Kamel Al-Munajjed is the chairman of the Saudi-Indian Business Council.
He earned his bachelor’s degree from the American University of Beirut, and his MBA from the Abu Dhabi campus of the international business school INSEAD. As well as working for the Saudi-Indian Business Council, he is also a managing partner at Urjuan Real Estate Development and Investment Co.
After working for several years as a systems engineer, Al-Munajjed became head of investment and private banking at Saudi Fransi Bank, from 1988 to 1993.
For the next 11 years, he served as vice president of Al-Munajem Group, and in 2006 he became chairman of the Saudi-French Business Council. He became chairman of SHUAA Capital in 2012, leaving the financial services provider in 2015.
On Thursday, the Saudi-Indian Business Council held a joint meeting chaired by the head of the Council of Saudi Chambers, Dr. Sami Al-Obaidi.
The forum discussed many ongoing areas of business between the Kingdom’s various chambers of commerce, as well as ways of coordinating trips by representatives between India and Saudi Arabia for investment in the oil and gas industries. Tourism, mineral extraction, health care, information technology and other infrastructure projects were also discussed.
In a statement, Al-Munajjed praised the bilateral relations between Riyadh and New Delhi, adding that the visit of Crown Prince Mohammed bin Salman to India this week was a positive indicator for Saudi companies looking to invest in the subcontinent.
