Home lists 100 Most Powerful Arabs 2023 Juma Al Majid Founder, Juma Al Majid Group Origin: UAE Residence: UAE Sector: Diversified Al Majid is one of the UAE’s visionary businessmen. In 1950, he set up the Juma Al Majid Holding Group, which has become one of the most reputed organisations in the country. The group’s verticals include real estate, travel and tourism, investments, automobiles, contracting and commercial, to name a few. Across a distinguished career, Al Majid has held key positions in governmental and semi-governmental organisations including chairman of the Dubai Economic Council, vice chairman for the UAE Central Bank, vice chairman for Emirates Bank International, director for the Dubai Chamber of Commerce & Industry, and board member for AI Nisr Publishing and others.