Article from: MEED Middle East Economic Digest Article date: January 25, 2008
Nasser Mohammed al-Kharafi
POSITION President, Mohammed Abdulmohsin al-Kharafi & Sons Company
BIOGRAPHY Nasser Mohammed al-Kharafi is president of the Al-Kharafi Group,
which has an annual turnover of more than $4bn and operates in more than 25
countries. Originally established as a trading business, it has since developed into a
multinational company with more than 100,000 employees. Successful ventures
within Kuwait and the wider GCC region involved the company opening permanent
branches in Saudi Arabia in 1965, the UAE in 1968, Yemen in 1975 and Egypt in 1980.
The private group's activities cover construction, manufacturing and commerce,
while also holding other investments in leading Kuwaiti financial institutions. AlKharafi
is estimated to be one of the world's wealthiest individuals, with personal
investments worth $11.5bn. He is also chairman of Egypt Kuwait Holding Company,
and sits on the board of National Bank of Kuwait.
CONTACT Tel: (+965) 481 3622
Abdul Rahman al-Marouf
POSITION Vice-chairman, Combined Group Contracting Company
BIOGRAPHY Abdul Rahman al-Marouf is vice-chairman and managing director of
Combined Group Contracting Company The private Kuwaiti-based firm specializes in
roads, infrastructure, housing and oil works, and has completed about $670m worth
of work over the past five years. In 2007, approximately 50 per cent of its work
focused on projects in the buildings and oil and gas sectors. It employs just under
3,000 people. Al-Marouf says he is keen to explore opportunities to become involved
with the Iraq reconstruction process, including building construction, infrastructure
projects and oil field services. In Kuwait, the company is engaged on the Subiya
Expressway road project, Jaber al-Ahmad City project, and infrastructure
maintenance in Farwanya. It is also involved in international projects in Lebanon,
Azerbaijan and Georgia.
CONTACT Tel: (+965) 225 4545
Fouad Alghanim
POSITION Chairman, Alghanim International General Trading & Contracting Company
BIOGRAPHY AS chairman of the Alghanim Group, Fouad Alghanim has been
involved in various business sectors in Kuwait and abroad for more than four
decades. Established in the 1960s, the general contracting company has undertaken
major civil and electro-mechanical projects, which include the development of major
housing projects, and the installation and maintenance of major pumping stations. It
also acts as regional representative for several international construction firms. Its
existing customer base includes the housing, public works, energy and defence
ministries, as well as Kuwait Oil Company. Alghanim also holds key positions in
various bodies, including director of First International Merchant Bank in Malta, and
membership of the World Economic Forum, the Society for the Care of Arab Children
and the International Council on Foreign Relations.
CONTACT Tel: (+965) 242 4775
Aliyar Deghani
POSITION General manager of contracts, United Gulf Construction Company
BIOGRAPHY The United Gulf Construction Company (UGCC) was established by
Aliyar Deghani in 1975, and he is still involved with the company as general manager
of contracts. Based in Kuwait, with clients including most government agencies,
UGCC is a multi-disciplinary firm that specializes in quality control in planning, and
management of engineering projects. This includes building construction,
infrastructure, roads and landscaping and oil sector schemes. The firm suffered
during Kuwait's occupation by Iraq, losing 90 per cent of its resources. It has reacted
by diversifying its business model to provide a more integrated service and a bigger
range of products. These include its file factory, asphalt plants and concrete batch
plants. UGCC has also developed a series of relationships with international
companies including Hyundai Engineering & Construction Company of South Korea.
CONTACT Tel: (+965) 474 7188
Brian Johnson
POSITION Chief operating officer, Mushrif Trading & Contracting Company
BIOGRAPHY Brian Johnson joined Mushrif Trading & Contracting Company in June
2007 from his previous position as divisional director for Grinaker of Namibia.
Johnson is chief operating officer of Mushrif, which was established in 1968 as a
specialist In heavy civil and infrastructure contracting. It became one of the leading
contracting companies in Kuwait and has been involved in several important projects
in the water, oil and gas, and highways sectors. Clients include the defence and
interior ministries, the US Air Force and the US National Guard. The company has
offices in Bahrain, UAE, Qatar, Iran and Iraq. Currently, the company has more than
KD248m ($910m) worth of work lined up, and last year announced a 100 per cent
capital investment increase from KD3m to KD6m as part of its regional expansion
plan. It has more than KD168m worth of projects under way.
CONTACT Tel (+965) 476 6172
Ahmad Faisal al-Thuwainy
POSITION Chairman, Ahmadia Contracting & Trading
BIOGRAPHY Abroad Faisal al-Thuwainy is chairman of the company and has
overseen the growth of one of the oldest contracting businesses In the country. The
Ahmadia Group was established In 1954 by Abdul Latif al-Thuwainy and engineer
Nagib Ibrahim Najjar. Over the years, the company has been responsible for several
key projects, including the Bayan Palace and the Emir's office (Amiri Diwan), Kuwait
Financial House, and the Arab Organization and Kuwait Airways headquarters
buildings. In 1994, the company was restructured to become a closed shareholding.
Today, Ahmadia focuses on commercial towers, residential complexes,
infrastructure, civil engineering and airports. It is one of four contractors bidding for
the $100m design, build and maintenance contract for the Bayan Conference hall
project to be built In Kuwait City.
CONTACT Tel: (+965) 483 1367
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