Mohamed Bin Issa Al Jaber
Encyclopedia
Mohamed Bin Issa Al Jaber (* 1959 in Jeddah
) is a Saudi Arabia
n businessman. Since 2007 he is also citizen of Austria
.
, including luxury hotels in Austria
, France
, Portugal
and the United Kingdom
, Amarante 4-star hotels in France, Portugal and Egypt
as well as Median 3-star hotels in and Stars budget hotels in France, AJWA Group for Food Industries, an agri-food processing company, Jadawel International, a company developing residential compounds for expatriates in Saudi Arabia
, and Continentoil.
In 1989, JJW Hotels & Resorts was established in Portugal and is now the owner-operator of more than 60 hotel and leisure resorts in Europe and the Middle East.
In 1992, AJWA Group for Agro and Food Industries commenced operations following the construction at Jeddah Islamic Port of the largest rice storage and processing facility in Saudi Arabia.
In 2002 Al Jaber acquired the Grand Hotel Vienna from All Nippon Airways
.
In 2003 he opened negotiations to purchase J.A. Jones Construction
.
In 2007 Al Jaber expanded the JJW Hotels & Resort group acquiring The Eton Collection
. Five boutique and townhouse hotels in London
, Leeds
and Edinburgh
were acquired in November by Westmont Hospitality.
In 2008 Al Jaber planned to acquire 20-per-cent share of Austrian Airlines
. Instead he bought Kneissl
, an Austria
n manufacturer of skis and tennis rackets. In February 2010 Al Jaber made his oldest daughter Mashael Al Jaber a co-manager of Kneissl
Holding.
In January 2008 Al Jaber's JJW acquired hotels and golf resorts in Algarve, Portugal for 268 million USD.
In July 2008 Al Jaber announced to invest more than one billion Euros in the Tours de Levallois
project which has not yet been built.
In October 2008 Al Jaber was said to buy 12 hotels in France
from the Starwood
Capital Group including the Crillon
.
In December 2010 the Berners Hotel in London
was acquired by Marriott International
.
In May 2011 an Egyptian court fined nonexecutive chairman Al Jaber for untrue facts documented in company records by members of the company administration of AJWA Group for Food Industries. Al Jaber had been tried in absentia in December 2010 and denying any wrongdoing, appealed against initial charges.
, London
, Vienna
and Jeddah
. Al Jaber is married and has three children.
i and Palestinian
students to study together. He has also backed female education in Saudi Arabia and is a Unesco
special envoy. MBI Al Jaber founded the MBI Trust in London and subsequently endowed the MBI Al Jaber Chair in Middle Eastern Studies at the London University School of Oriental and African Studies (SOAS). He was founding patron in 2000 of the London Middle East Institute at SOAS, directed by the MBI Al Jaber Chair. In 2009 The MBI Al Jaber Building, which won a RIBA award for architectural excellence, was inaugurated at Corpus Christi College Oxford. In 2007, the MBI Al Jaber Foundation made a £1m gift in support of the UCL Institute for Cultural Heritage.
(2009), a Doctor of Science honorary degree from City University London (2004) and Doctor of Letters honorary degree from University of Westminster (2004), an Honorary Fellowship of London University at the School of Oriental and African Studies (2002), the ALESCO Gold Medal for his support of UNESCO
projects aimed at promoting education, culture and scientific activities in the Arab World and a Gold Medal of honour for special achievements in the economic and cross-cultural educational sectors of Vienna presented by the Mayor of Vienna
.
Jeddah
Jeddah, Jiddah, Jidda, or Jedda is a city located on the coast of the Red Sea and is the major urban center of western Saudi Arabia. It is the largest city in Makkah Province, the largest sea port on the Red Sea, and the second largest city in Saudi Arabia after the capital city, Riyadh. The...
) is a Saudi Arabia
Saudi Arabia
The Kingdom of Saudi Arabia , commonly known in British English as Saudi Arabia and in Arabic as as-Sa‘ūdiyyah , is the largest state in Western Asia by land area, constituting the bulk of the Arabian Peninsula, and the second-largest in the Arab World...
n businessman. Since 2007 he is also citizen of Austria
Austria
Austria , officially the Republic of Austria , is a landlocked country of roughly 8.4 million people in Central Europe. It is bordered by the Czech Republic and Germany to the north, Slovakia and Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the...
.
Businesses
His MBI International group compromises the following companies: JJW Hotels & ResortsJJW Hotels & Resorts
JJW Hotels & Resorts Limited is an international private company of Mohamed Bin Issa Al Jaber with principal business interests in acquisition, development and operation of several hotels and resorts throughout Europe and the Middle East...
, including luxury hotels in Austria
Austria
Austria , officially the Republic of Austria , is a landlocked country of roughly 8.4 million people in Central Europe. It is bordered by the Czech Republic and Germany to the north, Slovakia and Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the...
