Mabanee is a Kuwait-based real estate developer with projects across Kuwait, Saudi Arabia, and Bahrain. Its portfolio includes The Avenues malls and shopping districts across the region. In 2025, net profits reached $273 million, up 29.39% year-on-year. In November 2025, Mabanee signed Kuwait’s first green loan agreement, valued at $81.4 million. Alshaya United is the largest shareholder, holding a 34.17% as of February 2026.