Mabanee
Mabanee is a leading real estate developer and partner. Since 1999, the Company has been listed in the Kuwait Stock Exchange and is under the Premier Market Index, as well as the MSCI Index.
The Mabanee Company is a Kuwaiti shareholding company that has five divisions: real estate development; the ownership, construction, management and operation of commercial malls; project management; the establishment and management of real estate investment portfolios; and logistics. It is best known for the Avenues mall brand, which includes Avenues Kuwait – the largest mall in Kuwait with more than 1,100 stores. The company is building two hotels in Kuwait, which will be managed by the Hilton Group. It also has malls in Bahrain and it is building shopping centers in Riyadh and Khobar in Saudi Arabia. Alshaya United owns 34.17% of the company. Waleed Khaled Altaian has been the CEO of the company since 2006. Since 1999, the Company has been listed in the Kuwait Stock Exchange and is under the Premier Market Index, as well as the MSCI Index.