Founded in the mid-1950s as a trading company supplying equipment to Kuwait’s oil industry, BoodaiCorp today has evolved into a diversified investment corporation across multiple sectors, including trading, media, transportation, aviation, logistics, and engineering services. Its key investments include Alrai Media Group, Hilal Cement Company, and a 55.62% stake in Jazeera Airways. In 2024, Jazeera Airways recorded 5.1% growth in passenger numbers, with 4.9 million passengers and operating revenues of $677 million.