Opening New Doors

Opening new doors

Unlocking Contents A Vital Force 1 Social Entrepreneurship 4 At a glance 1.1 Community Jameel 4.1 Business portfolio 1.2 Job creation 4.2 potential in the Leading the way 1.3 Global poverty alleviation 4.3 One man’s vision 1.4 Food and water security 4.4 To a modern powerhouse 1.5 Arts and culture 4.5 History and milestones 1.6 Health and social 4.6 Middle East, Our Reach 2 Education and training 4.7 Our market place 2.1 Spotlight 5 Our MENAT know-how 2.2 On Opportunities Business Sectors 3 A bright prospect 5.1 North Africa Business development and Transportation 3.1 Vehicle distribution, expansion 5.2 retail and logistics 3.2 Ready for better 5.3 and Turkey* Commercial vehicles and equipment 3.3 * MENAT Logistics 3.4 Engineering and manufacturing 3.5 Financial services 3.6 Land and real estate 3.7 Energy and environmental services 3.8 About Fotowatio Renewable Ventures 3.9 Consumer products 3.10 Advertising and media 3.11

The term ‘Abdul Latif Jameel’ refers broadly to several distinct, separate and independent legal entities. Abdul Latif Jameel is not itself a corporate entity, association or conglomerate run by an overarching parent company but merely refers to a group of distinct and wholly separate legal entities that are collectively referred to as Abdul Latif Jameel. Abdul Latif Jameel is not a corporate group as defined in section 1161(5) of the UK Companies Act 2006.

© Abdul Latif Jameel IPR Company Limited. All copyright and other intellectual property rights are fully reserved. Traditional 60ft racing Dhows, Al Gaffal long distance race in the Arabian Gulf “ If a wind blows, ride it!” Arabian proverb

The Arabian proverb, As a trusted guide, we can “If a wind blows, ride it!” open doors to these exciting was a favorite of my and ambitious markets. Together, we can be partners father – the founder in prosperity. of Abdul Latif Jameel. It sums up his pioneering, I invite you to find out more about Abdul Latif Jameel on entrepreneurial spirit the following pages. I hope that lives on in our you find it informative. businesses today. Thank you for your attention. Since 1945, our passion for riding the winds has already taken us into 31 countries on Mohammed Abdul Latif Jameel, KBE five continents: seeking out Chairman and Chief Executive Officer new markets, opening up job opportunities, developing new partnerships, finding new ways of creating value. We do all this with a clear purpose: to help people advance their quality of life by unlocking new potential. We want to share our knowledge and experience in order to further develop business and trade within, and into, the MENAT region. It is our sincere desire to shine a light on the opportunities we know exist.

Contents © Abdul Latif Jameel IPR Company Limited. All copyright and other intellectual property rights are fully reserved. A Vital Force “ One of the world’s most engaged and productive organizations”

Gallup

Contents © Abdul Latif Jameel IPR Company Limited. All copyright and other intellectual property rights are fully reserved. 1.1 A Vital Force Rising fog on Al Reem Island, Abu Dhabi

Abdul Latif Fast facts Deep knowledge and on-the-ground Jameel at experience across the MENAT region Nurturing enterprise and unlocking potential for more than 70 years a glance Operations in 31 countries on five continents One of the world’s leading independent Abdul Latif Jameel was founded on automotive Toyota distributors operations and they remain at the heart of our 16,500 employees One of the world’s leading solar business today. We have also moved into areas photovoltaic developers that enhance our automotive offer and value chain, as well as diversifying into new sectors, Zero Balanced business portfolio and strong net borrowings such as real estate and energy, where we see brand partnerships great potential for our company and our region. 31 Zero net borrowings countries Over 16,500 employees globally Over 590,000 people helped into work through our job creation programs A commitment to social and economic sustainability

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Transportation Offering passenger car, commercial vehicle and equipment distribution and ownership solutions Engineering and Manufacturing Bringing accredited vehicle parts to market and supporting an integrated automotive value chain. Our business Financial Services Enabling individuals and businesses to flourish Land and Real Estate portfolio Providing contemporary homes and planning future communities

The MENAT region is our area of expertise, our origin, where Energy and Environmental Services we have deep knowledge of local tier 2 and 3 areas as well as Developing renewable energy projects, capital cities – we are local to locals. From this strong base, we energy efficiency initiatives and sustainable are growing and diversifying across the region and in sectors environmental programs that contribute to the infrastructure of life. Consumer Products Supplying quality brands and services – E xpansion across the Middle East to the region’s people and North Africa since 1945 Advertising and Media Communicating with consumers and society – Into Asian markets from 1996 – Into Turkey from 1998 – A strategic presence in Europe since 2003 – A move into sub-Saharan Africa from 2012 – Broadened into Central and South America in 2014

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We help people who strive for better, to have better. We help businesses who look further, to reach further.

Leading the way

Since 1945, from the heart of Arabia, throughout the fast-developing MENAT region and across five continents, Abdul Latif Jameel has been uncovering new potential. Our pioneering spirit, determined focus and ability to empower are reflected in everything we do.

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From one man’s vision…

Abdul Latif Jameel is built on the vision of our entrepreneurial founder, Mr. Abdul Latif Jameel. Some 70 years ago, he saw that increased competition within Saudi Arabia’s automotive sector, as well as better personal transport, could empower businesses and individuals, in turn advancing the development of his nation. Mr. Jameel approached Japan’s Toyota Motor Corporation, initially ordering just four of the company’s early all-terrain vehicles. The increasing popularity of these early models led to our company being appointed as the distributor in Saudi Arabia by Toyota in 1955, a role we are still honored and privileged to hold today. Since that time, in partnership with Toyota, we have expanded our automotive operations across the Middle East, North Africa and Turkey and into important new territories and markets in Asia and Europe. Alongside the cornerstone of our special relationship with Toyota, we have grown and diversified thoughtfully: leveraging new opportunities and developing valued strategic partnerships in new sectors – all focused on improving quality of life.

The vehicle that started it all: the 1950s Toyota BJ model

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Today, Abdul Latif Jameel is an international business and a committed social entrepreneur, potential with respected management and a robust corporate governance structure. We constantly strive to open new doors, In the spirit of our founder, we continue to seek push boundaries and create fruitful out and explore new opportunities that unlock connections that will bring opportunity to value and advance growth in our communities. new and existing partners while improving the lives and prospects of millions. We harness our regional know-how to identify investment possibilities and, through the smart application of technology and expertise, we transform these into profitable and progressive businesses.

