Gulf Business

BADER AL KHARAFI

DIRECTOR, MA AL KHARAFI & SONS ORIGIN KUWAIT RESIDENCE KUWAIT SECTOR DIVERSIFIE­D

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AKuwaiti businessma­n of enormous influence in the Gulf, Bader Al Kharafi’s primary role is director for the familyowne­d MA Al Kharafi & Sons. However, this is only one of the many hats he wears, serving on boards for Zain in Saudi Arabia, Gulf Cable and Electric and Mitsubishi Egypt. Some turbulence did hit Al Kharafi & Sons last year when its holding company Al Khair sold a 69 per cent stake in the food giant Americana. Meanwhile Kuwait's Agility opened talks about potentiall­y acquiring its constructi­on firm Kharafi National. However, the constructi­on company also won the Kuwait Internatio­nal Airport contract for $4.3bn.

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