Founded by Yusuf Alghanim in 1932, Alghanim Industries today employs over 14,000 people. The group’s portfolio of more than 30 businesses and 300 global brands is spread across automotive, engineering, F&B, industrials, distribution, finance, transport and logistics, and travel and tourism. Alghanim Industries also owns the consumer retailers Safat Home and X-cite electronics and sells GM and Ford cars in Kuwait. In November 2021, the company increased the manufacturing capacity of Kirby Building Systems in India from 200,000 metric tons to 300,000 metric tons per year.