Art installation by Mounir Fatmi, Jameel Prize finalist. With the courtesy of Nadour Collection

Contents © Abdul Latif Jameel IPR Company Limited. All copyright and other intellectual property rights are fully reserved. History and milestones and History and diverse portfolio. portfolio. diverse and successful a with business globally-respected a and Toyota independent leading world’s distributors in Jeddah, Saudi Arabia, to become one of the from asingle dealership in aconverted gas station Over seven decades, Abdul Latif Jameel has grown Contents 1.6

Advertising Business Other Brands Toyota Abdul Latif Jameel Jameel Latif Abdul established Toyota distributorship © Abdul Latif Jameel IPR Company Limited. All copyright and other intellectual property rights are fully reserved. fully are rights property intellectual other and copyright All Limited. Company IPR Jameel Latif © Abdul in Saudi Arabiain Saudi 1945 A V ital Force business established business Consumer Products Consumer

Services business business Services 1955 in Saudi Arabiain Saudi established in established Saudi ArabiaSaudi Financial

Company established in established Company Outdoor Advertising Outdoor Advertising 1979 Saudi ArabiaSaudi Lexus brand launched

1981 Arabiain Saudi Automotive accessories

business established business 1989 in Saudi Arabiain Saudi & conversion & conversion

1990 distributorship in Algeria Toyota

1993 distributorship in Morocco Toyota company established company established

General Trading 1995 in Japan

agency established in agency established

established inMorocco established

Saudi ArabiaSaudi 1996 Advertising Advertising agency Advertising

1997 distributorship dealerships dealerships in Turkey Daihatsu in China Toyota business established established business Financial Services Financial Services

1998 distributorship in Morocco Daihatsu in Egypt 1999 in Saudi Arabiain Saudi Joint venture with Denso in United Arab Emirates

agency established agency established 2001 distributorship Automotive aftermarket business parts Advertising in Algeria Daihatsu conversion business appointed as business conversion a Toyota base development established in Saudi Arabia inSaudi established Automotive & accessories 2002 inMonaco Dealership Program Established Community Service Service Community Toyota &Lexus 2003 dealerships inGermany dealerships from to Jeddah Beirut agency established agency established Operations relocate Toyota &Lexus International 'Toyota Way' Advertising Advertising in Lebanon introduced philosophy 2004 Abdul Latif Jameel &Toyota Jameel Latif Abdul agency jointventure agency established agency established 50th Anniversary distributorship in Saudi Arabiain Saudi with Dentsu Advertising Advertising dealership dealership in Algeria Daihatsu in Japan Lexus 2005 dealerships inUK dealerships Toyota &Lexus Hino distributorship in Egypt distributorship Daihatsu agency established agency established 2006 Advertising in Algeria in Turkey aftermarket parts

brand launched 2007 Automotive Toyota distributorship Hino distributorship agency established agency established 2008 Advertising in Turkey in Egypt in Egypt business intobusiness China

2009 Hino distributorship manufacturing manufacturing and Malaysia Expansion of aftermarket in Morocco automotive 2010

2011 dealership International Operations in China business established established business agency established agency established Lexus relocates to Dubai Financial Services Financial Services Energy division in Ivory Coast Coast in Ivory Advertising established in Turkey 2012 Komatsu Foton distributorship transport cooling cooling transport in Saudi Arabiain Saudi Estate division Acquisition of Acquisition manufacturer Land & Real &Real Land established in Algeria in Turkey distributorship 2013 Fotowatio Renewable Emaar in Saudi ArabiaEmaar inSaudi agency established agency established Joint venture with Joint venture with Saudi ArabiaSaudi Advertising Ventures in in Tanzania 2014 Fotowatio Renewable knighthood, (KBE) knighthood, Jameel isawardedJameel Ventures (FRV) Acquisition of Acquisition Mohammed Mohammed an honorary an honorary 2015 Our Reach “ At the heart of the world’s most exciting markets.”

Rif Abou Richeh, Vice President, Abdul Latif Jameel International

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2015 Netherlands Energy & 2006 Environmental United Kingdom Services Transportation 2004 – Passenger Vehicle Germany Dealerships Transportation – Passenger Vehicle 1999 Dealerships Turkey Affiliated Office Transportation – Passenger Vehicle Distribution Engineering and Manufacturing 2003 – Manufacturing & Assembly 2015 Monaco – Aftermarket Parts Distribution 1998 Spain Financial Services China Transportation Advertising & Media Energy & – Passenger Vehicle Transportation Environmental Dealerships – Passenger Vehicle Dealerships Services Engineering & Manufacturing – Aftermarket Parts Manufacturing

1995 2001 Morocco 2015 Jordan United Arab Emirates 2015 Transportation Affiliated International Headquarters – Passenger Vehicle Energy & 1996 Mexico Energy & Environmental Services Dealerships Environmental Japan Energy & Advertising & media Advertising & Services Affiliated office Environmental Media Services Transportation – Passenger Vehicle 2015 1993 2011 Dealerships Panama Algeria Malaysia General Trading Transportation Energy & 1945 Engineering & Manufacturing – Passenger Vehicle Distribution 2004 Environmental – Aftermarket Parts – Commercial Vehicle Lebanon Saudi Arabia Services Manufacturing Distribution 2015 Domestic Headquarters Advertising & Engineering and Manufacturing Djibouti Media Transportation – Aftermarket Parts Distribution Energy & – Passenger Vehicle Distribution 2015 Advertising Environmental – Commercial Vehicle & Equipment Distribution El Salvador 2015 & Media 1999 Services Engineering & Manufacturing Energy & Nicaragua Egypt – Manufacturing & Assembly Environmental – Accessories Services Energy & Transportation – Aftermarket Parts Distribution Environmental 2012 – Passenger Vehicle 2015 Financial Services Services Ivory Coast Distribution Uganda Land & Real Estate Financial Services Energy & Environmental Services 2008 Energy & Advertising & Advertising & Media Consumer Products Singapore Environmental Media Advertising & Media Services Engineering & Manufacturing – Regional Office 2015 2015 for Aftermarket Parts Brazil Kenya Our Energy & 2014 Energy & Environmental Tanzania Environmental Services Services Advertising & Media 2015 Australia Energy & marketplace Environmental Services

In recent decades we Every part of our business have been exploring new maintains the high quality standards these brands expect; 2015 markets and expanding 2015 South Africa we are passionate about the Uruguay our international reach into Energy & details that make a difference. Energy & Environmental territories that we know The Japanese ‘Kaizen’ approach Environmental Services Services offer great potential. of continuous improvement is These highly-successful regional embedded across our company. operations are built on our deep And, collectively, our operations understanding of, and respect for, share one objective: a determined focus on the pursuit of better. local cultures and communities. 2015 Chile We represent some of the world’s Energy & leading brands, who trust us to Environmental deliver outstanding customer Services service at every touch point.

