Company: Crescent Petroleum
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).
Majid Jafar aims to use private company capital to help get young people jobs.