World's 100 Most Powerful Arabs 2014
Wed 26 Mar 2014 03:56 PM
Majid Jafar

Company: Crescent Petroleum

Designation: CEO

Country: UAE

He is the brains behind the Arab Stabilization Plan which hopes to tackle youth unemployment in the Arab world.  Majid Jafar is also the CEO of Crescent Petroleum, the Middle East’s oldest private oil & gas company, and Vice-Chairman of the Crescent Group of companies which includes interests in port management, logistics, contracting, private equity and real estate.  He is also Managing Director of the Board of Dana Gas (PJSC), the first regional, private-sector integrated natural gas company in the Middle East, in which Crescent is the largest shareholder.

In addition to his professional commitments, Majid Jafar serves as Vice-Chairman of the Global Energy Initiative (GEI), Vice-Chairman of the Global Agenda Council for Youth Unemployment at the World Economic Forum, and a Board Member of: the Carnegie Middle East Center Advisory Council, the Arab Forum for Environment and Development (AFED), the Sharjah Chamber of Commerce (UAE), the Sharjah Expo, the Iraq Energy Institute, and the New Leaders of the International Institute of Education (IIE).

Tackling unemployment

Majid Jafar aims to use private company capital to help get young people jobs.