubai to Bring Automotive Aftermarket Opportunities to the Region". Khaleej Times.
- ^ "South Korea's luxury auto-brand Genesis gets its own UAE showroom". gulfnews.com.
- ^ "Real Estate". JUMA AL MAJID HOLDING GROUP L.L.C. Retrieved 2024-01-14.
- ^ Sahoo, Sananda. "Juma Al Majid takes over running of Taj Palace in Dubai". The National.