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“ MENA cities are diverse, A winning partnership with disparate populations Abdul Latif Jameel is the title sponsor of the Saudi Football League, the most but considerable wealth.” popular league in the Arab world. The Economist Intelligence Unit We are experts in this growing and vibrant region, and can share deep insights into its consumers and their aspirations.

Contents © Abdul Latif Jameel IPR Company Limited. All copyright and other intellectual property rights are fully reserved. 2.3 Our Reach 88% of the Middle East’s online population use social networking sites every day 81% of young Arabs use the internet every day 72% of MENAT’s smartphone owners are younger than 34

Smartphone usage 47% of the MENAT population 2014 (millions) is under the age of 25

2,565m Source: World Bank 2015 Asia-Pacific 596m Middle-East & Africa Vibrant Levent financial district, as seen from the Sapphire skyscraper – the tallest building in Istanbul 430m Latin America Our MENAT know-how With young, ambitious and connected populations, MENAT countries are modernizing and developing 346m at a fast pace. Across the region, new doors are Western Europe opening and new markets are thriving. 341m Central & Eastern Europe 275m North America

Source: www.emarketer.com

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Libya Qatar Turkey GDP GDP GDP US$74 billion US$203 billion US$882 billion Population Under 25 Population Under 25 Population Under 25 Our MENAT know-how 6.2m 45% 2.2m 26% 74.9m 42% Libya’s economy has been With the world’s third largest gas With access to 1.5 billion customers, We see a wealth of opportunities within the MENAT region. recovering since 2012. reserves and huge petroleum Turkey is the world’s 16th largest Investment opportunities resources, Qatar is currently the economy and one of the most Its citizens share a desire for advancement and, while some abound as the country sees richest country in the world on a dynamic economies in the MENAT a surge in public spending GDP per capita basis. It is attracting region. Its increasing population, nations face challenges, they all welcome partners to help and its oil and gas sectors foreign direct investment to diversify qualified and competitive labour them progress. resume operations. its economy through new business force and liberal investment regulations, tax exemptions, and policies, make it ideal for foreign world-class ICT facilities. direct investment. Algeria Iraq Kuwait Morocco Saudi Arabia UAE GDP GDP GDP GDP GDP GDP US$210 billion US$229 billion US$175 billion US$103 billion US$748 billion US$402 billion Population Under 25 Population Under 25 Population Under 25 Population Under 25 Population Under 25 Population Under 25 39.2m 46% 33.4m 56% 3.4m 41% 33m 44% 28.8m 47% 9.3m 34% Algeria is Africa’s fourth largest With an educated and talented Kuwait’s strong and stable economy One of the most stable countries Saudi Arabia combines abundant The UAE has extensive natural crude oil producer and the world’s workforce, Iraq offers multiple has a relatively liberal trade policy, in the MENAT region, Morocco natural resources with global resources and strong financial sixth largest gas producer. It is also investment opportunities that would with open markets for foreign is well placed as a link to the recognition for ease of doing sectors, contributing to a large diversifying into renewable energies. benefit in a liberal atmosphere. trade and foreign direct investment Americas and Europe. With a strong business. Saudi Arabia has been annual GDP. It is considered one Strong export revenues create Growth in the private sector and job incentives. Its large oil reserves help economy and an attractive business rated as the world’s third most of the best destinations for foreign relative macroeconomic stability. creation are current priorities. deliver one of the world’s highest environment, it offers a number favorable tax environment, and has direct investment, as it maintains an GDPs per capita. of investment opportunities. the highest level of foreign direct emphasis on free trade, with a free investment in the MENAT region. It transfer of profits, revenues and is ideally located for global trade and assets, and low customs tariffs. logistics, with a booming consumer Bahrain Jordan Lebanon market and ideal fiscal conditions. GDP GDP GDP US$3 billion US$33 billion US$44 billion Oman Tunisia Yemen Population Under 25 Population Under 25 Population Under 25 GDP GDP GDP 1.3m 36% 6.5m 56% 4.5m 42% US$79 billion US$47 billion US$36 billion One of MENAT’s leading financial Politically stable, and with a skilled Lebanon has a multi-skilled Population Under 25 Population Under 25 Population Under 25 hubs, Bahrain has a fast-growing workforce, Jordan is well positioned workforce, ranking 10th globally economy, skilled workforce and as a Middle East transportation in the quality of education. It also 3.6m 50% 10.9m 39% 24.4m 63% liberal business environment, hub, and offers strong incentives has one of the most liberal foreign Oil-rich Oman is developing its Tunisia has a strong knowledge- Yemen has one of the world’s offering 100% foreign ownership for investment and access to major investment climates in the Middle non-oil industries for investment, based economy, with a highly-skilled highest population growth rates of business assets and real estate international markets. East with the lowest corporate rates including education, health and ICT. workforce. Its proximity to Europe and it is rapidly developing its across most sectors. in the world. Oman’s investment laws now allow has resulted in strong trade infrastructure to accommodate 70-100% foreign participation in agreements with both the EU and this, thus creating a number of companies and various MENAT region, and a growing, investment opportunities. tax exemptions. stable infrastructure. Egypt GDP US$272 billion Population Under 25 82m 36% Egypt has the largest population and one of the largest economies in the MENAT region. Its stock exchange has more than 600 companies listed and, despite recent political change, the country is investing in infrastructure projects and inviting Source: World Bank 2014 and foreign investment. International Monetary Fund (IMF) 2014

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Fady Jameel, Deputy President & Vice-Chairman, Abdul Latif Jameel-International

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Transportation 2 3

1 59 From our first order of four In our home country of Saudi Toyota vehicles in 1955, we Arabia, Abdul Latif Jameel has one 1 have created a worldwide of the largest automotive sales and aftersales networks, with over 12 transportation business. 400 outlets, as well as successful 27 Today, we are one of the world’s accessory manufacturing and leading independent Toyota assembly operations. Our MENAT 60 32 distributors – having been their automotive operations extend proud partner for over 60 years – further across Morocco, Algeria, Japan offering full brand representation Egypt, and Turkey. 431 including wholesaling, marketing, In 1996, seeing new potential sales, servicing and accessorizing in Asia-Pacific markets, we of vehicles and their spare parts established automotive operations in key markets across MENAT, in China, Japan, Malaysia and and in Asia and Europe. Today, Singapore. In 2003 we set up a our passenger vehicle portfolio small strategic presence in the key also includes the world renowned European countries of Germany, brands Lexus, Daihatsu and Ford. Morocco Algeria Egypt the United Kingdom Recognizing the infrastructural and the principality of Monaco. development needs of the region, we have expanded to bring commercial vehicle and equipment brands including Hino, Foton, Komatsu, Toyota Industrial Equipment, Foton-Loxa and Manitou Group to various markets.

