Industry Conglomerate Headquarters Kuwait City Founded 1956 | Website makharafi.net Revenue 4.5 billion USD (2013) Number of employees 20,000 | |
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Area served Africa, Middle East, Albania, Belize, Bulgaria, Indonesia, Kazakhstan, Maldives & Netherlands Key people Nasser Al-Kharafi
(Chairman) & (President)
Fawzi Al-Kharafi (CEO) Products Aluminum, Asphalt, Computer, Concrete, Fertilizer, Food, Prefabricated construction supplies, Real Estate, Steel, Telecom, Wastewater treatment plants Services Airlines, Airports, Broker, Hotels, Travel services agents Type of business Private (Limited Liability) Subsidiaries Marsa Alam For Tourism Development | ||
M.A. Kharafi & Sons (Mohammed Abdulmohsin Al-Kharafi & Sons W.L.L., Arabic: مجموعة الخرافي) is a private company based in Kuwait with a variety of commercial interests and revenues for 2006 estimated at USD$3.3 billion. The company was run by Nasser Al-Kharafi until his death in 2011. On April 15, 2006 the US doughnut retailer Krispy Kreme announced that MA Kharafi & Sons bought a 6.7 percent stake or 4.13m shares. Al-Kharafi is also a supplier and integrator to the newspaper industry in Kuwait. The Kharafi family was recently listed at 29th position in the Forbes magazine's list of the richest people in the world.
Organization structure and related entities
As of 30 March 2008
References
M. A. Kharafi & Sons Wikipedia(Text) CC BY-SA