Abdul Latif Jameel is comprised of diversified businesses with deep roots in the Middle East, North Africa, and Turkey (MENAT region). Strong networks and long-established relationships make us a powerful partner, opening doors for those who want to do business in the region. Our businesses represent some of the world’s leading brands, earning us their trust …
The Abdul Latif Jameel business began in 1945, in Jeddah, Saudi Arabia, in a country of harsh, dry desert. Today, Saudi Arabia is a thriving nation with a predominantly young population of more than 34 million, connected demographics, abundant natural resources, a booming consumer market, and ideal fiscal conditions.
For eight decades, Saudi Arabia has been at the center of Abdul Latif Jameel operations, our largest market, and where we have deep local knowledge and roots. Today, Abdul Latif Jameel is a global investor and operates diversified businesses in over 30 countries worldwide.
Our growth has been built on the wisdom and tenacity of our entrepreneurial founder, the late Abdul Latif Jameel, who saw that better personal transportation could empower businesses and individuals, advancing the economic development of his nation.
Our automotive story began modestly in 1955, when, having been appointed as a Toyota distributor in Saudi Arabia, Mr. Jameel ordered four Toyota vehicles. Sixty years later, our relationship with Toyota Motor Corporation has helped us transform from a modest Saudi-based company to a global automotive business, delivering end-to-end service to commercial clients and retail customers in 8 countries.
Abdul Latif Jameel is a diversified business comprised of independent entities that include automotive distribution, auto parts manufacturing, financial services, renewable energy, environmental services, land and real estate development, logistics, electronics retailing, and media services. Abdul Latif Jameel has an active investments arm and positions itself as a preferred business partner primarily for inward investment into the Middle East, North Africa, and Turkey (MENAT) region.
In 2016, following nearly 70 years of commercial success both at home and abroad, Abdul Latif Jameel increased its focus on its Saudi Arabian operations, forming what is today known as ‘Abdul Latif Jameel Enterprises’ – a dedicated and well-resourced venture to identify opportunities and drive investment in the Kingdom – accelerating diversification and business growth, while contributing to the economic development of the country. With over 1,200 associates, Abdul Latif Jameel Enterprises is leveraging the 75 years of Abdul Latif Jameel in two key areas.
Developing efficient operational businesses
Abdul Latif Jameel Enterprises’ key focus is to develop multi-brand automotive business solutions for both commercial and retail customers adjacent to the traditionally core vehicle distribution and retail businesses.
Closing the gaps in the value automotive chain and innovating to develop the ownership experience and new revenue streams. It also includes building business opportunities on our nationwide transportation and logistics capabilities beyond automotive; development of digital capabilities and ecommerce; media and entertainment and more recently healthcare solutions.
Innovation and investment
Abdul Latif Jameel Enterprises is also an active investor in new ventures. With a mission to significantly contribute to Abdul Latif Jameel’s extended diversification mandate, we are developing and maintaining a continuous pipeline of value-add investment opportunities across sectors and at varying stages of the investment life cycle – and remain on the look-out for more.
Our investment approach includes green-field opportunities; joint ventures and strategic alliances; mergers and acquisitions, and a desire to incubate and nurture breakthrough innovations in Saudi Arabia.