Kuwait Report
Marcopolis presents the Kuwait Report focused on the investments, doing business, economy and other topics featuring interviews with Kuwaiti leaders. The sectors under review in this issue are industry, oil and gas sector, investments, banking sector, telecom sector and many more.
Gulf Bank
Gulf Bank is one of the largest and leading banks in Kuwait, with a broad offering of consumer banking, wholesale banking, treasury, and financial services, through its large network of over 50 branches and over 300 ATMs. Established in 1960 with 50 employees and $6 million in capital, Gulf Bank has become one of the country’s largest banks, with over KD 6 billion in total assets as of 31 December 2021. Its biggest shareholder is the Alghanim family, which owns 32.7% of the bank, worth $686 million as of May 2021. Behbehani Investment owns 5.4%, while the Public Institution for Social Security owns 5.5%.
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