M. A. Kharafi & Sons

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Mohamed Abdulmohsin Al Kharafi and Sons Company
مجموعة الخرافي
Type Private (Limited Liability)
Industry Conglomerate
Founded 1956
Headquarters Safat, Kuwait
Area served Africa, Middle East, Albania, Belize, Bulgaria, Indonesia, Kazahkstan, 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
Services Airlines, Airports, Broker, Hotels, Travel services agents
Revenue US$ 3.3 Billion (2006)
Employees 100,000 (2008)
Website makharafi.net

M.A. Kharafi & Sons (Mohammed Abdel mohsen Al-Kharafi & Sons WLL, 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.[citation needed] 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.[citation needed] Al-Kharafi is also a supplier and integrator to the newspaper industry in Kuwait. The Kharafi family was recently[when?] listed at 29th position in the Forbes magazine's list of the richest people in the world.[citation needed]

Organization structure and related entities[edit]

As of 30 March 2008[1]

Subsidiaries, associates and affiliates[edit]

Investments[edit]

Name Country Holding
Al Khair National for Stocks and Real Estate Company Kuwait Kuwait 100.00%
Al Nasser Real Estate Company Lebanon Lebanon 100.00%
Emak Paper Manufacturing Company Egypt Egypt 100.00%
Kharafi Construction Kuwait Kuwait 100.00%
Kuwait United Company Kuwait Kuwait 100.00%
Kuwaiti British Readymix Company Kuwait Kuwait 100.00%
LMAK for Agencies and Trading Company Lebanon Lebanon 100.00%
Lebanese Real Estate Commercial Company Lebanon Lebanon 100.00%
Lebanese Utilities Company Lebanon Lebanon 100.00%
M A Kharafi Construction South Africa South Africa 100.00%
M A Kharafi and Sons Company - Saudi Arabia Saudi Arabia Saudi Arabia 100.00%
M A Kharafi and Sons Company - The Gambia The Gambia Gambia 100.00%
M A Kharafi and Sons Company (MAK) Kuwait Kuwait 100.00%
MAK Bulgaria Bulgaria Bulgaria 100.00%
MAK Contracting Lebanon Lebanon 100.00%
MAK Hospitality and Touristic Investmests Lebanon Lebanon 100.00%
MAK Hospitality and Touristic Investments - Syria Syria Syria 100.00%
MAK Lebanon Lebanon Lebanon 100.00%
MAK Pty Botswana Botswana 100.00%
Marsa Alam Tourism Development Company Egypt Egypt 100.00%
Mohamed Abdulmohsin Al Kharafi and Sons Tanzania Tanzania 100.00%
Sovereign Hospitality Holdings Switzerland Switzerland 100.00%
Sovereign Hospitality Holdings - Egypt (via Sovereign Hospitality Holdings) Egypt Egypt 100.00%
Alexandria Fertilizers Company Egypt Egypt 85.00%
Kharafi National Kuwait Kuwait 80.00%
Arab Company for Computer Manufacturing Egypt Egypt 71.00%
Arab Aluminium Egypt Egypt 68.00%
Kuwait Food Company (via Al Khair National Company for Stocks and Real Estate Company) Kuwait Kuwait 64.78%
National Investments Company (via Al Khair National for Stocks and Real Estate Company) Kuwait Kuwait 51.73%
Admak General Contracting Company United Arab Emirates UAE 49.00%
Al Mal Investment Company (via Al Khair National for Stocks and Real Estate Company) Kuwait Kuwait 47.85%
AutoMak Automotive Company Kuwait Kuwait 45.00%
Heavy Engineering Industries and Shipbuilding Company (via Al Khair National for Stocks and Real Estate Company) Kuwait Kuwait 42.62%
Kuwait Cryo Industrial Company Kuwait Kuwait 40.00%
Coast Investment and Development Company (via Al Khair National for Stocks and Real Estate Company) Kuwait Kuwait 32.71%
Gulf Cement Company - UAE (via Al Khair National for Stocks and Real Estate Company) United Arab Emirates UAE 26.33%
Alamiah Building Company Kuwait Kuwait -
Albania Airlines MAK Albania Albania -
