Muhannad Mohammed Al-Kharafi
Muhannad Mohammed Al-Kharafi is the Vice Chairman of M.A. Al-Kharafi & Sons, a conglomerate founded by his late father Mohammed in 1956.
imported 2024-03-17 17:43:07
Muhannad Mohammed Al-Kharafi is the Vice Chairman of M.A. Al-Kharafi & Sons, a conglomerate founded by his late father Mohammed in 1956.
Kutayba Yusuf Alghanim is the Chairman of Alghanim Industries, which his late father Yusuf founded in 1932. He is considered the head of one of the biggest private sector companies in the Gulf Area.
Bassam Alghanim’s wealth comes from assets inherited from his father’s conglomerate Alghanim Industries, a diversified company chaired by his brother, as well as his stake in Gulf Bank.
The Top 10 list of the most powerful business leaders in Kuwait is compiled and updated bi-annually by the MarcoPolis research team. The numerical rankings take into account the accumulated wealth of each of these business personalities. The Top 10 list is led by Bassam Alghanim, followed by his brother Kutayba Alghanim and Fawzi Al Kharafi.
“Dahan is involved in interior fit out contracting. We execute many spaces such as restaurants, shops, boutiques, banks, and office spaces. We are purely executers and builders. We do not offer any kind of design services or business requirements for the retailers,” says Sameer Al Dahan, Managing Partner at Dahan General Trading & Contracting.
“I have a friend who is a specialist in oil, he said to me “if you ask me tomorrow what would be the price of oil, I would not judge it”. In the past, if you remember, the oil prices in a week or even a month could go up or down by 50 cents or maximum by a US dollar, but now they can drop or rise by one US dollar or by three,” says Bader Al Humaidhi, Former Minister of Finance.
“C Club was established in 2005 and the concept behind it was to have not only a fitness facility but as well a social club where people can interact, meet, do business and so on. There is the fitness side and the social side. It is rare to find a club in Kuwait that provides both.”
“Our target would be to secure more projects in the oil and gas sector because that’s our main ball game as well as securing more projects in infrastructure and expanding when it comes to maintenance contracts, which is of great interest to us.”
“Our strategy for 2017 and 2018 centers on the retail customer, the corporate customer, banks, our business with international institutions, our stakeholders and shareholders. They are all my customers. This is the number one priority for me, my staff, and the management.”
“We will focus on interdisciplinary cooperation and interdisciplinary ideas. It is hard to see in advance what the result will be, but that is part of the excitement. Right now, we have fourteen degree programs.”