Private (Limited Liability) | |
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 (2013) |
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. 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. Al-Kharafi is also a supplier and integrator to the newspaper industry in Kuwait. The Kharafi family was recently listed at 29th position in the Forbes magazine's list of the richest people in the world.
As of 30 March 2008