Total Network

30,000 vehicles are in transit every week at the Abdul Latif Jameel vehicle Contents © Abdul Latif Jameel IPR Company Limited. All copyright and other intellectual property rights are fully reserved. stockyard, Khumra – near Jeddah 3.2 Business Sectors Business Sectors 3.2

Transportation Fast facts 442,000 new vehicles sales Vehicle distribution, in 2014 – a record year Total network of 630+ branches retail and logistics across MENAT, Europe and Asia Pacific One of the leading auto finance companies in the Middle East Our ‘Guest First’ philosophy The Abdul Latif Jameel ‘Guest is at the heart of everything First’ approach strives to achieve 400+ 139,000 hours of automotive we do and has served us a world-class level of customer branches in Saudi Arabia satisfaction and we deploy it aftersales staff training in 2014 well since 1955. across our entire automotive retail From 2008 to date we have sold network to achieve a consistent over 2.4 million new vehicles and level of customer experience. 335,000 in 2014 we achieved record new vehicles currently under We have received numerous vehicle sales across the Abdul lease in Saudi Arabia awards and accolades for our Latif Jameel global network customer service but, in keeping of 442,000 units. with the ‘Kaizen’ philosophy, In today’s highly competitive new we are never satisfied. 12,000+ vehicle market we understand We continuously aim for better. employees working in the value of winning, delighting the automotive sector and retaining a hard-won customer for life. From 2008 onwards we have deployed our own customer engagement and satisfaction process.

302 281 300 351 403 428 442

2008 2009 2010 2011 2012 2013 2014 New vehicles sold (000 units) * Rounded figures “The vast service network and favorable financing deals offered by Abdul Latif Jameel…helps to explain [Toyota’s] continued market lead.” The Economist Intelligence Unit

Abdul Latif Jameel Toyota Plaza dealership Contents © Abdul Latif Jameel IPR Company Limited. All copyright and other intellectual property rights are fully reserved. in Çekmeköy, Istanbul 3.2 Business Sectors

Transportation Vehicle distribution, retail and logistics

To support our successful Our spare parts logistics business transportation sector in Saudi Arabia serves our domestic businesses, Abdul Latif automotive business. Jameel has developed one We handle over 700 sea container of the MENAT region’s shipments a month with 20,000 largest automotive supply order lines shipped per day via a ‘just-in-time’ spare parts picking infrastructures. process controlled by the latest Our central warehousing and barcode scanning and pick port processing facilities in Saudi by voice technology. Arabia have the capacity to receive and dispatch 1,200 vehicles per day with stocking capacity for 69,000 vehicles. We will double this capacity when our new processing and logistics center north of Jeddah opens in late 2015.

Fast facts In-bound vehicle deliveries from 12 ports of origin worldwide Total vehicle storage area in excess of 1,700,000m2 43 million spare parts received into Saudi Arabia parts warehouses in 2014 85,000m2 of spare parts warehousing storage 1 million kilometres a month traveled by our road freight delivery fleet in Saudi Arabia Abdul Latif Jameel vehicle stockyard, Khumra – near Jeddah

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Transportation Commercial vehicles 100% All mainstream parts and equipment available immediately Our diversification into In 2013, we began to represent the the equipment. This includes the commercial vehicle leading Japanese brand Komatsu initial consultancy advice on the in Saudi Arabia, forming Abdul type of product they should buy, 24/7 and equipment sector Latif Jameel Heavy Equipment. proposing financing solutions, On-site repairs and servicing is aligned to Abdul Latif This offers an extensive product service agreements, onsite repairs Jameel’s commitment to line-up including wheel loaders, and operator training, technical advancing the development excavators, bulldozers, dump training, immediate availability of Saudi Arabia and the trucks, articulated trucks and of most parts, comprehensive MENAT region. pipe layers. onsite service and equipment rental options to ensure Continued expansion in 2015 saw By providing world-class operating continuity. construction equipment, the addition of Manitou Group commercial vehicles and tele-handlers and Foton-Loxa We have adopted the Kaizen specialist training and servicing, cement equipment further style concept of continuous as well as Sharia-compliant broadening our ability to serve improvement across all parts financing, we are contributing the growing construction sector. of our commercial equipment business, with a focus on delivering to the continuous development Customer care is central to our the best experience to our of the region’s infrastructure. business. We strive to become customers – from the quality of our customers’ preferred partners, Our ‘Abdul Latif Jameel Machinery’ products and operator support, supporting them for the life of division represents brands such to the efficiency and skills of our as Hino and Foton trucks and has technicians and service engineers. been the authorized distributor for Toyota Industrial Equipment and spare parts in Saudi Arabia for the past 26 years including petrol, diesel and electric forklift trucks and towing tractors.

Brand new Komatsu excavators, Jeddah

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3.4 Business Sectors

Transportation Logistics

In 2015, Abdul Latif Jameel moved into non-automotive logistics for the first time when the business was named as the new Global Service Provider for FedEx Express in Saudi Arabia.

With over 60 years of proven sea cargo until 2020. Abdul logistics experience in the region, Latif Jameel will allow FedEx a keen focus on customer care Express to utilize its deep market and service delivery, we have both expertise to meet the country’s the experience and the expertise growing shipping needs. to make this a clear choice for The business is already operating FedEx Express and to become the with new and state-of-the-art premier transportation provider infrastructure, including facilities, in the country. a fleet of vehicles and an Demand in Saudi Arabia’s transport experienced team. and logistics sector is expected to increase significantly in the future with industry experts predicting 5% annual growth for international cargo, and up to 8% for air and

“More than US$ 100 bn. of investment is anticipated within Saudi Arabia’s transportation and logistics sector over the next 10 years.” Saudi Arabian General Investment Authority (SAGIA)