Aluminium Industries Company Kuwait Kuwait -
Archi Systems Contractor Kuwait Kuwait -
AutoMak General Trading and Contracting Company - Kuwait Kuwait Kuwait -
Aviation World MAK BV Netherlands Netherlands -
Bubiyan Fisheries Company Kuwait Kuwait -
Chateau Linza Hotel and Restaurant Albania Albania -
Credit Bank of Albania Albania Albania -
Cybermak Information Systems Company Kuwait Kuwait -
EMAK Contracting Company Egypt Egypt -
EMAK International Academy Egypt Egypt -
EMAK Marsa Alam för Management and Operation of Airports Egypt Egypt -
EMAK Marsa Alam for Touristic Development and Urban Investment Egypt Egypt -
EMAK Real Estate Development Egypt Egypt -
EMAK for Agencies and Trading Company Egypt Egypt -
EMAK for Tourism and Real Estate Development Egypt Egypt -
EMAK for Utilities and Services Egypt Egypt -
Egyptian Marsa Alam Aviation Services Egypt Egypt -
Egyptian Packing and Wrapping Materials Company (Misr Packaging) Egypt Egypt -
Egyptian Sponge (Misr Foam) Egypt Egypt -
Emirates Utilities Holding Company (EUCH) United Arab Emirates UAE -
Express Air and Travel Egypt Egypt -
Gulf Insulating Materials Kuwait Kuwait -
Integrated Marketing Services Egypt Egypt -
Isofoam Insulating Materials Plant Kuwait Kuwait -
Isofoam SA South Africa South Africa -
Kairaba Beach Hotel and Resort The Gambia Gambia -
Kharafi Investments and Development - South Africa South Africa South Africa -
Kiwan Tourist Investment Company Syria Syria -
Kuwaiti Iraqi Holding Company Kuwait Kuwait -
MAK Brake Lining Company Egypt Egypt -
MAK Farm Foods The Gambia Gambia -
MAK Hospitality South Africa South Africa -
MAK Travel and Tours South Africa South Africa -
MAK Travel, Tourism and Airfreight Company Kuwait Kuwait -
MAK United for General Trading Kuwait Kuwait -
MAKXalto Advanced Card Technology Egypt Egypt -
Mali Robit Golem Resort Albania Albania -
Marsa Alam for Touristic Development Egypt Egypt -
Media Phone for General Trading Kuwait Kuwait -
Mosaic Stairs Factory Kuwait Kuwait -
National Company för Plastic Industries Syria Syria -
National Piling Company Kuwait Kuwait -
Pan Arab Research Center United Arab Emirates UAE -
Pan Arab Research Center - Kuwait Kuwait Kuwait -
Sabhan Steel Factory Kuwait Kuwait -
Sheraton Aleppo Hotel and Towers Syria Syria -
Sheraton Tirana Hotel Albania Albania -
Star Taxi Syria Syria -
Name Country Holding
Kuwait Pipe Industries and Oil Services Company (via Al Khair National for Stocks and Real Estate Company) Kuwait Kuwait 15.82%
Gulf North Africa Holding Company Kuwait Kuwait 15.00%
Kuwaiti Syrian Holding Company Kuwait Kuwait 15.00%
Rasamny Younis Motor Company Lebanon Lebanon 12.80%
Mobile Telecommunications Company (via Al Khair National for Stocks and Real Estate Company) Kuwait Kuwait 12.49%
Egypt Kuwait Holding Company (via Al Khair National for Stocks and Real Estate Company) Egypt Egypt 12.42%
National Industries Group Holding (via Al Khair National for Stocks and Real Estate Company) Kuwait Kuwait 9.84%
National Slaughterhouse Company Kuwait Kuwait 9.35%
Kuwait Financial Centre (via Al Khair National for Stocks and Real Estate Company) Kuwait Kuwait 7.2%
Al Razzi Holding Company Kuwait Kuwait 5.00%
National Ranges and Real Estate Company (via Al Khair National for Stocks and Real Estate Company) Kuwait Kuwait 5.00%
ABJ Engineering and Contracting Company Kuwait Kuwait 1.00%
Port Ghalib Egypt Egypt -

Companies under management[edit]

Name Country Holding
Marsa Alam International Airport Egypt Egypt -

Developments and Projects[edit]

Name Country Holding
Kiwan Syria Syria -

References[edit]