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He is the Chief Executive Officer of Crescent Enterprises, a conglomerate headquartered in the United Arab Emirates with operations in ports and logistics, power and engineering, and venture capital. Jafar is also the President of Crescent Enterprises' sister company Crescent Petroleum. He is the Chairman of Pearl Petroleum, a five-member international consortium for the development of natural gas assets in the Kurdistan Region of Iraq, and the Chairman of the Executive Board of Gulftainer, a port and logistics operator.
Jafar is the Founder of the Pearl Initiative, an organization that promotes corporate governance, accountability and transparency within the Gulf region of the Middle East, launched in 2010 at the United Nations.
In 2011, Jafar was named a Young Global Leader by the World Economic Forum and is a member of its Stewardship Board.
He was named one of the 100 most powerful Arabs by Arabian Business and Gulf Business in 2019 and 2021.