Nasser Al-Kharifi President of the company Mohammed Abdulmohsin Al-Kharafi and Sons Gro Country: Kuwait

Biography of Nasser Al-Kharafi

Nasser Al-Kharafi, the president of Mohammed Abdulmohsin Al-Kharafi and Sons Group, is one of the wealthiest men in the world. This Kuwaiti company is currently one of the most active and diverse conglomerates in the Arab world. It is involved in construction, agriculture, food industry, finance and banking, real estate, infrastructure, tourism, leisure, and various other sectors. The conglomerate employs 70,000 Arab nationals, and its annual sales amount to 3.9 billion dollars.

According to Nasser Al-Kharafi, the development of his company required expanding into the international arena, as Kuwait is a very small market. Initially, this seemed like a significant risk, but it turned out to be successful. The company took risks in Saudi Arabia, followed by the United Arab Emirates, and then Egypt and South Africa.

Nasser Al-Kharafi is not only the head of Al-Kharafi Group but also the chairman of Egypt Kuwait Holding Company, a member of the board of directors of National Bank of Kuwait, and the chairman of Kuwait Food Company. He was also the managing director of Aluminium Industries Company and a member of the Kuwaiti-Iranian Committee for Development Projects. Additionally, Nasser Al-Kharafi is the president of Utility Kuwait Construction Company, the owner of Albanian Airlines, and a member of the boards of directors of Dar Al-Qabas Press and Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah Foundation. Recently, he sponsored a conference on the role of private business and played a crucial role in investment liberalization in developing countries.

Currently, Al-Kharafi Group has contracts in South Africa, the Red Sea coast, and Albania. Furthermore, the company has recently expanded into Iraq, contributing to the reconstruction of the financial sector, telecommunications system, and developing the mobile phone industry. The diverse business commitments of the company reflect Nasser Al-Kharafi's strong belief in the importance of individuals in any successful business. He is passionate about activities such as landscaping, photography, and sports, which he promotes and supports throughout the Middle East. Nasser is married and has three sons and two daughters.