FedEx Express, the world-renowned transport and logistics Contents © Abdul Latif Jameel IPR Company Limited. All copyright and other intellectual property rights are fully reserved. company, has been active in Saudi Arabia for more than 20 years. 3.5 Business Sectors Key events 1990 – Established Accessories & Conversion Services Engineering and 2001 – Joint venture with DENSO on air conditioning services Manufacturing 2003 – Aftermarket parts business established in Saudi Arabia; Appointed authorized development base for Toyota 2008 – DJ Auto aftermarket parts brand launched As our operations grow, so has our strategy of Manufacturing and Accessories and 2010 – Acquisition of the FBK brand providing a comprehensive range of products Assembly Personalization In 2001, Abdul Latif Jameel formed Abdul Latif Jameel Accessories and services throughout the automotive life cycle. a joint venture with DENSO, one and Conversion Services has grown 2011 – Expansion of automotive of Toyota’s key partners, and today steadily from its initial vehicle air aftermarket manufacturing into Abdul Latif Jameel is actively involved in the provides air conditioning and conditioning and audio operations refrigeration equipment needed to in the 1990s and now offers China & Malaysia manufacturing, assembly and distribution of transport people comfortably and localized equipment integration safely transport perishable goods. and vehicle accessorization across automotive components, accessories and the region. 2013 – Acquisition of transport cooling This enterprise is based in Saudi aftermarket parts. We are also, through Arabia, and manufactures and In 2003 Abdul Latif Jameel was manufacturing company in Turkey direct investment or partnerships, expanding assembles air conditioning for proud to be named as an official the Toyota Hilux pick up, and is Development Base for Toyota 2015 – Launched Gear Up vehicle into a growing number of automotive related supported by over 20 service accessories. This status enables centers in Saudi Arabia. The joint us to work in close partnership personalization service aftermarket consumer offerings. venture also remanufactures with Toyota, drawing on technical DENSO products including assistance to develop Toyota- air conditioning compressors approved equipment and and diesel supply pumps, accessories for Toyota vehicles. and additionally includes the A similar Development Base status Manufacturing and Assembly Facilities, and Accessories Network distribution of DENSO parts across was obtained from the Daihatsu North Africa. In 2014, we further Motor Corporation in 2007. extended our relationship, with Today, we operate an extensive DENSO adding air conditioning equipment installation facility in manufacturing to Abdul Latif Jeddah, Saudi Arabia where the Jameel’s operation in Turkey. Toyota Production System is fully Our Turkish operation provides implemented in the integration air conditioning and refrigeration of Toyota and Daihatsu approved China equipment to a broad section of Turkey equipment and accessories into the local transport industry. a number of their respective Engineering products imported into the region. Abdul Latif Jameel owns and In 2015, we launched a pioneering operates three successful retail accessorization and vehicle automotive aftermarket parts personalization service in Saudi brands, DJ Parts, P2 and FBK. Arabia under our ‘Gear Up’ Malaysia All products in the DJ Parts range brand, catering to the increasing are researched and developed consumer demand for such at our Singapore hub. Out of its services. We employ talented Saudi Arabia factories in Malaysia and China, engineers and designers, keep Algeria FBK transforms raw materials track of the latest research into brake friction products. innovations and develop Toyota- Distribution of these products approved products sourced from takes place through an 67 suppliers in 18 countries across Egypt Singapore international network of appointed five continents. dealers, and also through our own distribution points in Turkey, Saudi Arabia, Algeria, Egypt, China and Malaysia.

Contents © Abdul Latif Jameel IPR Company Limited. All copyright and other intellectual property rights are fully reserved. FBK brake pads, fresh out of the Curing Oven 3.6 Business Sectors Combining Islamic heritage and pioneering design in the development of the Techno Valley, Riyadh

<1% Financial default rate for collections 608,000 Services vehicles financed since 2008 335,000 vehicles currently under lease in Saudi Arabia

Back in 1979, we saw the Across Saudi Arabia and through potential for enabling its finance arms in Turkey and people and businesses to Egypt, Abdul Latif Jameel Leasing employs over 3,200 associates in flourish through instalment more than 280 branches are all plans for vehicle purchases. focused on helping to fulfil our Our foresight has now positioned customers’ hopes and aspirations. Abdul Latif Jameel Leasing as the In addition to auto finance, our number one auto finance company financial services span leasing, in the Middle East. and financing for home appliances, We have also pioneered Islamic heavy equipment and real estate. financial solutions, including Our customers benefit from the Musharakah model, which transparent, reliable Sharia- plays such a vital role in financing compliant real estate financing business operations in Saudi Arabia services for homes. and other Muslim nations, where finance must comply with Sharia laws. These innovative solutions offer mutually beneficial and risk-managed terms, providing finance to borrowers to whom banks do not lend, which improves customers’ lives and results in exceptionally low default rates.

Contents © Abdul Latif Jameel IPR Company Limited. All copyright and other intellectual property rights are fully reserved. 3.7 Business Sectors A housing development in Dubai

“The provision of sufficient levels of Land and Real Estate affordable housing represents probably the single greatest opportunity for the real estate industry in MENA at the According to the world’s Abdul Latif Jameel is addressing Our real estate operations are leading real estate the demand for contemporary and now expanding into other markets present time.” affordable homes in Saudi Arabia in the MENAT region as well as 3.5m investment and advisory through innovative methods that investments in land holdings across Demand for affordable Deepak Jain, Jones Lang LaSalle, Why Affordable Housing Matters firm, Jones Lang LaSalle, produce superior quality pre-cast the wider world and through housing in MENA to 2019 the MENA region is facing homes in one-third of the time partnerships with like-minded a shortage of 3.5 million required for a standard build. investors and developers. homes, with demand We are also developing In 2014 we partnered with Emaar 2x outstripping supply for at conventional homes, including Properties, the global developer MENA Population growth least the next five years. a compound of 200 new homes of iconic real estate assets to is 2x world’s average in Jeddah. The project has been develop integrated property We anticipated the needs of created with both visual comfort projects in Saudi Arabia. The two Saudi Arabia’s rising population and sustainability in mind, companies will launch the projects and growing urbanization by with discreet parking, shaded under the partnership entity, establishing Abdul Latif Jameel’s landscaping and planting and Emaar Jameel. real estate company in 2012. solar harvesting. We are already one of Saudi Arabia’s leading land and property developers, working to deliver pleasing environments for individuals and businesses alike.

