M. A. Kharafi & Sons
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Company type | Private (Limited Liability) |
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Industry | Conglomerate |
Founded | 1956 |
Headquarters | Safat, Kuwait |
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 |
Revenue | US$ 4.5 Billion (2008) |
Number of employees | 20,000 (2008) |
Website | makharafi.net |
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.[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]
As of 30 March 2008[1]
Subsidiaries, associates and affiliates
Investments
Companies under management
Name | Country | Holding |
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Marsa Alam International Airport | Egypt | - |
Developments and Projects
Name | Country | Holding |
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Kiwan | Syria | - |