M. A. Kharafi & Sons
(Redirected from M.A. Kharafi & Sons)
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M.A. Kharafi & Sons (Mohammed Abdulmohsin Al-Kharafi & Sons W.L.L., Template:Langx) is a private company based in Kuwait with a variety of commercial interests and revenues for 2006 estimated at $3.3 billion.Script error: No such module "Unsubst". The company was run by Nasser Al-Kharafi until his death in 2011. On 15 April 2006, the US doughnut retailer Krispy Kreme announced that M.A. Kharafi & Sons bought a 6.7 percent stake, or 4.13 million shares.Script error: No such module "Unsubst". Al-Kharafi is also a supplier and integrator to the newspaper industry in Kuwait. In 2011 the Kharafi family was listed at 77th position in Forbes magazine's list of the world's richest people.[1][2]
The company was founded by Mohamed Abdul Mohsen Al Kharafi in 1956 as a contracting company.[3]
The company sold its shares in Americana to Mohamed Al Abbar, (who is one of the founders of Emaar) in 2016 for $2.3 billion.[4]
In May 2015, Fawzi Al-Kharafi was delegated and assigned by the family as a chairman and president following the death of Jassim.[5] He died in 2021.[6]
M.A. Kharafi & Sons is a privately-owned limited liability company.[7] It has subsidiaries in Europe, Asia, and Africa in the construction, tourism real estate, and food and food processing sectors.[8]
Subsidiaries, associates and affiliates
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| Name | Country | Holding |
|---|---|---|
| Al Khair National for Stocks and Real Estate Company[9] | Template:Flagicon Kuwait | 100.00% |
| Al Nasser Real Estate Company | Template:Flagicon Lebanon | 100.00% |
| Emak Paper Manufacturing Company[10] | Template:Flagicon Egypt | 100.00% |
| Kharafi Construction[11] | Template:Flagicon Kuwait | 100.00% |
| Kuwait United Company[12] | Template:Flagicon Kuwait | 100.00% |
| Kuwaiti British Readymix Company[13] | Template:Flagicon Kuwait | 100.00% |
| LMAK for Agencies and Trading Company | Template:Flagicon Lebanon | 100.00% |
| Lebanese Real Estate Commercial Company | Template:Flagicon Lebanon | 100.00% |
| Lebanese Utilities Company | Template:Flagicon Lebanon | 100.00% |
| M A Kharafi Construction[14] | Template:Flagicon South Africa | 100.00% |
| M A Kharafi and Sons Company - Saudi Arabia | Template:Flagicon Saudi Arabia | 100.00% |
| M A Kharafi and Sons Company - The Gambia[15] | Template:Flagicon The Gambia | 100.00% |
| M A Kharafi and Sons Company (MAK)[8] | Template:Flagicon Kuwait | 100.00% |
| MAK Bulgaria | Template:Flagicon Bulgaria | 100.00% |
| MAK Contracting | Template:Flagicon Lebanon | 100.00% |
| MAK Hospitality and Touristic Investmests | Template:Flagicon Lebanon | 100.00% |
| MAK Hospitality and Touristic Investments - Syria | Template:Flagicon Syria | 100.00% |
| MAK Lebanon | Template:Flagicon Lebanon | 100.00% |
| MAK Pty | Template:Flagicon Botswana | 100.00% |
| Marsa Alam Tourism Development Company[16] | Template:Flagicon Egypt | 100.00% |
| Mohamed Abdulmohsin Al Kharafi and Sons | Template:Flagicon Tanzania | 100.00% |
| Sovereign Hospitality Holdings | Template:Flagicon Switzerland | 100.00% |
| Sovereign Hospitality Holdings - Egypt (via Sovereign Hospitality Holdings) | Template:Flagicon Egypt | 100.00% |
| Alexandria Fertilizers Company | Template:Flagicon Egypt | 85.00% |
| Kharafi National Company[17] | Template:Flagicon Kuwait | 80.00% |
| Arab Company for Computer Manufacturing[18] | Template:Flagicon Egypt | 71.00% |
| Arab Aluminium[19] | Template:Flagicon Egypt | 68.00% |
| Kuwait Food Company (via Al Khair National Company for Stocks and Real Estate Company) | Template:Flagicon Kuwait | 64.78% |
| National Investments Company (via Al Khair National for Stocks and Real Estate Company)[20] | Template:Flagicon Kuwait | 51.73% |
| Admak General Contracting Company | Template:Flagicon UAE | 49.00% |
| Al Mal Investment Company (via Al Khair National for Stocks and Real Estate Company)[21] | Template:Flagicon Kuwait | 47.85% |
| AutoMak Automotive Company[22] | Template:Flagicon Kuwait | 45.00% |
| Heavy Engineering Industries and Shipbuilding Company (via Al Khair National for Stocks and Real Estate Company)[23] | Template:Flagicon Kuwait | 42.62% |