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3.8 Business Sectors Energy and Environmental Services

With power demand in Harnessing the MENAT region set to natural resources grow by 7% annually until Our initial focus is in photovoltaic 2020*, the development (PV) solar energy which is why, of additional renewable in 2015, we acquired Fotowatio energy sources is a social Renewable Ventures (FRV), a and strategic imperative. leading international developer of large-scale solar projects. While New energy targets established we bring regional knowledge and by the Gulf Cooperation Council financial capability to the table, countries and those of the wider FRV brings its extensive experience MENAT region are opening up in engineering, development and significant opportunities in power construction of solar, and wind, production and conservation. installations. Focusing on environmental and Our combined strength makes social responsibility, as well as us the largest GCC-based solar regional government initiatives, photovoltaic developer and one we’re prioritizing energy efficiency of the largest in the world. We are and reduced consumption of continuing to explore investment finite resources. We’re positioned and expansion opportunities into to meet these needs and bring Engineering, Procurement and sustainable power to the region Construction (EPC), operation by partnering with energy and maintenance. experts and tapping the financial acumen and operational strength Abdul Latif Jameel Energy is also of the wider Abdul Latif Jameel assessing development potential organization. in Concentrated Solar Power (CSP), waste-to-energy, wind, waste Together with our energy management, and desalination. partners, we will lead the region in creating sustainable energy In line with our ongoing through power infrastructure commitment to economic development, sustainable power development, we place a key generation, alternative resources, focus on building a sustainable and energy efficiency. legacy in countries where we establish projects. We aim to create jobs at all levels, including the training of the local workforces to create Renewable energy as art – Giant Solar renewable energy expertise within these countries. Panel, The Forum, Barcelona, Spain

* E conomist Intelligence Unit (EIU), “The GCC in 2020: Resources for the future”

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3.9 Business Sectors

About Fotowatio Renewable FRV has successfully developed more than 532 MWdc Ventures in photovoltaic solar power across five continents.

Fotowatio Renewable Since the company was founded Today, the Company has Ventures (FRV) is one of the in the Netherlands in 2006, it operations in 20 countries across leading global operators has built a solid track record of the globe and has a total energy developing world-class operational pipeline of 4.3 GW. Having enjoyed in photovoltaic (PV) and solar PV assets across the globe – significant success in various thermo-solar energy, in the USA, Europe, Latin America, markets, FRV has recently set its specializing in the complete Africa and Australia. Its activities sights on opportunities in the management of solar assets are focused on the development, Middle East and North Africa for the generation of construction, financing, operation (MENA) region with Abdul Latif electricity using the sun and maintenance of a wide Jameel to open new doors here. portfolio of solar plants, all of With FRV’s extensive experience as the source. which are both technologically in the solar PV sector and and geographically diversified. Abdul Latif Jameel’s deep local To date, FRV has participated knowledge, this acquisition builds in the development of over upon Abdul Latif Jameel’s desire 3.1 GW across 15 countries for a better world for today, and for in five continents. tomorrow’s generations.

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Business Sectors 3.10 400,000+ units sold in 2014 16 Consumer retail showrooms 14 service franchises Products

500+ Following our introduction We distribute, retail and also We reach Saudi Arabia’s 30 million consumers through distribution alliances into electronics and provide comprehensive after-sales air conditioning in the support for products that enhance 16 showrooms, more than peoples’ lives at home, at work and 14 service centers and a 1950s, Abdul Latif Jameel on the move: from air conditioners network of over 500 dealers. Electronics is today one and water dispensers to TVs, We are increasingly investing of Saudi Arabia’s leading laptops, smartphones and tablets. in e-commerce operations and broadening our product offering distributors of electronics, We are proud to represent many in IT, AV and broadcasting, and consumer durables, air- of the world’s prestigious brands, security systems. conditioning and audio- including Toshiba, Sharp, White visual solutions and home Westinghouse, Alpine, Rheem, Through these expanding retail appliances to consumers Mekar and DORA, and have built channels and product lines, and and corporate customers. a strong reputation among these with the benefit of our progressive brand partners for outstanding finance and incentive plans, we sales, customer service and are playing an important part innovation. in improving the quality of our customers’ day-to-day lives.

Products and Services

Mobile

Smartphones Tablets Notebooks

Electronics

Television Air-conditioning Laundry Refrigeration

Corporate Solutions

Abdul Latif Jameel state-of-the-art consumer electronics retail environment, Khalediya, Jeddah Tailored Air-conditioning Tailored Audio-visual solutions solutions

Advertising and Media

More than 30 years ago, recognizing the importance of communicating with consumers and society, Abdul Latif Jameel set national precedents by promoting its automotive products on outdoor billboards. Soon, we developed an extensive network of boards across Saudi Arabia. Drive Dentsu’s Dubai offices From this pioneering initiative, we now offer a full range of advertising, media, and public relations across the MENAT region, enabling us to promote our businesses, create jobs and foster growth. National Drive Dentsu Abdul Latif Jameel Outdoor Delphys and international brands continue to increase their This full-service advertising Advertising Company In 2015 Abdul Latif Jameel and marketing expenditure in the region, with average agency was established in 1997 A pioneering force in Saudi Arabia Delphys, the Toyota in-house to initially service Abdul Latif advertising, the company was creative advertising agency, MENAT advertising spend forecast to grow by 7% Jameel’s needs in Saudi Arabia established in 1981 to project announced the formation of a and has grown as the group has strong brand messages in many joint venture business in Dubai. over the next two years.* expanded internationally. It now categories to the country’s The purpose of this new joint provides brand consultancy, consumers. It is now one of venture agency is to support and All Abdul Latif Jameel companies – and many valued strategic planning, creative, Saudi Arabia’s leading outdoor collaborate on growing the Toyota design and digital services to advertising companies, with business across the MENAT region. clients – tap into our marketing expertise to help build many clients in the automotive, 110 advertising sites across the brands and to reach the consumers that matter. telecommunications, financial, country’s major cities and a real estate, retail and customer growing vehicle *ZenithOptimedia forecasts product sectors. livery operation. Its 300+ people serve MENAT The Company offers a turn-key and international clients from service, from manufacturing, 9 offices in seven countries and maintenance and digital printing offer deep local insights and to campaign planning cultural understanding. and evaluation. The agency has access to a global network of approximately 37,000 people following a joint venture in 2005 with Dentsu, the Japan- based global marketing Contents © Abdul Latif Jameel IPR Company Limited. All copyright and other intellectual property rights are fully reserved. services company. Social Entrepreneurship “The capacity to change the world.”

