Alghanim Industries
Top 100 Arab Family Businesses in the Middle East

Rank: 13

Alghanim Industries

Country: Kuwait

Sector: Diversified
Establishment: 1932

Chairperson: Kutayba Al Ghanim

Alghanim Industries was founded by Yusuf Alghanim in 1932. He was also a founding member of the Commercial Bank of Kuwait, the Kuwait National Petroleum Company, and the Kuwait Pipes Company. Kuwait’s largest family-owned company has over 30 businesses across 40 countries in the automotive, engineering, food, and beverage, industrial, consumer, and services sectors. The family owns 32.75% in Gulf Bank, valued at $713 million as of April 2021. Kutayba Alghanim was honored in December 2020 by the Kuwait Red Crescent Society for donations towards COVID-19 relief efforts.