, France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
, Portugal
Portugal
Portugal , officially the Portuguese Republic is a country situated in southwestern Europe on the Iberian Peninsula. Portugal is the westernmost country of Europe, and is bordered by the Atlantic Ocean to the West and South and by Spain to the North and East. The Atlantic archipelagos of the...
and the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...
, Amarante 4-star hotels in France, Portugal and Egypt
Egypt
Egypt , officially the Arab Republic of Egypt, Arabic: , is a country mainly in North Africa, with the Sinai Peninsula forming a land bridge in Southwest Asia. Egypt is thus a transcontinental country, and a major power in Africa, the Mediterranean Basin, the Middle East and the Muslim world...
as well as Median 3-star hotels in and Stars budget hotels in France, AJWA Group for Food Industries, an agri-food processing company, Jadawel International, a company developing residential compounds for expatriates in Saudi Arabia
Saudi Arabia
The Kingdom of Saudi Arabia , commonly known in British English as Saudi Arabia and in Arabic as as-Sa‘ūdiyyah , is the largest state in Western Asia by land area, constituting the bulk of the Arabian Peninsula, and the second-largest in the Arab World...
, and Continentoil.
In the news
In 1982, he founded Jadawel International Construction & Development.In 1989, JJW Hotels & Resorts was established in Portugal and is now the owner-operator of more than 60 hotel and leisure resorts in Europe and the Middle East.
In 1992, AJWA Group for Agro and Food Industries commenced operations following the construction at Jeddah Islamic Port of the largest rice storage and processing facility in Saudi Arabia.
In 2002 Al Jaber acquired the Grand Hotel Vienna from All Nippon Airways
All Nippon Airways
, also known as or ANA, is one of the largest airlines in Japan. It is headquartered at the Shiodome City Center in the Shiodome area in Minato, Tokyo, Japan. It operates services to 49 destinations in Japan and 35 international routes and employed over 14,000 employees as of May 2009...
.
In 2003 he opened negotiations to purchase J.A. Jones Construction
J.A. Jones Construction
J.A. Jones Construction was a heavy construction company headquartered in Charlotte, North Carolina. Operating internationally since the 1950s, it merged with Germany's Philipp Holzmann AG in 1979....
.
In 2007 Al Jaber expanded the JJW Hotels & Resort group acquiring The Eton Collection
The Eton Collection
The Eton Collection is a group of 4 luxury boutique and town house hotels, mostly in the four and five star sector. It was founded in 1998 and has hotels in London and Edinburgh...
. Five boutique and townhouse hotels in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
, Leeds
Leeds
Leeds is a city and metropolitan borough in West Yorkshire, England. In 2001 Leeds' main urban subdivision had a population of 443,247, while the entire city has a population of 798,800 , making it the 30th-most populous city in the European Union.Leeds is the cultural, financial and commercial...
and Edinburgh
Edinburgh
Edinburgh is the capital city of Scotland, the second largest city in Scotland, and the eighth most populous in the United Kingdom. The City of Edinburgh Council governs one of Scotland's 32 local government council areas. The council area includes urban Edinburgh and a rural area...
were acquired in November by Westmont Hospitality.
In 2008 Al Jaber planned to acquire 20-per-cent share of Austrian Airlines
Austrian Airlines
Austrian Airlines is the flag carrier airline of Austria, headquartered in Office Park 2 on the grounds of Vienna International Airport in Schwechat, Wien-Umgebung and a subsidiary of Deutsche Lufthansa AG. Together with regional subsidiary Tyrolean Airways and charter arm Lauda Air, it operates...
. Instead he bought Kneissl
Kneissl
Kneissl is an Austrian manufacturer of hand made skis, biking and tennis equipment and apparel, based in Kufstein in the state of Tyrol and established by Franz Kneissl in 1861. Kneissl was accredited with the invention of “big foot” skis.-External links:...
, an Austria
Austria
Austria , officially the Republic of Austria , is a landlocked country of roughly 8.4 million people in Central Europe. It is bordered by the Czech Republic and Germany to the north, Slovakia and Hungary to the east, Slovenia and Italy to the south, and Switzerland and Liechtenstein to the...
n manufacturer of skis and tennis rackets. In February 2010 Al Jaber made his oldest daughter Mashael Al Jaber a co-manager of Kneissl
Kneissl
Kneissl is an Austrian manufacturer of hand made skis, biking and tennis equipment and apparel, based in Kufstein in the state of Tyrol and established by Franz Kneissl in 1861. Kneissl was accredited with the invention of “big foot” skis.-External links:...
Holding.
In January 2008 Al Jaber's JJW acquired hotels and golf resorts in Algarve, Portugal for 268 million USD.
In July 2008 Al Jaber announced to invest more than one billion Euros in the Tours de Levallois
Tours de Levallois
Tours de Levallois are two office skyscrapers which have been approved to be built in Levallois-Perret, in the inner suburbs of Paris, France....
project which has not yet been built.