Tony Blair, former Prime Minister of the United Kingdom

Community Jameel

UK Advancing human potential is a business imperative Turkey at Abdul Latif Jameel. From our earliest days, we Tunisia USA have been pioneers for active and positive social Lebanon change – in the local communities which we serve, Palestine Jordan and far beyond. Egypt Saudi Haiti Morocco In 2003, we formalized our commitment to social Arabia UAE India Guatemala and economic sustainability by creating a dedicated Honduras Cambodia El Salvador organization, Abdul Latif Jameel Community Nicaragua Initiatives, now Community Jameel, which focuses Ghana Uganda on six areas: Tanzania – J ob creation Brazil Zambia – G lobal poverty alleviation Community Jameel Reach – Food and water security – Arts and culture – H ealth and social – Education and training

Contents © Abdul Latif Jameel IPR Company Limited. All copyright and other intellectual property rights are fully reserved. 4.2 Social Entrepreneurship Global Social Entrepreneurship 4.3 “I wish we had someone Lifting people and In addition, D-Lab, also at MIT, communities out of is building a global network poverty is this century’s of innovators to design and in the United States doing disseminate technologies that biggest challenge. We meaningfully improve the lives of Job Poverty address it at both the people living in poverty. what BRJ is doing in the highest levels and at D-Lab Scale-Ups was created the grass roots through in 2011, with support from Middle East.” a number of leading Community Jameel to identify and initiatives. scale technology solutions with Creation David M. Rubenstein, Alleviation potential for wide scale poverty co-founder and managing director, The Carlyle Group The Abdul Latif Jameel Poverty alleviation. Three years later, Scale- Action Lab (J-PAL) is a global Ups includes a social entrepreneur network of 92 affiliated professors fellowship program; the Harvest that use the power of scientific Fuel Initiative, a technical Since its inception in Its innovative Working from evidence to understand what assistance program for East Distance initiative, established in 2003, our Bab Rizq Jameel really helps the poor. Evidence African agricultural waste charcoal 2013, helped to create 7,496 job 590,000+ 164m – “beautiful gateway to generated by J-PAL has led to the producers; an active research and opportunities in 2014 for women jobs created globally since 2003 people touched by the work of J-PAL scale-up of proven programs – development arm; and an industry prosperity” – program to work from home in the areas from more effective distribution consortium on market-based helps promising young of telesales and marketing, call of subsidized rice in Indonesia to solutions to poverty. men and women centers and customer services. 410,000+ school-based deworming and throughout the Arab world To date, Scale-Ups-assisted In late 2014, Bab Rizq Jameel chlorine dispensers for safe water jobs created in Saudi Arabia since 2003 enterprises have created 248 full- to find brighter futures launched a new operation, in Africa and India. time jobs in developing countries, and advance mobility. BRJ International, which is Through its headquarters at and have indirectly employed an headquartered in Dubai. BRJ From 2003 to date, Bab Rizq Jameel 2.4m the Massachusetts Institute of additional 400. International will complement 75,000+ has helped to create some 590,000 Technology (MIT) and independent the efforts of the Bab Rizq people given jobs in Saudi Arabia in 2013 Now in its tenth year, our job opportunities globally through regional offices in Africa, Europe, Jameel organization as well as pioneering microfinance initiative, its operations across Saudi Arabia, Latin America, North America, seek to attract highly skilled and Grameen Jameel, has extended Egypt, Turkey and Morocco. 2.0m South Asia and Southeast Asia, experienced professionals into capital and technical support Unemployed people have moved J-PAL partners with governments, the MENAT region. to more than 20 microfinance into work through taxi and truck NGOs and international institutions in 10 countries across ownership programs, specialist Bab Rizq Jameel has ambitious development organizations to 1.5m the MENAT region, helping them to skills training, job placements and targets to help to create more job find lasting solutions to poverty. expand their reach and impact on small business opportunities. openings every year, through its Its work has already had a direct the poor, especially women. Last network of 2,000 job creators. effect on 164 million people. In Saudi Arabia, Bab Rizq Jameel year, through these partnerships, has helped to create 410,000 job 1.0m more than two million people opportunities since 2013. During have been empowered to make 2014 alone, Bab Rizq Jameel their own living. helped to create over 75,000 job opportunities within the country – 500k with 25,000 of these specifically for female Saudi nationals.

These achievements led to Bab 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Rizq Jameel being awarded the prestigious Arab Social Media Number of clients reached by Grameen-Jameel Influencers Award in recognition through MFI partners since 2003 of the organization’s success in generating job opportunities through its social media platforms. “J-PAL (the Abdul Latif Jameel Poverty Action Lab), has just celebrated its tenth anniversary. Saudi national Hala Omar’s office interior design business benefited from BRJ’s Small Projects Financing Program Its methods have transformed development economics.” The Economist

Food and Water Security

Complementing the efforts of J-PAL, the Abdul Latif Jameel World Water and Food Security Lab (J-WAFS), was established at MIT in September 2014.

The lab aims to address critical J-WAFS will also draw upon MIT’s issues surrounding global food extensive research capabilities to and water resources in the explore the collective pressure 21st Century through scientific created by population growth, research, technology innovation, urbanization, and development, regional case studies, and policy as well as the impact of climate recommendations. change. These are all factors that threaten the food and water By spearheading this research, systems in both developed the results can be translated into and developing countries. The real-world outcomes for the research will also help to identify solution of humanitarian and appropriate policies that need to societal challenge, helping be adopted to create a positive mankind adapt to a rapidly effect on the lives of people changing planet and combat around the world. world-wide water scarcity and food supply.

“Ensuring sustainable and affordable access to food and water for all is one of the most pressing challenges facing humanity.” MIT President L. Rafael Reif

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Arts and Culture

From the breath-taking Jameel Gallery for Islamic Art at London’s Victoria & Albert Museum and its associated ‘Jameel Prize’, to the Jeddah Sculpture Museum featuring the work of Henry Moore, Joan Miró, Alexander Calder, Mustafa Sunbul and Rabia Al-Akhras, Abdul Latif Jameel is proud to showcase contemporary art to global audiences.

Through the Cairo satellite of the We also foster and promote a Prince’s School of Traditional Arts thriving arts scene within the (a venture established by HRH MENAT region by creating strong The Prince of Wales in London) partnerships with art organizations the Art Jameel Programme for worldwide which provide a regional Traditional Arts at the Foustat platform for contemporary art. Centre, supports the teaching Additionally, we actively support of the philosophical principles creative businesses and are and practical techniques of the developing special art and cultural traditional arts of the world’s exchange programs to encourage great civilizations. In June 2014, networking and collaboration. it graduated its third cohort of Our future plans include a new art students and now has a body of center, scheduled to open in Dubai over 50 alumni. Art Jameel has in 2017, featuring contemporary art provided young artists and artisans from across the MENAT region. in Egypt and further in the Arab world with the opportunity of honing their design and craft skills and eventually engaging in an art- related profession or employment.

1000+ total number of scholarships “It is impossible to calculate the 120m value of an initiative like this people reached through [Tanweer], but the expressions Partnership with 1001 Inventions on the faces tell their own story.”

