Bukhamseen Holding
Top 100 Arab Family Businesses in the Middle East

Rank: 59

Bukhamseen Holding

Country: Kuwait

Sector: Diversified

Establishment: 1957

Chairperson: Jawad Ahmed Bukhamseen

Bukhamseen Holding has diversified its activities from trade, real estate, and construction to include finance and banking, hospitality, industrial production, and media, among others. In the banking sector, the company co-founded the Kuwait International Bank and holds 35.8% of its shares, worth $273 million as of April 2021. It has also invested in other listed firms, including Al-Arabiya Real Estate Company, Egyptian Gulf Bank, and Qatar First Bank. Bukhamseen Holding is also a 61% stakeholder of Warba Insurance Company, one of Kuwait’s oldest insurers. The family’s financial asset manager arm, the Arab Investment Company, has assets under management worth more than $1 billion.