Capitalism is like some ravenous beast which must be constantly tamed and controlled to keep its worst traits in check, but without extinguishing its positive creative essence.
Majid Jafar is the CEO of Crescent Petroleum, the Middle East’s oldest private oil & gas company, and Vice-Chairman of the Crescent Group of companies, which includes interests in port management, logistics, contracting, private equity and real estate. He is also Managing Director of the Board of Dana Gas (PJSC), the leading publicly listed natural gas company in the Middle East, in which Crescent is the largest shareholder. His previous experience was with Shell International’s Exploration & Production and Gas & Power Divisions.
In addition to his professional commitments, Majid Jafar serves as Vice-Chairman of the Global Energy Initiative (GEI), Vice-Chairman of the Global Agenda Council for Youth Unemployment at the World Economic Forum, and a Board Member of: the Carnegie Middle East Center Advisory Council, the Arab Forum for Environment and Development (AFED), the Sharjah Chamber of Commerce (UAE), the Sharjah Expo, the Iraq Energy Institute, and the New Leaders of the International Institute of Education (IIE). He is also an active member of: the Royal Institute for International Affairs (Chatham House), the International Institute for Strategic Studies (IISS), the Young Presidents Organization (YPO) and the Young Arab Leaders organization (YAL), and is an Accredited Director of the Institute of Directors (IoD Mudara) in Dubai.
Majid Jafar attended Eton College and graduated from Cambridge University (Churchill College) with Bachelor and Masters Degrees in Engineering (Fluid Mechanics and Thermodynamics). He also holds an MA (with Distinction) in International Studies and Diplomacy from the University of London’s School of Oriental & African Studies (SOAS), and an MBA (with Distinction) from the Harvard Business School.