Mohamed Al Jaber: The Arabs and Technology

Mohamed Al Jaber, born in Jeddah in 1959, is a UNESCO special envoy who likes constructive dialogue and so do we. He believes in building bridges between the Middle East and the wider world and we applaud him for this too.

As chairman and CEO of MBI International, Al Jaber has made a fortune from the development of hotel and resorts most of which are located in Europe. As is the case with many business leaders from this part of the world, he has diversified his portfolio and the MBI Group has food processing and oil service interests and has developed compounds for expatriate accommodation in Saudi Arabia. Al Jaber is the majority shareholder in a business valued in excess of $7 billion.

Our billionaire Middle East Hero is a prominent philanthropist who set up the very well organised MBI Al Jaber Foundation in London and has endowed a chair in Middle East studies at the capital’s School of Oriental and African Studies (SOAS). Last year the Foundation sponsored UNESCO’s Euro-Arab Dialogue Conference held in Vienna.

“It’s about time for the Arab world to be a contributor in the world of technology – and one day to be an exporter of technology.  I think it has all it needs to be a player… The challenge now is to move fast.”

The Foundation offers sponsorships for graduate students from the Middle East to study in Europe and anyone who is familiar with these programmes will confirm that young people from the region become the most effective ambassadors of their respective countries. Al Jabr likes to connect cultures through wilderness expeditions and there is little doubt that bringing young people together in this way breaks down the barriers very quickly. He is a strong backer of female education.

Through the generosity of Mohamed Al Jaber, restoration of mosques and manuscripts destroyed recently by militant Islamists in Mali is taking place. We are pleased to see that in more spheres than one Al Jaber is fighting back against senseless extremism.

CFI

Recent Posts

The Big Themes from Money20/20: Why Banks Are Back, AI Is a Risk, and Financial Inclusion Finally Matters

By Alessandro Hatami, European banking innovation expert and co-author of Reinventing Banking and Finance and…

2 days ago

Net Zero: OECD Report Sets the Record Straight on Economic Benefits

For years, a persistent argument has loomed over the push for net zero: that transitioning…

2 days ago

CORDET Capital: Unlocking the Potential of Northern Europe’s Lower Mid-Market

With a sharp focus on delivering compelling risk-adjusted returns, CORDET Capital has positioned itself as…

6 days ago

Uzbekistan Investment Forum: Economic Momentum Meets Strategic Maturity

Attend enough investment forums and they begin to blend into one another. The Fourth Tashkent…

1 week ago

Tashkent’s Turning Point: Why the Time is Now for Global Investors in Uzbekistan

As Uzbekistan accelerates its transformation from a closed economy to a liberalised investment destination, the…

1 week ago

BIAT: Strengthening Market Leadership Through Innovation, Digitalisation, and Responsible Governance

BIAT continues to assert its dominance in the Tunisian financial market, reinforcing its resilience with…

2 weeks ago