Hassan Jameel is a Saudi businessman and an investor in a diverse range of ventures in the service sector, including luxury hotels, telecommunications, and health care.
Hassan Jameel was appointed chairman of Saudi Oger, the country’s largest building firm based in Riyadh. He reportedly made his first acquisition from the Al-Saud family when he helped secure the deal for a Saudi Oger development project in Riyadh for about $350m, according to Bahrain News Agency (B.N.A.).
The family-owned international conglomerate business J.M.I. Group has worked in agriculture, real estate, engineering and development services, telecommunications, transport, and manufacturing. Hassan Jameel has been appointed Vice Chairman of Saudi Arabia operations of the family-owned J.M.I. Group. More details are available on Hassan Jameel’s Twitter
Jameel was reported to own an 87 percent stake in Saudi Oger, the biggest employer in the kingdom. He was reported to be selling his stake to prince Waleed bin Talal, a nephew of King Abdullah. The deal was valued at about $1.8bn. The transaction is likely to be structured to allow Prince Waleed to buy the shares from the prince’s private office, Al-Hayat newspaper reported.
Jameel is Vice Chairman of Community Jameel, a non-profit organization for orphans and young people. His father founded it as a philanthropic project to support Lebanon’s poorest of the poor. The initiative was expanded to include other countries, and a Foundation was established in Jeddah, Saudi Arabia. The Foundation aims to help support children, women, and families across the Middle East by providing them with educational, medical, and social care facilities.
The Foundation supports over 40,000 people in Jeddah, Riyadh, Beirut, and Tripoli through its hospitals, dispensaries, and centers that provide free medical and educational services. Jameel has been a significant supporter of the Lebanese Red Cross charities. Jameel is active in the global property market, with substantial developments in the Middle East, the United Kingdom, and Western Europe.