Over recent years, Abdul Latif Jameel Energy and Environmental Services has taken strategic steps to build its capabilities in the renewable energy sector. In April 2015, the company completed a 100% acquisition of FRV making it the largest GCC-based solar photovoltaic (PV) developer, and one of the leading solar PV developers in the world. In turn, FRV has become the leading energy business in the Abdul Latif Jameel Energy and Environmental Services portfolio.

The two organizations share a philosophy for thoughtful and sustainable business growth – engaging new strategic partnerships and exploring ventures where tangible possibilities for economic and social development are identified.

This new chapter brings great potential for the future of FRV

  • Extensive access to the Middle East, North Africa and Turkey (MENAT), through one of the region’s most respected names
  • Financial strength and stability for future innovation and investment
  • Opportunities for international expansion into new markets, and for diversification into new solutions within the renewable energy field
  • A joint commitment to the socio-economic development of the MENAT region

Looking Toward Future Horizons

Strategic Partnerships

Abdul Latif Jameel is a diversified business comprised of independent entities with deep roots in the MENAT region.  Strong networks and long-established relationships make Abdul Latif Jameel a powerful partner, opening doors for those who want to do business in the region.

Abdul Latif Jameel businesses represent some of the world’s leading brands, earning their trust and building long-lasting and mutually beneficial relationships.  Their commitment to anticipate and support their partners’ needs has driven their success, for more than seven decades.

Global Reach

Established in 1945, Abdul Latif Jameel has dual headquarters in Jeddah, Saudi Arabia and Dubai, UAE, and currently has operations in more than 30 countries and employs approximately 17,500 people.

Diverse Expertise

Abdul Latif Jameel has diversified businesses across seven major industry sectors:

  • Transportation
    • Passenger Vehicles
    • Commercial Vehicles and Equipment
    • Logistics
  • Engineering and Manufacturing
  • Financial Services
  • Energy and Environmental Services
  • Land and Real Estate
  • Consumer Products
  • Advertising and Media

Committed to Sustainability

Advancing human potential is a business imperative at Abdul Latif Jameel, and this is reflected in the work of Community Jameel, the social enterprise organisation of the Jameel family.  Community Jameel operates a wide range of initiatives to promote a positive society and economic sustainability. From individual, community and Arab life as a whole, in Saudi Arabia and beyond, Community Jameel promotes Arab arts and culture in the Middle East and around the world, works against unemployment, enables research for poverty alleviation and food and water security, and provides education and training opportunities.

Community Jameel works in partnership with major institutions around the world.  One long-standing relationship is with the Massachusetts Institute of Technology (MIT).  With MIT, Community Jameel has supported and partnered with:

Community Jameel was formally established in 2003 to continue the Jameel family’s tradition of supporting the community, a tradition started in the 1930s by the late Abdul Latif Jameel, founder of the Abdul Latif Jameel business, who throughout his life helped tens of thousands of disadvantaged people improve their lives across a variety of fields including healthcare and education:

 

To find out more about Community Jameel, please visit their website

Jameel-Toyota Scholarship

In 1994, Community Jameel established the Abdul Latif Jameel-Toyota Endowed Scholarship at the MIT to provide financial support for undergraduate students from more than 20 countries in the Middle East, North Africa and Asia.

The scholarship is named in honour of the late Abdul Latif Jameel, founder of the Abdul Latif Jameel business, and of the Toyota Motor Corporation – among its diversified business interests, Abdul Latif Jameel is the largest independent Toyota distributor in the world.

The Jameel-Toyota Scholarship at MIT embodies the principles of Community Jameel to help young people from the Middle East, North Africa and beyond to achieve their potential at one of the world’s leading academic institutions.

Since its establishment, the Jameel-Toyota Scholarship has supported over 160 MIT students, many of whom have gone on to establish successful businesses, and to give back to their communities with innovative, pro-social initiatives. The Jameel-Toyota Scholarship is administered by MIT and is open to eligible candidates from the catchment countries via the MIT Student Financial Services online portal: sfs.mit.edu

Current and alumni Jameel-Toyota Scholars remain connected to each other and the wider Community Jameel and MIT family through a vibrant global network.

Fernando Salinas

Country Manager at Central America Region, FRV

Collectively, we have a target to generate an important project pipeline that could help us achieving our company goals in the region.

Rafael Benjumea

Founder, FRV

At FRV we have a strong commitment to the economic and social development of the markets and communities in which we operate, and we are pleased to be able to deliver on this commitment through this innovative program.

Marko Kremer

Senior Director, DIF Australia

FRV’s main strength is its ability to develop all processes internally. This provides the knowledge and capacity to anticipate what will happen and explain it clearly.

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