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Majid Jafar

Majid Jafar
مجيد جعفر
Jafar in 2014
Born1976 (age 48–49)
NationalityEmirati
Iraqi
EducationEton College
Alma materCambridge University
London University (SOAS)
Harvard Business School
OccupationEnergy sector
TitleCEO Crescent Petroleum
SpouseLynn Barghout Jafar
Children4
RelativesDhia Jafar (grandfather)
Badr Jafar (brother)

Majid Hamid Jafar (Arabic: مجيد حميد جعفر; born 1976) is an Emirati businessman of Iraqi descent.[1][2] He is the CEO of Crescent Petroleum, vice-chairman of the Crescent Group, and managing director of Dana Gas.[3]

Early life and education

Majid Jafar is the eldest son of Hamid Jafar, founder of Crescent Petroleum and chairman of the Crescent Group, and Sawsan Al-Fahoum Jafar.[4] He is the grandson of Iraqi Dhia Jafar, politician and cabinet minister who served in the last decade of Iraq's monarchy, during the reign of King Faisal II until 1958.[5]

Jafar attended Eton College and graduated from the University of Cambridge (Churchill College) with bachelor's and master's degrees in engineering (fluid mechanics and thermodynamics).[6] He holds a master's degree in international studies and diplomacy from the University of London's School of Oriental and African Studies (SOAS),[7] and an MBA from Harvard Business School.[8]

Career

In his early career Jafar worked for Shell in London until 2004 when he joined his father's company Crescent Petroleum[9][10] at their headquarters in Sharjah, UAE. He became CEO of Crescent Petroleum in 2011.[11][12]

Crescent Petroleum's business and exploration focus lies in the MENA region[13] with a special focus on Egypt and Iraq.[14] In a 2018 licensing round Crescent Petroleum was awarded three concessions for gas fields in Diyala province and as well as the Khidhr Al Mai exploration block in southern Iraq.[15][16]

In 2021, Jafar announced that Crescent Petroleum became one of the first companies in the oil and gas industry to achieve carbon neutrality across its operations after completing a series of projects to reduce carbon intensity and offset remaining emissions.[17] In December 2023, Jafar also committed Crescent Petroleum as a signatory to the Oil and Gas Decarbonization Charter (OGDC), a global industry Charter dedicated to achieveing net-zero operations by 2050 at the latest, and achieving near-zero upstream methane emissions and ending routine flaring by 2030.[18] In 2021 Jafar was named as one of 100 inspiring leaders in the Middle East,[19] and was listed in the Dubai's 100: Most influential people in the Emirate, by Arabian Business.[20] In 2023 & 2024[21], Forbes Middle East magazine named him among the Middle East Sustainable 100 list.[22]

Other work

Jafar has written columns for the Financial Times,[23] and HuffPost[24] and been interviewed on news channels like CNN and CNBC.[25]

Jafar has been on the Middle East Advisory board of Carnegie Endowment and Harvard Business School,[26] and the board of the Queen Rania Foundation.[27] Jafar authored the opening chapter of Performance and Progress: Essays on Capitalism, Business and Society published in 2015 by Oxford University Press.[28] Jafar is a member of the board of the International Advisory Council of the Atlantic Council,[29] trustee of the Arab Forum for Environment and Development (AFED)[30] and a board member at the Iraqi Energy Institute,[5] a member of the Young Presidents Organisation[31] and of the panel of senior advisors of British think tank Chatham House.[32] In 2017, Jafar co-chaired the WEF MENA Summit together with EU Commission President Usula von der Leyen and McKinsey managing partner Dominic Barton).[33][34] He was named a Young Global Leader by the World Economic Forum (WEF).[35] Jafar's father, Hamid Jafar, supported the Jafar Research Professorship of Petroleum Engineering at Cambridge University.[36] In 2015, the Jafar Hall and the Jafar Gallery at Eton College was supported by the Jafar's family and was opened by the Prince of Wales .[37]

Jafar is the Co-founder[38] of the Loulou Foundation,[39] which he established together with his wife Lynn to address their eldest daughter Alia's rare disease (CDKL5 Deficiency Disorder). In 2020 the Jafars also established an endowed scholarship at Harvard Medical School to support medical students from the Middle East region.[40] Jafar is a member of the Board of Fellows and Co-Chair of the Discovery Council [41] of Harvard Medical School.[42]

Personal life

Jafar is married to Lynn Barghout Jafar, daughter of businessman and philanthropist Bassam Barghout, who was awarded the Order of the Cedar with rank of Knight by the President and Prime Minister of Lebanon for his services to the country. [43] Her grandfather [44]Khalil Al-Hibri served as a member of parliament, Chairman of the Water Board of Beirut, Minister of Public Works and then Prime Minister of Lebanon in 1958, heading the transitional government in response to the Lebanon Crisis. Her great-grandfather was Sheikh Toufik El-Hibri, a founder of the Scout movement in Lebanon and across the Arab World.