Mohammed Al Harbi, Ministry of Social Affairs Championing education for all ages – A child enjoys our ‘1001 Inventions’ traveling exhibition

“I am delighted to see the success of the initiative Health called 1001 Inventions, Education which presents and and Social celebrates the many and Training scientific, technological Abdul Latif Jameel is committed to improving We champion education For budding entrepreneurs, the for all ages across a number MIT Enterprise Forum of the Pan the health and wellbeing of Saudi Arabia’s more and humanitarian of programs through Arab Region provides a platform for networking, knowledge Education Jameel. vulnerable citizens through its health and social developments shared sharing and mentorship, and initiatives. We built and fund a 120-bed medical In partnership with the Ministry Abdul Latif Jameel encourages The not-for-profit Abdul Latif Jameel Hospital of Education, we founded INJAZ- success by organizing the annual rehabilitation hospital and are a founder partner opened in Jeddah in 1996, and has served over by the Islamic world Saudi Arabia, which prepares young MIT Enterprise Forum Arab Start- 45,000 patients to the end of 2013 people for the real world of work. up Competition which targets of the Prince Salman Disability Research Center. 21 countries in the Arab region Through the MIT Abdul Latif Jameel and brings in more than 5,000 and the West.” Toyota Endowed Scholarship, applications every year. Other targeted initiatives include social and over 1,000 scholarships have been HRH Prince Charles granted to MIT graduates since Our award-winning traveling medical care for the elderly, motivational support 1994. The programme was created block-buster exhibition and for orphans through the Tanweer programs, the to make studying at the visionary educational program, 1001 MIT institution a reality for selected Inventions, is an international world’s tallest flag in Jeddah and family days scholars from Middle Eastern science and cultural heritage and Asian countries. Students are brand reaching 120 million people for prisoners to facilitate their rehabilitation hand-picked based on their ability, around the world. 1001 Inventions on release. dedication and potential and uncovers a thousand years of supported through their studies scientific and cultural achievements to achieve their professional from Muslim civilization, and how goals. To date Jameel/Toyota those contributions helped shape graduates have pursued careers in our modern world. architecture, economics, electrical engineering, math, chemistry, physics and aviation sciences.

Contents © Abdul Latif Jameel IPR Company Limited. All copyright and other intellectual property rights are fully reserved. Spotlight On New Opportunities “The MENA region and Turkey are a fertile ground for private market activity.”

Gulf Business, 15 December 2013 (referencing Talal Al Zain, chief executive officer of PineBridge Investments Middle East)

We see great potential for inward and outward investment in the modernizing countries of the MENAT region. Conditions are very promising, with the IMF predicting healthy growth rates for many areas in the region. As living standards improve through better infrastructures and increasing budget expenditure, vast new markets of aspirational consumers have developed, in much part due to the region’s young and increasingly educated demographic. We want to encourage their ambitions through trading and investment opportunities that will enable these new markets and their people to grow and prosper.

“I am very confident that the talent and values are in place to make this region [MENA] fit for the new realities that we have to face in the world.” Klaus Schwab Founder and executive chairman World Economic Forum (Opening plenary of the World Economic Forum on the Middle East and North Africa)

Al Ain’s new world class Hazza Contents © Abdul Latif Jameel IPR Company Limited. All copyright and other intellectual property rights are fully reserved. bin Zayed Stadium, Abu Dhabi 5.2 Spotlight On New Opportunities

Business Development and Expansion

Across the MENAT region, We see a wealth of commercial fitting and manufacturing, new doors are opening and opportunities to leverage, and as vehicle conversions, telematics and our oil and lubricant related new markets are thriving. a respected partner and trusted advisor in the MENAT region, Abdul businesses. Multi-branded pre- We’re seeing growing Latif Jameel is uniquely positioned owned vehicle retail, and body and populations of aspirational to facilitate business and trade paint services will also be areas of consumers, many of within the region and beyond. focus. As a key growth imperative, the Commercial Development whom are increasingly In 2014, Abdul Latif Jameel Company will strive to attract of a more educated established the Commercial potential partners, linking together Development Company with younger generation. opportunities from inside and the purpose of identifying With these increasingly outside of Saudi Arabia. youthful, ambitious and further business development opportunities, dedicated We are also expanding in markets connected populations, specifically to our home market of outside of Saudi Arabia, and are in MENAT countries, and Saudi Arabia. This investment arm continual pursuit of new business their governments, will specialize in forging M&A, joint relationships, both regionally are modernizing and ventures, strategic alliances, and and globally. Abdul Latif Jameel developing at an will focus on accelerating growth will venture into businesses and incredible pace. through business partnerships as sectors where we can bring value, well as greenfield investments. by facilitating relevant trade and In addition, this Company will investment opportunities, enabling also oversee Abdul Latif Jameel’s our partners to prosper. existing auto-adjacency businesses, such as component and accessory

Sunrise over Abu Dhabi

Key events 2015 – Named as Global Service Provider for FedEx Express in Saudi Arabia; Acquisition of Fotowatio Renewable Ventures (FRV)

“[MENA] strategies need to…center on the development of a competitive private sector, which can provide economic opportunities that Ready correspond to peoples’ aspirations.” Opportunities and Challenges in the MENA Region By Anthony O’Sullivan, Marie-Estelle Rey and Jorge Galvez Mendez For Better Organization for Economic Co-operation and Development The IMF recently called for improved access to finance to help catalyze entrepreneurship and private investment in the area. We are already here: on the ground, with a deep knowledge of the markets and assets ready to deploy. Our strong links with governments, financial institutions and brand partners make us uniquely placed to make the right introductions and connections. With our long heritage of fostering and nurturing relationships throughout the communities that we serve, Abdul Latif Jameel is a respected guide, partner and trusted advisor in the MENAT region. MENAT is rich in possibilities, with 364 million ambitious consumers eager for better. Let us help you navigate the pathways of this new terrain. Together, we can unlock the exciting potential it has to offer. In doing so, we will create an even better future for the MENAT region.

Contents © Abdul Latif Jameel IPR Company Limited. All copyright and other intellectual property rights are fully reserved. Illuminating sunset, Abu Dhabi Saudi Arabia United Arab Emirates Japan Turkey Domestic Headquarters Affiliated International Headquarters Affiliated Office Affiliated Office Corporate Abdul Latif Jameel Company Ltd Abdul Latif Jameel International – DMCC Abdul Latif Jameel General ALJ Holding A.Ş. PO Box 3327 17th Floor, Jumeirah Business Center Trading Co. Ltd Vişnezade Mah. Şehit Mehmet Sok. Jeddah 21471 Cluster G, Jumeirah Lakes Towers 1F Yusen Bldg., Maçka Residences A Blok No:9 Kat:14 Kingdom of Saudi Arabia PO Box: 643664 2-3-2 Marunouchi Chiyoda-ku, Beşiktaş Dubai, Tokyo Istanbul [email protected] information United Arab Emirates 100-0005 Japan Turkey [email protected] [email protected] [email protected]

Publication date: October 2015, version 2.0

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