| Kuwait Cryo Industrial Company | Template:Flagicon Kuwait | 40.00% |
| Coast Investment and Development Company (via Al Khair National for Stocks and Real Estate Company)[24] | Template:Flagicon Kuwait | 32.71% |
| Gulf Cement Company - UAE (via Al Khair National for Stocks and Real Estate Company)[25] | Template:Flagicon UAE | 26.33% |
| Alamiah Building Company[26] | Template:Flagicon Kuwait | - |
| Albania Airlines MAK | Template:Flagicon Albania | - |
| Aluminium Industries Company | Template:Flagicon Kuwait | - |
| Al Qebla Al Watya - Kuwait | Template:Flagicon Kuwait | - |
| Archi Systems Contractor | Template:Flagicon Kuwait | - |
| AutoMak General Trading and Contracting Company - Kuwait[22] | Template:Flagicon Kuwait | - |
| Aviation World MAK BV[27] | Template:Flagicon Netherlands | - |
| Bubiyan Fisheries Company[28] | Template:Flagicon Kuwait | - |
| Chateau Linza Hotel and Restaurant | Template:Flagicon Albania | - |
| Credit Bank of Albania | Template:Flagicon Albania | - |
| Cybermak Information Systems Company | Template:Flagicon Kuwait | - |
| EMAK Contracting Company | Template:Flagicon Egypt | - |
| EMAK International Academy | Template:Flagicon Egypt | - |
| EMAK Marsa Alam for Management and Operation of Airports | Template:Flagicon Egypt | - |
| EMAK Marsa Alam for Touristic Development and Urban Investment | Template:Flagicon Egypt | - |
| EMAK Real Estate Development | Template:Flagicon Egypt | - |
| EMAK for Agencies and Trading Company | Template:Flagicon Egypt | - |
| EMAK for Tourism and Real Estate Development | Template:Flagicon Egypt | - |
| EMAK for Utilities and Services | Template:Flagicon Egypt | - |
| Egyptian Marsa Alam Aviation Services | Template:Flagicon Egypt | - |
| Egyptian Packing and Wrapping Materials Company (Misr Packaging) | Template:Flagicon Egypt | - |
| Egyptian Sponge (Misr Foam) | Template:Flagicon Egypt | - |
| Emirates Utilities Holding Company (EUCH) | Template:Flagicon UAE | - |
| Express Air and Travel | Template:Flagicon Egypt | - |
| Gulf Insulating Materials | Template:Flagicon Kuwait | - |
| Integrated Marketing Services | Template:Flagicon Egypt | - |
| Isofoam Insulating Materials Plant[29] | Template:Flagicon Kuwait | - |
| Isofoam SA | Template:Flagicon South Africa | - |
| Kairaba Beach Hotel and Resort | Template:Flagicon The Gambia | - |
| Kharafi Investments and Development - South Africa | Template:Flagicon South Africa | - |
| Kiwan Tourist Investment Company | Template:Flagicon Syria | - |
| Kuwaiti Iraqi Holding Company | Template:Flagicon Kuwait | - |
| MAK Brake Lining Company | Template:Flagicon Egypt | - |
| MAK Farm Foods[15] | Template:Flagicon The Gambia | - |
| MAK Hospitality | Template:Flagicon South Africa | - |
| MAK Travel and Tours | Template:Flagicon South Africa | - |
| MAK Travel, Tourism and Airfreight Company | Template:Flagicon Kuwait | - |
| MAK United for General Trading | Template:Flagicon Kuwait | - |
| MAKXalto Advanced Card Technology | Template:Flagicon Egypt | - |
| Mali Robit Golem Resort | Template:Flagicon Albania | - |
| Marsa Alam for Touristic Development | Template:Flagicon Egypt | - |
| Media Phone for General Trading | Template:Flagicon Kuwait | - |
| Mosaic Stairs Factory | Template:Flagicon Kuwait | - |
| National Company for Plastic Industries | Template:Flagicon Syria | - |
| National Piling Company | Template:Flagicon Kuwait | - |
| Pan Arab Research Center | Template:Flagicon UAE | - |
| Pan Arab Research Center - Kuwait | Template:Flagicon Kuwait | - |
| Sabhan Steel Factory | Template:Flagicon Kuwait | - |
| Sheraton Aleppo Hotel and Towers | Template:Flagicon Syria | - |
| Sheraton Tirana Hotel | Template:Flagicon Albania | - |
| Star Taxi[30] | Template:Flagicon Syria | - |
Investments
Companies under management
| Name | Country | Holding |
|---|---|---|
| Marsa Alam International Airport[31] | Template:Flagicon Egypt | - |
Developments and Projects
| Name | Country | Holding |
|---|---|---|
| Kiwan | Template:Flagicon Syria | - |
See also
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References
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