Majid and Lynn Jafar have four children (two girls and two boys).[45] Lynn Barghout Jafar founded and manages High Hopes Dubai, a pediatric therapy center, which was opened in November 2017 by HRH Princess Haya bint Hussein.[46] and further expanded in March 2023.[47] Majid and Lynn Jafar are patrons of the Dubai Collection for Art.[47]

References

  1. ^ IT, Super (June 2020). "Majid Jafar". Arabian Business.
  2. ^ Weber, Bruce (14 May 2009). "Photos: Portraits of 'Fortune's Children'". Vanity Fair. Retrieved 21 September 2024.
  3. ^ "Dana Gas Board". Dana Gas.
  4. ^ "Our Board". FOCP. Retrieved 12 January 2025.
  5. ^ a b Elliot, Matthew (31 December 1996). Independent Iraq: British Influence from 1941 to 1958. Bloomsbury Academic. ISBN 978-1-85043-729-1.
  6. ^ Oil, Gas (10 January 2013). "Majid Jaafar". Oil& Gaz.
  7. ^ "Majid Jafar - CEO". Crescent Petroleum. Retrieved 22 June 2022.
  8. ^ "Business Profile"[dead link‍], Bloomberg Business, USA October 2011. Retrieved on October 2011.
  9. ^ Pradeep, Angitha (2 January 2023). "Crescent Petroleum CEO on powering a lower-carbon future". Oil and Gas Middleeast.
  10. ^ "Abdul Majid Abdul Hamid Dhia Jafar, Crescent Petroleum Co Intl U K Limited: Profile and Biography". Bloomberg L.P. Retrieved 22 June 2022.
  11. ^ "Exclusive: Majid Jafar, CEO, Crescent Petroleum". Gulf Business. 26 November 2012. Retrieved 30 November 2022.
  12. ^ Reed, Stanley (14 October 2013). "Cracking the Energy Puzzles of the 21st Century". The New York Times. ISSN 0362-4331. Retrieved 22 June 2022.
  13. ^ "Iraq oil needs regulatory revamp: CEO". CNBC. 12 March 2015. Retrieved 22 June 2022.
  14. ^ "New investment models needed to boost Mena oil and gas competitiveness". The National. 20 June 2018. Retrieved 22 June 2022.
  15. ^ "Global Energy Initiative: Key role for Crescent Petroleum CEO". Arab News. 4 September 2013. Retrieved 22 June 2022.
  16. ^ "World Economic Forum on the Middle East and North Africa 2017". World Economic Forum. Retrieved 22 June 2022.
  17. ^ "Crescent Petroleum reinforces key efforts to achieve carbon neutrality". Gulf Today. Retrieved 16 December 2022.
  18. ^ "Oil & Gas Decarbonization Charter launched to accelerate climate action". www.cop28.com. Retrieved 29 September 2024.
  19. ^ "Majid Jafar". Arabian Business. 15 September 2021.
  20. ^ "Dubai 100: The Most Influential People in the Emirate". Arabian Business. 15 September 2021.
  21. ^ Mughal, Waqar. "Majid Jafar". Forbes Lists. Retrieved 12 January 2025.
  22. ^ Mughal, Waqar. "The Middle East's Sustainable 100". Forbes Lists. Retrieved 30 September 2024.
  23. ^ Jafar, Majid (3 April 2013). "Arab-led investment plan for crucial jobs". Financial Times. London. Retrieved 15 September 2022.
  24. ^ "Time to Break the Cycle of Unemployment". HuffPost. 3 March 2014. Retrieved 15 September 2022.
  25. ^ "Crescent Petroleum CEO claims gas is likely to play a key role in backing up shift to renewables". CNBC. 23 September 2022. Retrieved 16 February 2023.
  26. ^ "Majid H. Jafar". hms.harvard.edu. Retrieved 11 September 2023.
  27. ^ "Abdul Majid Abdul Hamid Dhia Jafar - Biography". www.marketscreener.com. Retrieved 11 September 2023.
  28. ^ Rangan, Subramanian, ed. (1 August 2015). Performance and Progress. doi:10.1093/acprof:oso/9780198744283.001.0001. ISBN 978-0-19-874428-3. {{cite book}}: |work= ignored (help)
  29. ^ "International Advisory Board". Atlantic Council. Retrieved 22 June 2022.
  30. ^ "Arab Forum for Environment and Development". afedonline.org. Retrieved 15 April 2024.
  31. ^ Staff (24 March 2014). "Centre for Economic Growth launched in Abu Dhabi - Business - Economy and Finance - Emirates24|7". emirates247.com. Retrieved 22 June 2022.
  32. ^ "Our Governance". Chatham House.
  33. ^ "Iraq violence demonstrates urgency for a Middle East 'Marshall Plan'". The Daily Telegraph. London. 15 June 2014. Retrieved 22 June 2022.
  34. ^ "Time to Break the Cycle of Unemployment". HuffPost. 3 March 2014. Retrieved 22 June 2022.
  35. ^ "Community".
  36. ^ "Enginuity". www-g.eng.cam.ac.uk. Retrieved 22 June 2022.
  37. ^ Hurst, Greg (July 2022). "Eton's £18m hall is open to debate". The Times. London.
  38. ^ "Majid Jafar | Team". louloufoundation.org. Retrieved 16 February 2023.
  39. ^ "CDKL5 Deficiency Disorder Research - LouLou Foundation". louloufoundation.org. Retrieved 13 December 2018.
  40. ^ "Pulse" (PDF). Harvard Medical School. Fall 2020. Retrieved 18 January 2021.
  41. ^ "Discovery Council | Harvard Medical School". hms.harvard.edu. Retrieved 12 January 2025.
  42. ^ "Board of Fellows | Harvard Medical School". hms.harvard.edu. Retrieved 13 December 2018.
  43. ^ "Bassam Barghout". Makassed Philanthropic Islamic Association of Beirut. Retrieved 11 September 2023.
  44. ^ "الحاجة مهيبة عون الهبري Commemoration". Khoolood. 12 April 2018. Retrieved 12 January 2025.
  45. ^ "Lynn Barghout Jafar - High Hopes - Pediatric Therapy Center Dubai". High Hopes. Retrieved 11 September 2023.
  46. ^ Day, Emma (13 November 2017). "Princess Haya pays tribute to young patients' 'determination'". Emirates Woman. Retrieved 16 February 2023.
  47. ^ a b "Majid & Lynn Jafar Private Collection". sveltekit-prerender. Retrieved 3 October 2024.
Quelle: https://en.wikipedia.org/wiki/Majid_Jafar