Founded 1946 | Headquarters Jeddah Type of business Private | |
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Key people Walid Juffali, chairman
Khaled Juffali, vice chairman Subsidiaries Arabian Chemical Co (Latex) Ltd | ||
Ebrahim A. Juffali and Brothers is Saudi Arabia's largest commercial enterprise. Founded in 1946, its expansion coincided with the country's growth, and by the mid 1970s, the Juffali Group had firmly established itself as the largest business house in the Middle East, with 49,218 employees worldwide.
Juffali was responsible for developing the first power generation (electricity), and telecommunication in Saudi Arabia as-well as television concessions. Later on the Al Juffali group introduced many other fields to Saudi Arabia such as power utilities, construction, insurance, telecommunications, and vehicle manufacturing and distribution. Their joint venture partners include international companies such as, Daimler AG, Bosch, Dow Chemical, Fluor Corp, Carrier, DuPont, Ericsson, IBM, Liebherr, Michelin, Massey Ferguson, Siemens AG, and Nabors Industries.
The group's growth was steered in large part by Sheikh Ahmed bin Abdullah Al-Juffali (1924–1994), and his brothers, Ebrahim and Ali. The company was later run by their sons, Sheikh Khaled Juffali and Sheikh Walid Al Juffali (1955-2016). They are also supported by their cousins and professional staff managing a wide range of investments, manufacturing, finance, real estate, distribution, and oil drilling throughout the Middle East, Europe, Asia, and North America.