Morad Yousuf Behbehani Group
Chairperson: Ali Morad Behbehani
The Morad Yousuf Behbehani Group represents over 100 international brands in Kuwait through its subsidiaries and joint ventures. It also owns 5.4% of Gulf Bank, worth $119 million as of April 2021, and 37.9% of Ahli Bank of Kuwait, worth $415 million. The family conglomerate mainly trades luxury watches, jewelry, luggage, travel accessories, surveying systems, audio-visual equipment, medical equipment, air-conditioning equipment, and telecommunications equipment. The group has helped introduce several key technology products to Kuwait, such as air-conditioning, radio, and TV broadcasting, among others.