In October 2008 Al Jaber was said to buy 12 hotels in France
France
The French Republic , The French Republic , The French Republic , (commonly known as France , is a unitary semi-presidential republic in Western Europe with several overseas territories and islands located on other continents and in the Indian, Pacific, and Atlantic oceans. Metropolitan France...
from the Starwood
Starwood
Starwood may refer to:* Starwood Hotels & Resorts Worldwide* Starwood Amphitheatre* Starwood Club of Los Angeles, California* Starwood Festival...
Capital Group including the Crillon
Hôtel de Crillon
The Hôtel de Crillon in Paris is one of the oldest luxury hotels in the world. The hotel is located at the foot of the Champs-Élysées and is one of two identical stone palaces on the Place de la Concorde. The Crillon has 103 guest rooms and 44 suites...
.
In December 2010 the Berners Hotel in London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
was acquired by Marriott International
Marriott International
Marriott International, Inc. is a worldwide operator and franchisor of a broad portfolio of hotels and related lodging facilities. Founded by J. Willard Marriott, the company is now led by son J.W. Marriott, Jr...
.
In May 2011 an Egyptian court fined nonexecutive chairman Al Jaber for untrue facts documented in company records by members of the company administration of AJWA Group for Food Industries. Al Jaber had been tried in absentia in December 2010 and denying any wrongdoing, appealed against initial charges.
Personal life
Mohamed Bin Issa Al Jaber lives in ParisParis
Paris is the capital and largest city in France, situated on the river Seine, in northern France, at the heart of the Île-de-France region...
, London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
, Vienna
Vienna
Vienna is the capital and largest city of the Republic of Austria and one of the nine states of Austria. Vienna is Austria's primary city, with a population of about 1.723 million , and is by far the largest city in Austria, as well as its cultural, economic, and political centre...
and Jeddah
Jeddah
Jeddah, Jiddah, Jidda, or Jedda is a city located on the coast of the Red Sea and is the major urban center of western Saudi Arabia. It is the largest city in Makkah Province, the largest sea port on the Red Sea, and the second largest city in Saudi Arabia after the capital city, Riyadh. The...
. Al Jaber is married and has three children.
Fortune
Forbes magazine lists him 64th on its 2009 list of world billionaires with a net worth of $7.0 billion. And in 2010 he was ranked number 93 with a net worth of 7.5 billion.Philanthropy
Mohamed Bin Issa Al Jaber is founder, sole patron and Chairman of the MBI Al Jaber Foundation, which provides scholarships to graduate students from the Middle East and sponsors educational and cultural projects that promote better understanding between the peoples of the Middle East and the wider world. Through the MBI Foundation he helped to start Olive Tree, a scholarship programme that enables IsraelIsrael
The State of Israel is a parliamentary republic located in the Middle East, along the eastern shore of the Mediterranean Sea...
i and Palestinian
Palestine
Palestine is a conventional name, among others, used to describe the geographic region between the Mediterranean Sea and the Jordan River, and various adjoining lands....
students to study together. He has also backed female education in Saudi Arabia and is a Unesco
UNESCO
The United Nations Educational, Scientific and Cultural Organization is a specialized agency of the United Nations...
special envoy. MBI Al Jaber founded the MBI Trust in London and subsequently endowed the MBI Al Jaber Chair in Middle Eastern Studies at the London University School of Oriental and African Studies (SOAS). He was founding patron in 2000 of the London Middle East Institute at SOAS, directed by the MBI Al Jaber Chair. In 2009 The MBI Al Jaber Building, which won a RIBA award for architectural excellence, was inaugurated at Corpus Christi College Oxford. In 2007, the MBI Al Jaber Foundation made a £1m gift in support of the UCL Institute for Cultural Heritage.
Awards
Al Jaber holds an Honorary Fellowship from Corpus Christi College, OxfordCorpus Christi College, Oxford
Corpus Christi College is one of the constituent colleges of the University of Oxford in the United Kingdom...
(2009), a Doctor of Science honorary degree from City University London (2004) and Doctor of Letters honorary degree from University of Westminster (2004), an Honorary Fellowship of London University at the School of Oriental and African Studies (2002), the ALESCO Gold Medal for his support of UNESCO
UNESCO
The United Nations Educational, Scientific and Cultural Organization is a specialized agency of the United Nations...
projects aimed at promoting education, culture and scientific activities in the Arab World and a Gold Medal of honour for special achievements in the economic and cross-cultural educational sectors of Vienna presented by the Mayor of Vienna
Vienna
Vienna is the capital and largest city of the Republic of Austria and one of the nine states of Austria. Vienna is Austria's primary city, with a population of about 1.723 million , and is by far the largest city in Austria, as well as its cultural, economic, and political centre...
.