The Bin Jabr Group began in the early seventies with a single company sponsorship agreement with Thomson-CSF, later renamed Thales. Since that time, the Bin Jabr Group has grown exponentially and today represents an impressive array of some of the world’s most prestigious companies.
After only three decades, the Bin Jabr Group’s portfolio of activities includes both private and governmental entities in the areas of defence, health care, retail, construction energy and manufacturing among others. With its success in attracting top companies and their earned reputation for excellence and integrity, the Bin Jabr Group has become one of the largest and most influential financial groups in the Middle East.
Trust and excellence
The Bin Jabr Group has been guided by the philosophy of its Chairman, His Excellency Saeed Bin Jabr Al Suweidi, with trust and excellence as its cornerstones. “As one of the industrial pioneers in UAE, we look ahead with a desire to focus on the nation’s further industrial growth and global leadership by being an active part of it. At Bin Jabr, we believe that a company’s excellence is not measured merely by the number of businesses it has developed. We believe, and promote, a lifetime commitment to care for the environment and society, and its preservation for future generations. Bin Jabr is committed to its pledge of energy conservation, and supports the intelligent use of resources to curb destructive environmental impact on the nation and the world,” says the chairman.
The Bin Jabr Group has been successful in forming a string of partnerships with some of the world’s leading companies in different sectors. One of its most notable milestones was a joint venture with Jan De Nul in the dredging and creation of Port Zayed in Abu Dhabi. Bin Jabr Group’s contributions were equally important in assisting the UAE Armed Forces through its communications contract with Thales. Bin Jabr Group’s multimillion dollar contract with Tatra to develop a superior and highly sophisticated 8×8 vehicle, grew into what is now a substantial and important business in military vehicles.
Its interest and expertise in the military area also saw it enter into an agreement with Tawazun Holding for collaboration on setting up a joint venture company for the development of the Nimir military vehicle, a contract that was awarded to it. Nimir is an off-road extreme utility military vehicle, designed and manufactured by Bin Jabr Group through its facility in Jordan. “We have just initiated a joint venture with Sagem where they will work on track control systems and infrastructure in the UAE,” says Mohammed Saeed Al Suweidi, Director, Bin Jabr Group, who has also played a big role in the growth and development of the group.
New horizons
According to the director, the company wants to enter the agricultural sector as well. “We want to head into the agricultural business in the Middle East and Africa. Food export is big business in the region and we want to take advantage of that. In addition, we are trying to move to the North African region with all of our existing businesses here and are gaining more and more penetration in Saudi Arabia. We are currently moving there with oil and gas. But despite new projects, the core aim of the group is to take the oil and gas, military supplies, and industrial equipment manufacturing wings to other GCC countries and establish our presence there,” says Mr. Al Suweidi.