Abdul Latif Jameel

Abdul Latif Jameel was founded in Jeddah by Abdul Latif Jameel as a small trading business in 1945. Today, it is present in more than 30 countries over six continents and employs 11,000 people. JIMCO, the global investment arm of the Jameel family, was one of the early investors in electric automaker Rivian, which has since seen investment from Amazon and Fidelity. In March 2021, Fotowatio Renewable Ventures, part of the group’s energy businesses, closed a financing agreement with IFC, EBRD, and Ameriabank to develop the largest utility-scale solar power plant in Armenia.